(Source: Business Wire)EXCO Resources, Inc. (NYSE: XCO) ("EXCO") today announced that the lenders under the EXCO Resources, Inc. revolving credit agreement and the EXCO Operating Company, LP revolving credit agreement completed their regular semi-annual redetermination of the borrowing bases under each credit agreement to equal $850 million, resulting in an aggregate borrowing base of $1.7 billion. Currently, $751.4 million is drawn under the EXCO Resources, Inc. revolving credit agreement and $488.2 million is drawn under the EXCO Operating Company, LP revolving credit agreement.

In connection with the regular semi-annual redetermination of the borrowing bases, the lenders under the EXCO Resources, Inc. revolving credit agreement have agreed to reduce the borrowing base to $450 million upon the closing of the previously announced sales of oil and natural gas properties in Appalachia and the Mid-Continent. The aggregate borrowing base will be reduced to $1.3 billion. Total proceeds of $685 million, subject to customary closing adjustments, will be used to repay outstanding debt under the EXCO Resources, Inc. revolving credit agreement.

EXCO Resources, Inc. is an oil and natural gas exploration, exploitation, development and production company headquartered in Dallas, Texas with principal operations in East Texas, North Louisiana, Appalachia, West Texas and the Mid-Continent.

Additional information about EXCO Resources, Inc. may be obtained by contacting EXCO's Chairman, Douglas H. Miller, or its President, Stephen F. Smith, at EXCO's headquarters, 12377 Merit Drive, Suite 1700, Dallas, TX 75251, telephone number (214) 368-2084, or by visiting EXCO's website at www.excoresources.com. EXCO's SEC filings and press releases can be found under the Investor Relations tab.

This release may contain forward-looking statements relating to future financial results, business expectations and business transactions. Business plans may change as circumstances warrant. Actual results may differ materially from those predicted as a result of factors over which EXCO has no control. Such factors include, but are not limited to: estimates of reserves, commodity price changes, regulatory changes and general economic conditions. These risk factors and additional information are included in EXCO's reports on file with the Securities and Exchange Commission. EXCO undertakes no obligation to publicly update or revise any forward-looking statements.

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