EXCO RESOURCES, INC. (NYSE:XCO) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item5.02
|
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Effective March29, 2017, the Board of Directors (the
Board) of EXCO Resources, Inc. (the
Company), acting upon the
recommendation of the Nominating and Corporate Governance
Committee of the Board, appointed Randall E. King as a member of
the Companys Board, as well as a member of the Audit Committee of
the Board and the Compensation Committee of the Board. Mr.King
will serve as a director until the Companys 2017 Annual Meeting
of Shareholders.
There are no arrangements or understandings between Mr.King and
any other persons to which he was selected to serve as a director
the Company. In addition, there are no transactions between the
Company and Mr.King or his immediate family members requiring
disclosure under Item404(a) of Regulation S-K promulgated under
the Exchange Act.
Section7 Regulation FD
| Item7.01 | Regulation FD Disclosure. |
On March31, 2017, the Company issued a press release announcing
the appointment of Mr.King. A copy of the press release is
attached hereto as Exhibit 99.1 and is incorporated by reference
herein.
In accordance with General Instruction B.2 of Form 8-K, the
information furnished to Item7.01 (including the information in
Exhibit 99.1) shall not be deemed to be filed for purposes of
Section18 of the Securities Exchange Act of 1934, as amended (the
Exchange Act), or otherwise subject to
the liabilities of that section, nor shall such information be
deemed incorporated by reference in any filing under the
Securities Act of 1933, as amended, or the Exchange Act, except
as shall be expressly set forth by specific reference in such a
filing.
Section9 Financial Statements and
Exhibits
| Item9.01. | Financial Statements and Exhibits. |
(d) Exhibits.
|
ExhibitNo. |
Description |
|
| 99.1 |
Press release, dated March 31, 2017, issued by EXCO Resources, Inc. |
About EXCO RESOURCES, INC. (NYSE:XCO)
EXCO Resources, Inc. (EXCO) is an oil and natural gas company. The Company is engaged in the exploration, exploitation, acquisition, development and production of onshore United States oil and natural gas properties with a focus on shale resource plays. The Company’s principal operations are conducted in certain United States oil and natural gas areas, including Texas, Louisiana and the Appalachia region. The Company holds acreage positions in approximately three shale plays in the United States, including East Texas and North Louisiana, South Texas and Appalachia. In East Texas and North Louisiana, the Company holds approximately 83,800 net acres in the Haynesville and Bossier shales. In South Texas, it holds approximately 65,800 net acres in the Eagle Ford shale. In Appalachia, the Company holds approximately 137,400 net acres prospective in the Marcellus shale. EXCO RESOURCES, INC. (NYSE:XCO) Recent Trading Information
EXCO RESOURCES, INC. (NYSE:XCO) closed its last trading session down -0.008 at 0.620 with 2,107,445 shares trading hands.