26 April 2024
Exco sells 50% of its stake in Marcellus shale assets to BG Group
Publication date: 11 February 2011
Gas Strategies Group
10 Saint Bride Street
London UK
EC4A 4AD
ISSN: 0964-8496
Twitter @GasStrategies
Editorials
Subscriptions
Dallas-based oil and gas company, Exco Resources said joint venture partner BG Group has paid $visual_editor30 million for 50% of its Marcellus shale assets by exercising its buy option on assets. Exco bought the assets for $459.4 million in December from Chief Oil & Gas.