EXCO Resources, Inc. (EXCO Resources) is an independent oil and natural gas company engaged in the exploration, exploitation, development and production of onshore the United States oil and natural gas properties with a focus on shale resource plays. Its operations are conducted in the United States oil and natural gas areas, including East Texas, North Louisiana, Appalachia and the Permian Basin in West Texas. In addition to its oil and natural gas producing operations, it owns 50% interests in two midstream joint ventures located in East Texas/North Louisiana and Appalachia. As of December 31, 2012, the Company�s proved reserves were approximately 1 trillion cubic feet equivalents, of which 92.7% were natural gas and 96.3% were proved developed reserves.