We started receiving check again on EXCO wells but it is from BK court? What does the future hold for Exco.?
I hear that they will try to come out of the other side. Don’t think anyone will buy them due to their amount of over drilled sections.
I suspect that if EXCO can not survive, Shell will end up operating their units or finding an existing Haynesville focused company to act as operator with Shell as a Working Interest. Shell owns a one half interest in all EXCO units.