Exco Resources Inc. - 2011-04-05

The company's lenders under its revolving credit agreement completed their regular semi-annual redetermination of the borrowing base, resulting in an increase of the borrowing base from $1 billion to $1.5 billion.

Currently, $679 million is drawn under Exco's credit agreement. The next re-determination of the borrowing base is scheduled to occur on Oct. 1.