Summary of EXCO RESOURCES INC

Entry into a Material Definitive Agreement, Regulation FD Disclosure, Financia

Item 1.01. Entry into a Material Definitive Agreement.

On June 28, 2009, EXCO Operating Company, LP ("EXCO Operating"), a wholly-owned subsidiary of EXCO Resources, Inc. ("EXCO"), entered into a Purchase and Sale Agreement (the "East Texas Agreement") with Encore Operating, LP ("Encore"), effective April 1, 2009. Pursuant to the East Texas Agreement, upon the terms and subject to the conditions set forth therein, EXCO Operating has agreed to sell all of its interests in certain oil and gas properties located in its Overton and Gladewater areas of East Texas, and Encore has agreed to purchase such interests, for a purchase price of $165 million, in cash, subject to certain adjustments as provided for in the East Texas Agreement.

Also on June 28, 2009, EXCO entered into a Purchase and Sale Agreement (the "Midcontinent Agreement") with Encore, effective April 1, 2009. Pursuant to the Midcontinent Agreement, upon the terms and subject to the conditions set forth therein, EXCO has agreed to sell all of its interests in certain oil and gas properties located in its Midcontinent operating area, and Encore has agreed to purchase such interests, for a purchase price of $210 million, in cash, subject to certain adjustments as provided for in the Midcontinent Agreement.

Both the East Texas Agreement and the Midcontinent Agreement (together, the "Agreements") contain customary representations, warranties, covenants, indemnities and termination provisions and are subject to customary closing conditions. The closing of each Agreement is conditioned upon the closing of the other Agreement.

The Agreements are expected to close in August 2009.

Item 7.01. Regulation FD Disclosure.

On June 29, 2009, EXCO issued a press release, a copy of which is furnished as Exhibit 99.1, announcing the execution of the Agreements and the transactions contemplated therein.

In accordance with general instruction B.2 to Form 8-K, such information is being "furnished" and shall not be deemed "filed" with the Securities and Exchange Commission for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any other filing under the Securities Act of 1933.