Home | Perspectives | Shale Energy Law Blog | Exco Resources to Form Joint Venture with Harbinger Group
Exco Resources Inc. and Harnbinger Group Inc., a holding company, will form a joint venture, according to Reuters. Exco will contribute $172.5 million worth of oil and gas properties to the joint venture, with Harbinger Group paying $372.5 million for a 75 percent stake in Exco’s conventional oil and gas assets.
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