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Exco draws $47.8 million under its credit facility for acquisition
By Sara Rosenberg
New York, Sept. 20 - Exco Resources Inc. drew down $47.8 million under its amended and restated credit facility to help fund the acquisition of a package of producing oil and natural gas properties in West Virginia, according to an 8-K filed with the Securities and Exchange Commission Wednesday.
The draw was made on Sept. 19.
Exco is a Dallas-based independent energy company.
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