Hal Hickey, Chief Executive Officer and President of EXCO Resources, Inc. (NYSE:XCO) said, "We must deliver our expected well results, optimize and reposition our portfolio through potential acquisitions and divestitures, and continue to address debt maturities through additional liability management initiatives. This will allow us to reduce our leverage and improve our debt to total capitalization back to sustainable levels. We believe this is achievable and the continued confidence the affiliates of our Board of Directors have in the Company and our team was demonstrated by their significant participation in the recent capital structure transactions where they invested additional capital into EXCO."