Skip to main content

Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

BG Group Acquires 50% of Exco Resources Marcellus Operations

BG Group Exco Resources Inc.
AnnouncedFeb 9, 2011
TypeProperty
LocationMarcellus Shale
Announced Date
February 09,2011
Effective Date
July 01,2010
Close Date
February 07,2011
Transaction Type
Property
Enterprise Value (EV)($MM)
230




Snapshot
Asset/Basin:
{"Marcellus Shale",Appalachia}
TargetZones:
{"Marcellus Shale"}
Location
Region
Northeast

Country
United States

State
Pennsylvania

Play



Transaction Details:  Subscribe to see

EXCO Resources, Inc. announced that it received approximately $230 million from BG Group, plc in exchange for a 50% interest in oil and natural gas assets prospective for Marcellus shale development that EXCO recently purchased from Chief Oil & Gas LLC and related parties. The development of these assets will be governed by EXCO's Appalachia joint venture with BG Group. 

On January 31, 2011, TGGT Holdings, LLC ("TGGT"), a 50%-indirectly owned joint venture subsidiary of EXCO, entered into a credit agreement with commercial banks and BG Group as a co-lender and declared and paid a $250 million…



Other Northeast Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Jan-24-2020 - - Click here Pennsylvania  E&P
Dec-19-2019 - - Click here Ohio  E&P
Oct-21-2019 - - Click here Pennsylvania  E&P
Jul-19-2019 - - Click here Pennsylvania  E&P
Jul-19-2019 - - Click here Pennsylvania  E&P

Price History



Date Deal Headline Price$/acre
Feb-02-2026 Devon Acquires Coterra Energy; Bulk Up on Permian, Adds Gas Bank - -
Dec-08-2025 Antero Resources Acquires HG Energy II for $3.9B - -
Apr-22-2025 EQT Acquires Olympus Energy Assets For $1.8 Billion - -