PJT Partners Investment Banking Pitch Book
Bossier
Improved drilling and completion techniques in Bossier could increase EURS and drilling locations.
STAGGERED BOSSIER WELLS COULD YIELD MORE LOCATIONS
EXCO has approximately 30,000 net acres in the Bossier formation in DeSoto Parish with 167 gross operated
locations / 132 OBO locations
3P+ net reserves of 900 Bcf
Currently EXCO has 5 producing wells in NLA in the Mid-Bossier; 4 EXCO operated, 1 Operated by Other (OBO)
2017 vintage Bossier well (Norris 1-12) with largest completion design to date combined with a longer lateral IP'd
13 MMCFD and has CUM'd 1.2 Bcf in under five months; EXCO's best Bossier well to date
The current appraisal program is designed to achieve further breakthroughs in performance by refining landing
zone and completion design
The thickness of the Middle Bossier interval could provide a compelling staggered lateral development approach
and yield additional gross locations
Note: As of November 2017.
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