Exco Resources, Inc. is a leading natural gas and oil company focused on shale development, with a strong emphasis on efficiency, technology, and safety in operations. The company's key assets include 1.6 TCFE of proved reserves and over 9,000 drilling locations, particularly in the Haynesville and Marcellus regions, contributing to significant production growth. Exco prioritizes environmental initiatives and community engagement while focusing 50% of its capital expenditures on North Louisiana shale in 2011.

1. April 5, 2011LOGA Annual Meeting

2. EXCO Resources, Inc. (NYSE: XCO)Premier asset base with ~1,000 committed employeesMission Statement

3. EXCO Resources, Inc. is a natural gas and oil company engaged in the exploration, exploitation, development and production of onshore natural gas and oil properties. Our operations are focused in certain key natural gas and oil producing regions of the United States. Our primary goal is to build value for our shareholders by enhancing the value of our assets through efficient operations, a high technology drilling program, development of our properties and exploitation of unproved upside.Guiding PrinciplesAt EXCO we achieve our mission within the framework established by our Guiding Principles Ethics: We are committed to transparency and conducting our business ethically and lawfully. We are accountable by taking responsibility for our actions and results.Safety: We provide a safe place to work and protect our environment.Teamwork: We create a work environment that encourages teamwork and cooperation by treating each other with respect and understanding. Technology: We pursue continuous improvement by encouraging technological innovation inthe achievement of our goals.Growth: We work to produce a high return and deliver on commitments to ourshareholders.

4. EXCO Operations AreaInventory of 9,000+ Shale Drilling LocationsHaynesville and Marcellus projects fuel 30%+ production growth strategy1.6 Tcfe of Proved Reserves(1) with potential for significant future reserve adds0.8 Tcfe of shale assets booked as proved Net production of 389 Mmcfe/d(2)Proved reserve life of11.3years and 57% Proved DevelopedSignificant Unproved Upside~300,000 gross acres in ETX/NLA (~152,000 net) 76,000net acres with Haynesville/Bossier shale potentialTotal resource base of 13.3 TcfeProved Reserves = 1.6 Tcfe3P Reserves = 2.8 Tcfe3P+ Reserves = 13.3 TcfeNet Production(2) = 389 Mmcfe/dNet acreage(3): 614,000Total Employees: 996PennsylvaniaAppalachiaWestVirginiaEast Texas / North LouisianaPermianTexasLouisiana EXCO Headquarters – Dallas, TX EXCO Field OfficeThe reserve and acreage estimates are pro forma for 50% of the Chief acquisition and other pending Appalachian acquisition, both effective as of 12/31/10 using the management price deck, adjusted for differentials and excluding hedge effectsAverage production for the week ended 1/5/11, pro forma for 50% of the Chief acquisition and other pending Appalachian acquisition(3) Haynesville and Marcellus acreage is net to EXCO’s interest in the JVs; assumes BG Group exercises their option to purchase 50% of recently acquired acreage

5. Our A&D Program has been the Cornerstone of our Growth StrategyAcquisitions:~$1.1 Billion~$276 Million~$5.1 BillionNorth Coast Energy

6. Oak Hill

7. MidEast

8. TXOK

9. Winchester Energy

10. Anadarko (Vernon & Mid-Continent)

11. EOG (PA)

12. Common Resources

13. Southwestern Energy (Shelby)

14. Chief/Pending Appalachia Acquisition

15. Central Resources

16. Addison Energy (Canada)

17. PrimeWest (Canada)

18. Devon (Canada)Entered AppalachiaEnteredETX/NLAShifted focus to shale development2010200320061997Management gains control of publicly held EXCO (NASDAQ); $38 million equity raise in 1998EXCO privatization ($348 million buyout)EXCO $662.2 million NYSE IPODoug Miller offers to take private at $20.50/share Dispositions:~$440 MillionN/A~$3.2 BillionRockies Wattenberg

19. Encore (Mid-Continent & ETX)

20. Sheridan Holding Company I (Mid-Continent)

21. EV Energy Partners(Ohio)

22. BG Group JV (ETX/NLA)

23. BG Group JV (Appalachia)

24. Canadian Assets2010 Accomplishments Demonstrate EXCO’s Commitment to ShalesIncreased production by 33% in 2010

25. Driven by ~150% increase from the Haynesville

26. Haynesville Shale proving to be EXCO’s primary driver for organic growth

27. Development drilling success in ETX/NLA gives us the ability to book proved reserves on 80-acre spacing in core DeSoto Parish area

28. Ramped up Haynesville development and bolstered core position

29. Increased operated rigs from 1 in Q4 2008 to 22 today

30. Established second core position through two acquisitions completed in mid-2010

31. Completed $940(1) million Appalachia JV with BG Group PLCNet Production Profile(2)Pro forma Q4 2009 to Q4 2010 production growth of 70%

32. During 2010 total net production grew from 212 Mmcfe/d to 389 Mmcfe/d

33. Replaced 576% of productionSubject to final adjustments in 2011Exit rates; YE 2010 and full year 2011 are pro forma for 50% of Chief acquisition and 50% of other pending Appalachia acquisition

34. Major Stakeholder in North LouisianaEconomic impact to North Louisiana ~$500 million in 2011Haynesville development is our main activity area as a result ofPerformance as we are exceeding economic hurdles in core areas, even in low commodity price environmentExisting infrastructure and access to multiple marketsMarcellus development is progressingTechnical understanding of the Marcellus shale play is rapidly improvingSize and breadth of the play demands additional analysis to identify core areasLarge amount of HBP acreage allows time for deliberate pace of developmentPermian development ongoingSuperior returns driven by liquids contentGood infrastructure and market access2011 Capital Budget by Category>85% spending on shales in 2011$976 million E&P CAPEX request does not include midstream CAPEX of $212 million net to EXCO ($119 million related to TGGT and $93 million related to Appalachia midstream). TGGT midstream projects to be internally funded by credit facility at TGGT. In addition, expect to receive $73 million of reimbursements from BG Group.

35. Current Environmental, Health and Safety Issues and InitiativesGreen House Gas (GHG)EPA passed new regulation requiring recordkeeping and reporting for GHG emissions within the Oil & Gas industry; recordkeeping in 2011 and reporting in 2012Fracture StimulationEPA fracing study to be completed by 2012Fracture Stimulation ChemicalsFrac companies are currently sharing chemical data with the EPAEXCO supports frac companies sharing their information with the publicMaterial Safety Data Sheets (MSDS) available at all locationsSafety and Community Outreach Wild Well Control Consultants – study to implement simultaneous operationsSmalley Foundation – local emergency responder trainingEXCO Scholarship Program Support local infrastructure improvements

36. Locally Produced Fuel to Support U.S. Energy IndependenceDedication to Louisiana’s community & environment through green initiativesCNG DevelopmentsEXCO constructed CNG fueling station in Jackson Parish, LAUpon completion in 2009, was the first CNG station built in Louisiana over the previous 10 years40+ vehicles converted to CNG as of April 2011

37. Cleaner burning, locally produced fuel

38. State tax incentives promote and justify the capital intensive process of building CNG stations and converting vehicles Ground Water DevelopmentsProviding funding to LSU Shreveport for study of ground water

39. Extension of Water Quality Study of Carrizo-Wilcox, Red River Alluvial and Other Aquifers in Bossier, Caddo and De Soto Parishes for Methane and Volatile Organic Compounds (VOCs)

40. On our wells we set an extra casing string (16” @ 450’) to protect aquifers

41. Have drilled 9 wells to monitor water contentInnovative Water Sourcing SystemAlliance with International Paper (IP) to obtain and reuse processed waterEnvironmental and Reputational ChallengesFracing a typical horizontal shale gas well requires an average of 4.5 million gallons of water per wellConcerns due to the large volumes of water required for drilling and hydraulic fracturingPublic interest resulting in the Carbon Disclosure Project’s Water Questionnaire in 2010 Environmental and Reputational BenefitsIP water reused Eliminates most fresh water demandsMinimizes fleet traffic, eliminating ~150 truckloads per day previously required for frac operationsEXCO is the only company with this specific sourcing strategy SolutionsPioneered a water sourcing and usage strategy for fracture stimulation operations that utilizes effluent water from IP’s Mansfield, LA paper millProvides water for 100% of future EXCO well completions in the Holly areaSecured 100 million bbls of waste water over 12 years; can sell surplus water to third parties for similar useGrowth Vehicle Driving EXCO’s Future~50% of 2011 CAPEX focused on North Louisiana shaleHolly Area16 rigs drilling187 Mmcfe/d (1); 48% of EXCO’s total net productionShelby Area6 rigs drillingWaskom/Other ETX AreaNo rigs drillingVernon AreaNo rigs drilling67 Mmcfe/d (1); 17% of EXCO’s total net productionWaskomVernonOther East TXHollyShelbyActively seeking additional acreage in Holly and Shelby areas and increasing ownership interest in existing acreage positions 152,000 net acres in ETX/NLA with 76,000 net acres of Haynesville/Bossier shale potential

42. 65% of EXCO’s production is from Louisiana Average production for the week ended 12/29/10

43. Third Largest Onshore Producer in LouisianaIndustry leading experiencewith ~150% increase in production in one year

44. Midstream Access Allows Timely Well Hook-UpsOutlet to 22 downstream interconnectsTGGT Holdings

45. Midstream equity company with 50% BG ownership headquartered in Dallas

46. TGGT owns and operates

47. TGG pipelines and facilities

48. Over 150 miles of pipeline

49. 22 existing/planned downstream interconnects

50. Talco gas gathering system

51. Over 800 miles of pipeline

52. Current throughput of ~1.4 Bcd/d

53. 70% equity ownership of throughputTGGT System HollyMid Cycle

54. Focus on well hookups

55. Minor expansionsLegacy TGGTOptimize System

56. Emphasis on 3rd partyShelbyEarly Cycle

57. Building header

58. Building facilities

59. Formulate takeaway plansCurrent Industry Trends Affecting SupplyIndustry Trend Timeline2007 – 2009 Land leasing rush and a high level of drilling to hold acreage

60. 2009 – 2010 Debt and equity raised by industry to fund drilling coupled with relatively high level of hedgingShortage of fracture stimulation fleets and sand2010 – Current Shift to liquids rich plays that have associated gasDeepwater Horizon led to a loss of offshore jobs; presented opportunity for shale operators to add talented people

61. Impact of North American Shale ProductionUS Prod. – Shales as % of Total Gas25% of the total U.S. natural gas produced in 2010 was from shale playsRelatively low-priced supplies now make natural gas a highly competitive alternative to nuclear and coal fired power generation Companies continuing drilling in order to hold leased acreage

62. Temporarily creating additional demand for horizontal rigs even in uneconomic areasHaynesville Shale Production Surpasses Barnett ShaleMost productive gas formation in the U.S.Source: Robert Hutchinson; HaynesvilleShalePlay.comHaynesville production of 5.5 Bcf/d surpassed Barnett production of 5.2 Bcf/d as of March 25, 2011

63. Haynesville Shale ActivityDriven by economics and availability Haynesville leasing activity decliningMinimal Louisiana core acreage availableLeasing in other Haynesville Shale areas such as in Shelby and San Augustine counties in East Texas remain activeSome competitors shifting from Haynesville Shale developmentCore acreage proven more limited than originally predictedOperators outside core acreage remain unable to attain acceptable returns in the current low price environment Following the rush to HBP shale acreage, operators are now shifting development to liquid rich playsDelineation of Haynesville shale play continuesInitial estimates of the size of the play totaled approximately 6.0 million acresCurrent data indicates the core area encompasses less than 1 million acresSource: Oil and Gas Investor; March 2011

64. Louisiana Rig CountImpacted by low natural gas price environmentImpacts of low gas price environmentHaynesville Shale experienced largest absolute rig count decline since October 2010EXCO currently operates the second largest rig fleet in the Haynesville/Bossier areaCurrent industry average 6 to 1 well completion to rig ratio in LouisianaEXCO maintains a tighter well completion to rig ratio of 1 to 1 Source: Rig Data, Tudor Pickering Holt

65. Haynesville Well Costs and Rate of ReturnEXCO’s continued success in our Haynesville Shale programRequires strategic cost management in our development areasWells remain economic Expected average 2011 well cost of $9.25 million Identified Haynesville Shale coreCommenced 80 acre spacing, multi-well pad manufacturing program in HollyAcquired second core position in Shelby area; have seen strong initial results in both Haynesville and Bossier~50% of capital for 2011 remains focused on additional shale development in LouisianaXCO Core Desoto / Shelby Asset locationsIndustry average of 800+ Haynesville wells

66. Haynesville Impact to Louisiana(1)Significant wealth creation for land and mineral owners through royalty checks and acreage leasingLowered the financial impact of the national recession in Louisiana Increased tax revenue to support education, health care, and infrastructure development, among other needsSource: The Times-Picayune; “Haynesville Natural Gas Field is the Most Productive in the U.S.”; Mark Schleifstein

67. EXCO Resources, Inc.A bright future with Louisiana EXCO continues to be successful in Louisiana shale developmentWe believe EXCO is well positioned in core areas and is a premier operator in the Haynesville ShalePioneering new environmental initiativesContinued growth through shale development drilling and strategic acquisitionsFocus on continued Hayneville/Bossier shale developmentSignificant taxpayer and employer in the state of Louisiana