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An independent oil and natural gas company engaged in the acquisition, development and exploitation of onshore North American oil and natural gas properties.
Natural gas rig counts are back on the rise despite the industry being awash in reserves and prices at their lowest levels in a decade. There's nothing to suggest a turnaround is on the horizon, so EXCO, despite cutting back the number of its own rigs in service, will not receive an help from the industry.
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