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Monday, November 1, 2010

Who Is Next After EXCO?

EXCO (XCO) has received a $20.50/share offer from its management. XCO has interest in two of hottest natural gas plays in the U.S.: The Haynesville Shale and the Marcellus Shale. Below is a list of companies also involved in these hot E&P plays. They are performing real well this morning on hopes that bids may develop for them:

Haynesville Shale:
CHK HK SWN GMXR CRK GDP SM FST EOG

Marcellus Shale:
CHK EOG RRC PVA SWN COG EQT

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