Exhibit 99.1
EXCO Reserve Summary |
Based upon the Company’s Business Plan, an estimate of the unrisked reserve values are summarized below. |
EXCO Resources Reserves Summary | |||||||
RSV_CLASS/RSV_CAT | Gross Well Count | Net Remaining Reserves (MMCFE) | NPV-10% ($M) | ||||
PROVED | 2,227 | 1,972,731 | $ | 1,117,858 | |||
1PDP | 1,311 | 696,954 | 728,842 | ||||
2PNP | 5 | 4,123 | 964 | ||||
2PBP | 2 | 2,250 | 905 | ||||
4PUD | 909 | 1,269,404 | 387,147 | ||||
PROBABLE | 112 | 232,265 | 36,368 | ||||
POSSIBLE | 1,996 | 1,697,390 | 189,708 | ||||
CONTINGENT | 1,059 | 8,138,247 | 1,872,691 | ||||
Grand Total | 5,394 | 12,040,633 | $ | 3,216,624 |
Note:
• | Based on strip pricing as of 8/17/18. Assumes effective date of 7/1/18. |
• | Reserve quantities and values are based on EXCO internal valuation |
• | Contingent resources are those quantities of hydrocarbons estimated, as of a given date, to be potentially recoverable from known accumulations where evaluation of the accumulation is insufficient to clearly assess commerciality |