Exco Resources head reports 5.6% ownership plus options

By Lisa Kerner

Charlotte, N.C., Oct. 23 - Exco Resources, Inc. investor Douglas H. Miller reported owning 5,871,489 shares, or 5.6%, of Exco common stock, as well as 1,308,750 underlying options exercisable within 60 days. Miller is also a director of the company and its chairman and chief executive officer.

The shares were acquired for investment purposes. However, Miller intends to "assess his investment in the issuer from time to time," according to a schedule 13D filing with the Securities and Exchange Commission.

Miller may discuss Exco's business with shareholders, officers or directors of the company, including Exco's operating performance and strategic direction.

Dallas-based Exco is an oil and natural gas exploration, acquisition, development and production company.

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