Addison Energy Inc.

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Addison Energy Inc., a subsidiary of Exco Resources Inc., has retained Waterous & Co. to explore strategic alternatives that may include the sale of Addison. Addison's assets are in central Alberta in Pine Creek. September 2004 production was 10,350 barrels of oil equivalent per day (62% gas), total proved reserves are 56 million barrels of oil equivalent and the reservelife index is 11.7 years. For more information, contact Rodrigo Sousa, 403-261-4226