Addison Energy Inc.

Transaction Type
Marketers
Post Date
Estimated Price
MM
Description

NEW, Addison Energy Inc., a wholly owned subsidiary of Exco Resources Inc., has retained Waterous & Co. to explore strategic alternatives regarding Addison that may include the sale of the company. Addison's assets are concentrated in central Alberta and 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 reserve life index is 11.7 years. For more information, contact Rodrigo Sousa, 403-261-4226