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EXCO Resources Inc | September 2016 Investor Presentation | Hal Hickey | Page 14 of 11 | November 21, 2024

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14 EXCO’s Recent Results in North Louisiana • Standard length laterals drilled in Q2 2016 set company records, averaging 25 days from spud to rig release • Record low D&C cost of $5.8 mm/well for standard laterals • First three long laterals averaged 43 days with expected D&C cost of $8.5 mm/well • Long lateral program will be drilled with rigs that have 7,500 psi rated pumps to improve rate of penetration • EXCO’s first three long laterals with ~2,700 lbs./ft. have IP’d ~21 Mmcf/d with ~7,900 psi flowing pressure, exceeding the company’s expectations • Larger completion designs with 2,700 lbs./ft. are demonstrating breakthroughs in well performance • Current type curve IP is 16 Mmcf/d • Wells are guided to 20-25 psi/d pressure drop Key Takeaways 3 Key Takeaways 4 NLA Drilling Days Versus Depth 16; ft, Days 1 Cumulative Gas vs. Time 16; Cumulative Production, Days 2 0 5,000 10,000 15,000 20,000 0 10 20 30 40 50 Well A Well B Well C Standard Lateral AFE Well D Well E Well F Long Lateral AFE Standard Average: 25.0 days Long Average: 42.7 days 1 1. One cross-unit long lateral well experienced an exceptionally high number of MWD failures resulting in additional time on location. 0 100,000 200,000 300,000 400,000 500,000 0 5 10 15 20 25 30