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  "documentTitle": "PJT Partners | Investment Banking Pitch Book | 23 slides",
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  "authorName": "PJT Partners",
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  "notes": "Slide 14 of a deck, dated November 2017.",
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      "text": "Improved drilling and completion techniques in Bossier could increase EURs and drilling locations.",
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      "text": "EXCO has approximately 30,000 net acres in the Bossier formation in DeSoto Parish with 167 gross operated locations / 132 OBO locations\n3P+ net reserves of 900 Bcf\nCurrently EXCO has 5 producing wells in NLA in the Mid-Bossier; 4 EXCO operated, 1 Operated by Other (OBO)\n2017 vintage Bossier well (Norris 1-12) with largest completion design to date combined with a longer lateral IP'd 13 MMCFD and has CUM'd 1.2 Bcf in under five months; EXCO's best Bossier well to date\nThe current appraisal program is designed to achieve further breakthroughs in performance by refining landing zone and completion design\nThe thickness of the Middle Bossier interval could provide a compelling staggered lateral development approach and yield additional gross locations",
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