TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Exco Resources to cut 70 workers in Marshall

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

XCO $6.45 -$0.01

at close on THURSDAY

Daily Photo Galleries

By Sam Spatter
Friday, Feb. 15, 2013, 12:01 a.m.
 

Exco Resources LLC, a Dallas-based natural gas and oil exploration company, will transfer about 35 employees to its Dallas office and lay off 35 at its Keystone Summit location in Marshall by April 5, the company said in a filing.

“Exco is relocating some of its Pennsylvania employees to its corporate headquarters in Dallas, and some employees are being released as part of a reduction in force in Pennsylvania,” said Exco spokeswoman Heather L. Lamparter.

She declined to say how many employees remained at the Marshall offices.

The changes in the Marshall office are in response to Exco's reduction in certain activity caused by the low natural gas prices, she said. The Appalachian Basin and the Marcellus (shale) remain a key focus area for Exco's future development, she said.

Subscribe today! Click here for our subscription offers.

 

 
 


Show commenting policy

Most-Read Stories

  1. LaBar: Is Brock Lesnar leaving WWE again?
  2. Rossi: Fitting in will be Kang’s biggest hurdle
  3. Power play shines in Penguins’ home victory over Blue Jackets
  4. Shale drilling boom a bust for some Western Pennsylvania towns
  5. McCandless site set for Wal-Mart supercenter store
  6. Teacher conduct under spotlight in Pennsylvania
  7. Pirates starting pitcher Worley is in right place, right time with team
  8. Penguins notebook: Pouliot dazzles in victory over Blue Jackets
  9. Natural gas royalties lawsuit hinges on transaction date
  10. Link to Sept. 11 motivated new chief of nonprofit Friends of Flight 93
  11. ALICE program aims to protect students from active shooter in school