Oil and gas company Exco Resources Inc (XCO.N) said it received $230 million from its joint venture partner BG Group (BG.L) for 50 percent of Marcellus shale assets it recently acquired. Exco bought the properties for $459.4 million in December from Chief Oil & Gas. British gas producer BG Group had the right to buy 50 percent of the assets. [ID:nSGE6BK0BG] Dallas-based Exco used the proceeds from the sale to repay part of a loan, it said in a statement.
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