Home > Insider Trading > Latest 13D and 13G Filings > 13D Filing (0001104659-17-038423)

Filing Details

Accession Number:: 0001104659-17-038423
Form Type:: 13D Filing
Publication Date:: 2017-06-09 16:23:08

Filed By:: Fairfax Financial Holdings
Company:: Exco Resources Inc (NYSE:XCOOQ)
Filing Date:: 2017-06-09
SEC Url:: 13D Filing

Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name	Shared Voting Power	Shared Dispositive Power	Aggregate Amount Owned Power	Percent of Class
V. PREM WATSA	215,846,379	215,846,379	215,846,379	45.8%
1109519 ONTARIO LIMITED	215,787,979	215,787,979	215,787,979	45.8%
THE SIXTY TWO INVESTMENT COMPANY LIMITED	215,787,979	215,787,979	215,787,979	45.8%
810679 ONTARIO LIMITED	215,846,379	215,846,379	215,846,379	45.8%
FAIRFAX FINANCIAL HOLDINGS LIMITED	215,787,979	215,787,979	215,787,979	45.8%
FFHL GROUP LTD	194,851,585	194,851,585	194,851,585	41.3%
RIVERSTONE HOLDINGS LIMITED	1,608,565	1,608,565	1,608,565	0.3%
RIVERSTONE INSURANCE LIMITED	1,608,565	1,608,565	1,608,565	0.3%
FAIRFAX (US) INC	100,467,690	100,467,690	100,467,690	21.3%
ZENITH NATIONAL INSURANCE CORP	9,104,332	9,104,332	9,104,332	1.9%
ZENITH INSURANCE COMPANY (U.S. entity)	9,104,332	9,104,332	9,104,332	1.9%
TIG INSURANCE COMPANY	16,123,465	16,123,465	16,123,465	3.4%
ODYSSEY US HOLDINGS INC	73,449,933	73,449,933	73,449,933	15.6%
ODYSSEY RE HOLDINGS CORP	73,449,933	73,449,933	73,449,933	15.6%
ODYSSEY REINSURANCE COMPANY	73,449,933	73,449,933	73,449,933	15.6%
CLEARWATER SELECT INSURANCE COMPANY	13,016,647	13,016,647	13,016,647	2.8%
NEWLINE HOLDINGS UK LIMITED	6,108,778	6,108,778	6,108,778	1.3%
NEWLINE CORPORATE NAME LIMITED	6,108,778	6,108,778	6,108,778	1.3%
CRUM FORSTER HOLDINGS CORP	1,789,960	1,789,960	1,789,960	0.4%
UNITED STATES FIRE INSURANCE COMPANY	1,789,960	1,789,960	1,789,960	0.4%
ADVENT CAPITAL (HOLDINGS) LTD	8,722,507	8,722,507	8,722,507	1.8%
ADVENT CAPITAL (NO	8,722,507	8,722,507	8,722,507	1.8%
NORTHBRIDGE FINANCIAL CORPORATION	51,726,899	51,726,899	51,726,899	11.0%
FEDERATED INSURANCE COMPANY OF CANADA	9,651,572	9,651,572	9,651,572	2.0%
NORTHBRIDGE GENERAL INSURANCE CORPORATION	42,075,327	42,075,327	42,075,327	8.9%
NORTHBRIDGE PERSONAL INSURANCE CORPORATION	1,884,169	1,884,169	1,884,169	0.4%
ZENITH INSURANCE COMPANY (Canadian entity)	518,147	518,147	518,147	0.1%
BRIT LIMITED	27,182,231	27,182,231	27,182,231	5.8%
BRIT INSURANCE HOLDINGS LIMITED	27,182,231	27,182,231	27,182,231	5.8%
BRIT SYNDICATES LIMITED	22,477,047	22,477,047	22,477,047	4.8%
BRIT INSURANCE (GIBRALTAR) PCC LIMITED	4,705,184	4,705,184	4,705,184	1.0%
FAIRFAX (BARBADOS) INTERNATIONAL CORP	13,866,200	13,866,200	13,866,200	2.9%
TIG INSURANCE (BARBADOS) LIMITED	235,521	235,521	235,521	0.0%
WENTWORTH INSURANCE COMPANY LTD	13,630,679	13,630,679	13,630,679	2.9%

Filing

	SECURITIES AND EXCHANGE COMMISSION
	Washington, D.C. 20549

	SCHEDULE 13D

Under the Securities Exchange Act of 1934

EXCO Resources, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

269279402

(CUSIP Number)

Paul Rivett

President

Fairfax Financial Holdings Limited

95 Wellington Street West, Suite 800

Toronto, Ontario, Canada, M5J 2N7

Telephone: (416) 367-4941

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

- With a copy to -

Jason R. Lehner

Shearman & Sterling LLP

Commerce Court West

199 Bay Street, Suite 4405

Toronto, Ontario M5L 1E8

Telephone (416) 360-8484

May 31, 2017

(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box o.

* The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) V. PREM WATSA

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization CANADIAN

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 215,846,379

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 215,846,379

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 215,846,379

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 45.8%*

	14	Type of Reporting Person IN

* Based upon information provided in EXCOs Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2017 (the Form 10-Q), EXCO had 283,412,228 shares of Common Stock outstanding. All calculations of percentage ownership in this Schedule 13D are based on a total of 471,661,295 shares of Common Stock outstanding, which is the sum of (a) 283,412,228 shares of Common Stock as set forth in the Form 10-Q plus (b) 188,249,067 shares of Common Stock, representing all of the Fairfax Warrants deemed to be outstanding for the purpose of calculating percentage ownership.

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) 1109519 ONTARIO LIMITED

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization ONTARIO, CANADA

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 215,787,979

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 215,787,979

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 215,787,979

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 45.8%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) THE SIXTY TWO INVESTMENT COMPANY LIMITED

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization BRITISH COLUMBIA, CANADA

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 215,787,979

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 215,787,979

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 215,787,979

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 45.8%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) 810679 ONTARIO LIMITED

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization ONTARIO, CANADA

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 215,846,379

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 215,846,379

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 215,846,379

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 45.8%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) FAIRFAX FINANCIAL HOLDINGS LIMITED

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization CANADA

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 215,787,979

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 215,787,979

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 215,787,979

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 45.8%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) FFHL GROUP LTD.

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization CANADA

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 194,851,585

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 194,851,585

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 194,851,585

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 41.3%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) RIVERSTONE HOLDINGS LIMITED

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization ENGLAND AND WALES

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 1,608,565

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 1,608,565

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 1,608,565

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 0.3%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) RIVERSTONE INSURANCE LIMITED

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization ENGLAND AND WALES

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 1,608,565

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 1,608,565

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 1,608,565

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 0.3%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) FAIRFAX (US) INC.

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 100,467,690

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 100,467,690

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 100,467,690

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 21.3%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) ZENITH NATIONAL INSURANCE CORP.

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 9,104,332

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 9,104,332

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 9,104,332

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 1.9%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) ZENITH INSURANCE COMPANY (U.S. entity)

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization CALIFORNIA

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 9,104,332

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 9,104,332

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 9,104,332

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 1.9%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) TIG INSURANCE COMPANY

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization CALIFORNIA

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 16,123,465

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 16,123,465

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 16,123,465

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 3.4%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) ODYSSEY US HOLDINGS INC.

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 73,449,933

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 73,449,933

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 73,449,933

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 15.6%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) ODYSSEY RE HOLDINGS CORP.

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 73,449,933

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 73,449,933

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 73,449,933

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 15.6%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) ODYSSEY REINSURANCE COMPANY

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization CONNECTICUT

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 73,449,933

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 73,449,933

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 73,449,933

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 15.6%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) CLEARWATER SELECT INSURANCE COMPANY

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization CONNECTICUT

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 13,016,647

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 13,016,647

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 13,016,647

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 2.8%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) NEWLINE HOLDINGS UK LIMITED

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization ENGLAND AND WALES

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 6,108,778

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 6,108,778

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 6,108,778

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 1.3%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) NEWLINE CORPORATE NAME LIMITED

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization ENGLAND AND WALES

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 6,108,778

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 6,108,778

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 6,108,778

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 1.3%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) CRUM & FORSTER HOLDINGS CORP.

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 1,789,960

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 1,789,960

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 1,789,960

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 0.4%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) UNITED STATES FIRE INSURANCE COMPANY

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 1,789,960

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 1,789,960

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 1,789,960

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 0.4%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) ADVENT CAPITAL (HOLDINGS) LTD.

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization ENGLAND AND WALES

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 8,722,507

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 8,722,507

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 8,722,507

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 1.8%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) ADVENT CAPITAL (NO. 3) LTD

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization ENGLAND AND WALES

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 8,722,507

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 8,722,507

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 8,722,507

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 1.8%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) NORTHBRIDGE FINANCIAL CORPORATION

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization CANADA

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 51,726,899

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 51,726,899

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 51,726,899

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 11.0%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) FEDERATED INSURANCE COMPANY OF CANADA

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization CANADA

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 9,651,572

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 9,651,572

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 9,651,572

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 2.0%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) NORTHBRIDGE GENERAL INSURANCE CORPORATION

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization CANADA

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 42,075,327

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 42,075,327

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 42,075,327

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 8.9%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) NORTHBRIDGE PERSONAL INSURANCE CORPORATION

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization CANADA

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 1,884,169

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 1,884,169

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 1,884,169

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 0.4%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) ZENITH INSURANCE COMPANY (Canadian entity)

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization CANADA

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 518,147

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 518,147

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 518,147

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 0.1%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) BRIT LIMITED

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization ENGLAND AND WALES

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 27,182,231

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 27,182,231

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 27,182,231

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 5.8%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) BRIT INSURANCE HOLDINGS LIMITED

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization ENGLAND AND WALES

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 27,182,231

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 27,182,231

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 27,182,231

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 5.8%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) BRIT SYNDICATES LIMITED

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization ENGLAND AND WALES

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 22,477,047

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 22,477,047

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 22,477,047

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 4.8%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) BRIT INSURANCE (GIBRALTAR) PCC LIMITED

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization ENGLAND AND WALES

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 4,705,184

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 4,705,184

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 4,705,184

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 1.0%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) FAIRFAX (BARBADOS) INTERNATIONAL CORP.

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization BARBADOS

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 13,866,200

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 13,866,200

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 13,866,200

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 2.9%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) TIG INSURANCE (BARBADOS) LIMITED

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization BARBADOS

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 235,521

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 235,521

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 235,521

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 0.0%

	14	Type of Reporting Person CO

CUSIP No. 269279402						13D

	1	Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) WENTWORTH INSURANCE COMPANY LTD.

	2	Check the Appropriate Box if a Member of a Group
		(a)			o
		(b)			x

	3	SEC Use Only

	4	Source of Funds OO

	5	Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e). o

	6	Citizenship or Place of Organization BARBADOS

Number of Shares Beneficially Owned by Each Reporting Person With			7	Sole Voting Power 0

			8	Shared Voting Power 13,630,679

			9	Sole Dispositive Power 0

			10	Shared Dispositive Power 13,630,679

	11	Aggregate Amount Beneficially Owned by Each Reporting Person 13,630,679

	12	Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares o

	13	Percent of Class Represented by Amount in Row (11) 2.9%

	14	Type of Reporting Person CO

Item 1. Security and Issuer.

The class of securities to which this statement relates is the Common Stock of EXCO Resources, Inc. (EXCO), par value $0.001 per share (the Common Stock). The address of the principal executive office of EXCO is 12377 Merit Drive, Suite 1700 LB 82, Dallas, Texas 75251.

Item 2. Identity and Background.

This statement is being jointly filed by the following persons (collectively, the Reporting Persons):

1. V. Prem Watsa, an individual, is a citizen of Canada and is the Chairman and Chief Executive Officer of Fairfax Financial Holdings Limited. Mr. Watsas business address is 95 Wellington Street West, Suite 800, Toronto, Ontario M5J 2N7;

2. 1109519 Ontario Limited (1109519), a corporation incorporated under the laws of Ontario, is controlled by V. Prem Watsa. The principal business of 1109519 is as an investment holding company. The principal business address and principal office address of 1109519 is 95 Wellington Street West, Suite 800, Toronto, Ontario M5J 2N7;

3. The Sixty Two Investment Company Limited (Sixty Two), a corporation incorporated under the laws of British Columbia, is controlled by V. Prem Watsa. The principal business of Sixty Two is as an investment holding company. The principal business address and principal office address of Sixty Two is 1600 Cathedral Place, 925 West Georgia St., Vancouver, British Columbia V6C 3L3;

4. 810679 Ontario Limited (810679), a corporation incorporated under the laws of Ontario, is controlled by V. Prem Watsa. The principal business of 810679 is as an investment holding company. The principal business address and principal office address of 810679 is 95 Wellington Street West, Suite 800, Toronto, Ontario M5J 2N7;

5. Fairfax Financial Holdings Limited (Fairfax and, together with its subsidiaries, the Fairfax Group of Companies), a corporation incorporated under the laws of Canada, is controlled by V. Prem Watsa. Fairfax is a financial services holding company. The principal business address and principal office address of Fairfax is 95 Wellington Street West, Suite 800, Toronto, Ontario M5J 2N7;

6. FFHL Group Ltd. (FFHL), a corporation incorporated under the laws of Canada, is a holding company. The principal business and principal office address of FFHL is 95 Wellington Street West, Suite 800, Toronto, Ontario, Canada, M5J 2N7;

7. RiverStone Holdings Limited (RiverStone Holdings), a company incorporated under the laws of England and Wales, is a holding company. The principal business address and

principal office address of RiverStone Holdings is 161-163 Preston Road, Brighton, BN1 6AU, England;

8. RiverStone Insurance Limited (RiverStone), a company incorporated under the laws of England and Wales, is an insurance and reinsurance company. The principal business address and principal office address of RiverStone is 161-163 Preston Road, Brighton, BN1 6AU, England;

9. Fairfax (US) Inc. (Fairfax US), a corporation incorporated under the laws of Delaware, is a holding company. The principal business address and principal office address of Fairfax US is 2850 Lake Vista Drive, Suite 150, Lewisville, Texas 75067;

10. Zenith National Insurance Corp. (ZNIC), a corporation incorporated under the laws of Delaware, is a holding company. The principal business and principal office address of ZNIC is 21255 Califa Street, Woodland Hills, California 91367-5021;

11. Zenith Insurance Company (U.S. entity) (Zenith US), a corporation incorporated under the laws of California, is a workers compensation insurance company. The principal business address and principal office address of Zenith US is 21255 Califa Street, Woodland Hills, California 91367-5021;

12. TIG Insurance Company (TIG), a corporation incorporated under the laws of California, is a property/casualty insurance company. The principal business and principal office address of TIG is 250 Commercial Street, Suite 5000, Manchester, New Hampshire 03101;

13. Odyssey US Holdings Inc. (Odyssey), a corporation incorporated under the laws of Delaware, is a holding company. The principal business and principal office address of Odyssey is 300 First Stamford Place, Stamford, Connecticut 06902;

14. Odyssey Re Holdings Corp. (Odyssey Re), a corporation incorporated under the laws of Delaware, is a holding company. The principal business and principal office address of Odyssey Re is 300 First Stamford Place, Stamford, Connecticut 06902;

15. Odyssey Reinsurance Company (Odyssey Reinsurance), a corporation incorporated under the laws of Connecticut, is a reinsurance company. The principal business address and principal office address of Odyssey Reinsurance is 300 First Stamford Place, Stamford, Connecticut 06902;

16. Clearwater Select Insurance Company (Clearwater Select), a corporation incorporated under the laws of Connecticut, is a reinsurance company. The principal business address and principal office address of Clearwater Select is 300 First Stamford Place, Stamford, Connecticut 06902;

17. Newline Holdings UK Limited (Newline UK), a company incorporated under the laws of England and Wales, is a holding company. The principal business address and

principal office address of Newline UK is Corn Exchange, 55 Mark Lane, London EC3R 7NE England;

18. Newline Corporate Name Limited (Newline), a company incorporated under the laws of England and Wales, is a corporate member of Lloyds (and the sole capital provider to Newline Syndicate 1218 at Lloyds). The principal business address and principal office address of Newline is Corn Exchange, 55 Mark Lane, London EC3R 7NE England;

19. Crum & Forster Holdings Corp. (Crum & Forster), a corporation incorporated under the laws of Delaware, is a holding company. The principal business and principal office address of Crum & Forster is 305 Madison Avenue, Morristown, New Jersey 07962;

20. United States Fire Insurance Company (US Fire), a corporation incorporated under the laws of Delaware, is a property/casualty insurance company. The principal business and principal office address of US Fire is 305 Madison Ave., Morristown, New Jersey 07962;

21. Advent Capital (Holdings) LTD. (Advent), a company incorporated under the laws of England and Wales, is a holding company. The principal business address and principal office address of Advent is 2 Minster Court, Mincing Lane, London EC3R 7BB, England;

22. Advent Capital (No. 3) Ltd (Advent No. 3), a company incorporated under the laws of England and Wales, is a corporate member of Lloyds. The principal business address and principal office address of Advent No. 3 is 2 Minster Court, Mincing Lane, London EC3R 7BB, England;

23. Northbridge Financial Corporation (NFC), a corporation incorporated under the laws of Canada, is a holding company. The principal business address and principal office address of NFC is 105 Adelaide Street West, 7th Floor, Toronto, Ontario M5H 1P9;

24. Federated Insurance Company of Canada (Federated), a corporation incorporated under the laws of Canada, is a property/casualty insurance company. The principal business and principal office address of Federated is 255 Commerce Drive, PO Box 5800, Winnipeg MB R3C 3C9;

25. Northbridge General Insurance Corporation (Northbridge General), a corporation incorporated under the laws of Canada, is a property/casualty insurance company. The principal business address and principal office address of Northbridge General is 105 Adelaide Street West, 3rd Floor, Toronto, Ontario M5H 1P9;

26. Northbridge Personal Insurance Corporation (Northbridge Personal), a corporation incorporated under the laws of Canada, is a property/casualty insurance company. The principal business address and principal office address of Northbridge Personal is 105 Adelaide Street West, 3rd Floor, Toronto, Ontario M5H 1P9;

27. Zenith Insurance Company (Canadian entity) (Zenith Canada), a corporation incorporated under the laws of Canada, is a property/casualty insurance company. The principal business address and principal office address of Zenith Canada is 105 Adelaide Street West, 3rd Floor, Toronto, Ontario M5H 1P9;

28. Brit Limited (Brit), a company incorporated under the laws of England and Wales, is a holding company. The principal business address and principal office address of Brit is The Leadenhall Building, 122 Leadenhall Street, London, EC3V 4AB, England;

29. Brit Insurance Holdings Limited (Brit Holdings), a company incorporated under the laws of England and Wales, is a holding company. The principal business address and principal office address of Brit Holdings is The Leadenhall Building, 122 Leadenhall Street, London, EC3V 4AB, England;

30. Brit Syndicates Limited (Brit Syndicates), a company incorporated under the laws of England and Wales, is a holding company. The principal business address and principal office address of Brit Syndicates is The Leadenhall Building, 122 Leadenhall Street, London, EC3V 4AB, England;

31. Brit Insurance (Gibraltar) PCC Limited (Brit Gibraltar), a company incorporated under the laws of Gibraltar, is a reinsurance company. The principal business address and principal office address of Brit Gibraltar is Suite 3C, Eurolife Building, 1 Corral Road, Gibraltar;

32. Fairfax (Barbados) International Corp. (FBIC), a corporation established under the laws of Barbados, is an investment holding company. The principal business and principal office address of FBIC is Worthing Corporate Centre, Worthing, Christ Church, Barbados BB15008;

33. TIG Insurance (Barbados) Limited (TIG Barbados), a corporation established under the laws of Barbados, is a reinsurance company. The principal business and principal office address of TIG Barbados is Pine Commercial Centre, #12 Pine Commercial, The Pine, St. Michael BB11103, Barbados; and

34. Wentworth Insurance Company Ltd. (Wentworth), a corporation established under the laws of Barbados, is a reinsurance company. The principal business and principal office address of Wentworth is Pine Commercial Centre, #12 Pine Commercial, The Pine, St. Michael BB11103, Barbados.

Neither the filing of this Schedule 13D nor the information contained herein shall be deemed to constitute an affirmation by V. Prem Watsa, 1109519, Sixty Two, 810679, Fairfax, FFHL, RiverStone Holdings, RiverStone, Fairfax US, ZNIC, Zenith US, TIG, Odyssey, Odyssey Re, Odyssey Reinsurance, Clearwater Select, Newline UK, Newline, Crum & Forster, US Fire, Advent, Advent No. 3, NFC, Federated, Northbridge General, Northbridge Personal, Zenith Canada, Brit, Brit Holdings, Brit Syndicates, Brit Gibraltar, FBIC, TIG Barbados or Wentworth that it is the beneficial owner of the Common Shares referred to herein for purposes of Section

13(d) of the Securities Exchange Act of 1934, as amended (the Exchange Act), or for any other purpose, and such beneficial ownership is expressly disclaimed.

The name, present principal occupation or employment and name, principal business and address of any corporation or other organization in which such employment is conducted and the citizenship of each director and executive officer of each of the Reporting Persons is set forth in Annex A, B, C, D, E, F, G, H, I, J, K, L, M, N, O, P, Q, R, S, T, U, V, W, X, Y, Z, AA, BB, CC, DD, EE, FF, and GG as the case may be, and such Annexes are incorporated herein by reference.

Pursuant to Rule 13d-1(k) under the Exchange Act, the Reporting Persons have agreed to file jointly one statement with respect to their ownership of the Common Shares.

During the last five years, none of the Reporting Persons, and to the best of each such Reporting Persons knowledge, none of the executive officers or directors of such Reporting Person have been (a) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (b) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

Item 3. Source and Amount of Funds or Other Consideration.

The source of funds for the purchase of the Common Stock beneficially owned by the Reporting Persons other than as described below in this Item 3 of Schedule 13D, was cash on hand from existing investment portfolios.

In connection with the purchase of the 1.5 Lien Notes, as described in Item 6 of this Schedule 13D, certain of the Reporting Persons received the Fairfax 1.5 Lien Notes Warrants and the Fairfax Commitment Fee Warrants.

In connection with the Second Lien Term Loan Exchange, as described in Item 6 of this Schedule 13D, certain of the Reporting Persons received the Fairfax Amendment Fee Warrants as a consent fee for agreeing to certain amendments to the agreements governing the Exchange Term Loan.

Item 4. Purpose of Transaction.

The Reporting Persons acquired the Common Stock for investment purposes. One or more entities within the Fairfax Group of Companies, including one or more of the Reporting Persons, may determine to purchase additional securities of EXCO in the open market or otherwise, depending upon price, market conditions, availability of funds, evaluation of alternative investments and other factors. While none of the Reporting Persons has any present plans to sell any Common Stock or other securities of EXCO, one or more of them could determine, based upon the same set of factors listed above with respect to purchases, to sell some or all of such securities. The Reporting Persons have no intention to effect any of the transactions specified in Item 4 of Schedule 13D.

Item 5. Interest in Securities of the Issuer.

(a) Based on the most recent information available, the aggregate number and percentage of the Common Stock (the securities identified pursuant to Item 1 of this Schedule 13D) that are beneficially owned by each of the Reporting Persons is set forth in boxes 11 and 13 of the second part of the cover page to this Schedule 13D for each of the Reporting Persons, and such information is incorporated herein by reference.

(b) Except as described below, the numbers of Common Stock as to which each of the Reporting Persons has sole voting power, shared voting power, sole dispositive power and shared dispositive power is set forth in boxes 7, 8, 9 and 10, respectively, on the second part of the cover page to this Schedule 13D for each of the Reporting Persons, and such information is incorporated herein by reference.

To the best knowledge of the Reporting Persons, the following person beneficially owns the following amount of Common Stock and has sole voting power and sole dispositive power with respect to such Common Stock:

David Bonham

1,000

(c) Except as described herein, none of the Reporting Persons, nor, to the best knowledge of the Reporting Persons, any person listed in Annex A, B, C, D, E, F, G, H, I, J, K, L, M, N, O, P, Q, R, S, T, U, V, W, X, Y, Z, AA, BB, CC, DD, EE, FF or GG beneficially owns, or has acquired or disposed of, any Common Stock during the last 60 days.

(d) No person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of Common Stock held by the Reporting Persons other than each of the Reporting Persons.

(e) Not applicable.

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

On March 15, 2017, EXCO entered into a series of agreements as described in the Current Report on Form 8-K filed by EXCO on that date (the Form 8-K, with capitalized terms used below not defined herein having the meanings ascribed to them in the Form 8-K), in connection with certain refinancing transactions. Pursuant to these refinancing transactions, EXCO issued to certain of the Reporting Persons warrants representing the right to purchase an aggregate 188,249,067 shares of Common Stock.

1.5 Lien Notes Offering

On March 15, 2017, EXCO entered into a Purchase Agreement, dated as of March 15, 2017 (the Note Purchase Agreement) by and among EXCO, the subsidiary guarantors named therein and certain of the Reporting Persons and other purchasers named therein (the Purchasers), pursuant to which EXCO issued for cash to the Purchasers $300.0 million in aggregate principal amount of 8.0% / 11.0% 1.5 Lien Senior Secured PIK Toggle Notes due 2022 (the 1.5 Lien Notes) in a private placement exempt from the registration requirements of the Securities Act of 1933, as amended. The Note Purchase Agreement contains customary representations and warranties by EXCO and the Purchasers and customary indemnification obligations of EXCO and the subsidiary guarantors named therein to the Purchasers. In connection with the issuance of the 1.5 Lien Notes, certain of the Reporting Persons were issued the right to purchase an aggregate of 162,365,599 shares of EXCOs common stock, par value $0.001 per share, at an exercise price of $0.93 per share (representing a 33.3% premium to the trailing 30-day volume weighted average price of the Common Stock ending on February 28, 2017) (the Fairfax 1.5 Lien Notes Warrants).

Backstop Commitment Fee Election Letter

On March 15, 2017, EXCO issued the Commitment Parties, including certain of the Reporting Persons, as parties who agreed to backstop the offering of the 1.5 Lien Notes, a backstop commitment fee of 3% of the aggregate principal amount of the 1.5 Lien Notes in the form of either (i) warrants representing the right to purchase an aggregate 6,471,433 shares of Common Stock at an exercise price of $0.01 per share (with the per share value of the Common Stock based on $0.70, which was the 30 day volume weighted average price of the Common Stock ending on February 28, 2017) or (ii) an aggregate of approximately $4.5 million in cash. The backstop commitment fee was paid in connection with a Backstop Commitment Fee Election Letter and Preemptive Right (each, a Backstop Fee Letter) with each of the Commitment Parties, pursuant to which the Commitment Parties each made an election to receive the backstop fee in the form of Commitment Fee Warrants or cash. Certain of the Reporting Persons received the right to purchase an aggregate of 6,471,433 shares of EXCOs common stock, par value $0.001 per share, at an exercise price of $0.93 per share (representing a 33.3% premium to the trailing 30-day volume weighted average price of the Common Stock ending on February 28, 2017) (the Fairfax Commitment Fee Warrants).

1.75 Lien Term Loan Credit Agreement

In connection with the offering of the 1.5 Lien Notes, on March 15, 2017, EXCO completed the Second Lien Term Loan Exchange pursuant to the Exchange Agreement. Under the terms of the Second Lien Term Loan Exchange, each exchanging Second Lien Term Loan lender received $1,000 in aggregate principal amount of 1.75 Lien Term Loans for every $1,000 in aggregate principal amount of Second Lien Term Loans tendered by such exchanging lender. In addition, EXCO issued the exchanging Second Lien Term Loan lenders, including certain of the Reporting Persons, at their election, either (i) warrants representing the right to purchase an aggregate 19,833,077 shares of Common Stock at an exercise price of $0.01 per share (the Amendment Fee Warrants) or (ii) approximately $8.6 million in cash as a consent fee for agreeing to certain amendments to the agreements governing the Exchange Term Loan. Certain of the Reporting Persons received Amendment Fee Warrants representing the right to purchase an aggregate of 19,412,035 shares of Common Stock (the Fairfax Amendment Fee Warrants).

In addition, pursuant to the terms of the Second Lien Term Loan Exchange, each exchanging lender of the Exchange Term Loan consented to the entry into an amendment to the agreement governing the Exchange Term Loan to eliminate substantially all of the covenants and events of default included therein (the Exchange Term Loan Amendment).

As part of the refinancing transactions, certain of the Reporting Persons entered into the 1.75 Lien Term Loan Credit Agreement with EXCO and other parties. Pursuant to the 1.75 Lien Term Loan Credit Agreement, interest accrues at a cash interest rate of 12.5% per annum and interest will be payable March 20, June 20, September 20 and December 20 of each year, commencing on June 20, 2017.

The Fairfax Warrants

The Fairfax 1.5 Lien Notes Warrants, Fairfax Commitment Fee Warrants and Fairfax Amendment Fee Warrants are collectively referred to as the Fairfax Warrants. The Fairfax Warrants represent the right to purchase 188,249,067 shares of Common Stock.

Subject to certain exceptions and limitations, the Fairfax Warrants may not be exercised if, as a result of such exercise, the beneficial ownership of such holder of such Fairfax Warrant or its affiliates and any other person subject to the aggregation with such holder or its affiliates under Section 13(d) and Section 14(d) of the Exchange Act would exceed the Beneficial Ownership Limitation.

Each of the Fairfax Warrants has an exercise term of 5 years from the date that the Requisite Shareholder Approval was obtained and may be exercised by cash or cashless exercise, provided that EXCO may require cashless exercise if the cash exercise of any Fairfax Warrant would negatively impact EXCOs ability to utilize net operating losses for U.S. federal income tax purposes.

The Fairfax Warrants are subject to an anti-dilution adjustment in the event that EXCO issues shares of Common Stock or Common Stock equivalents at an effective price per share less than the applicable exercise price of the Fairfax Warrants. In addition, the Fairfax Warrants are subject to customary anti-dilution adjustments in the event of stock splits, dividends, subdivisions, combinations, reclassifications and other similar events.

PIK Payments

Each of the Indenture governing the 1.5 Lien Notes and the 1.75 Lien Term Loan Credit Agreement allow EXCO, on the terms and conditions described therein, to make PIK interest payments on the 1.5 Lien Notes and the 1.75 Lien Term Loans, as applicable, in shares of Common Stock, or, in certain circumstances, additional 1.5 Lien Notes or 1.75 Lien Term Loans, as applicable.

Under the Indenture and the 1.75 Lien Term Loan Credit Agreement, the price of Common Stock for determining PIK payments is based on the trailing 20-day volume weighted average price as at the end of the Determination Date (as defined in the Indenture or the 1.75 Lien Term Loan Credit Agreement, as applicable). EXCOs ability to make PIK payments in Common Stock under the 1.5 Lien Notes and 1.75 Lien Term Loans is subject to various conditions, including the Beneficial Ownership Limitation.

Registration Rights Agreement

Simultaneously with the closing of the refinancing transactions, EXCO entered into the Registration Rights Agreement with certain of the Reporting Persons and other parties, pursuant to which EXCO agreed, upon certain terms and conditions, to register the resale of the Common Stock underlying the Fairfax Warrants by September 10, 2017. In addition, the Registration Rights Agreement provides certain incidental piggy-back registration rights, which generally allow the holders of the Fairfax Warrants to participate in registered offerings of EXCOs Common Stock that are initiated by EXCO or on behalf of other holders of EXCOs securities.

The foregoing descriptions of the Note Purchase Agreement, the Backstop Fee Letters, the Exchange Agreement, the 1.75 Term Loan Credit Agreement, the Exchange Term Loan Amendment, the Fairfax Warrants and the Registration Rights Agreement do not purport to be complete and are qualified in their entirety by reference to the Note Purchase Agreement, the Backstop Fee Letters, the Exchange Agreement, the 1.75 Term Loan Credit Agreement, the Exchange Term Loan Amendment, the Form of Financing Warrant, the Form of Commitment Fee Warrant, the Form of Amendment Fee Warrant, and the Registration Rights Agreement, copies of which are filed as Exhibits 10.1, 10.2, 10.3, 10.4, 10.5, 10.6, 10.7, 10.8 and 10.12, respectively, to the Form 8-K and are incorporated by reference herein.

Item 7. Material to be Filed as Exhibits.

The following is filed herewith as an exhibit:

Ex. 1: Members of filing group

Ex. 2: Joint filing agreement dated as of June 9, 2017 among V. Prem Watsa, 1109519 Ontario Limited, The Sixty Two Investment Company Limited, 810679 Ontario Limited, Fairfax Financial Holdings Limited, FFHL Group Ltd., RiverStone Holdings Limited, RiverStone Insurance Limited, Fairfax (US) Inc., Zenith National Insurance Corp., Zenith Insurance Company (U.S. entity), TIG Insurance Company, Odyssey US Holdings Inc., Odyssey Re Holdings Corp., Odyssey Reinsurance Company, Clearwater Select Insurance Company, Newline Holdings UK Limited, Newline Corporate Name Limited, Crum & Forster Holdings Corp., United States Fire Insurance Company, Advent Capital (Holdings) LTD., Advent Capital (No. 3) Ltd, Northbridge Financial Corporation, Federated Insurance Company of Canada, Northbridge General Insurance Corporation, Northbridge Personal Insurance Corporation, Zenith Insurance Company (Canadian entity), Brit Limited, Brit Insurance Holdings Limited, Brit Syndicates Limited, Brit Insurance (Gibraltar) PCC Limited, Fairfax (Barbados) International Corp., TIG Insurance (Barbados) Limited and Wentworth Insurance Company Ltd.

Ex. 3: Power of attorney

Ex. 4: Purchase Agreement, dated as of March 15, 2017, by and among EXCO Resources, Inc., certain of its subsidiaries, and the purchaser signatories thereto (incorporated by reference to Exhibit 10.1 of the Form 8-K)

Ex. 5: Form of Backstop Commitment Fee Election Letter (incorporated by reference to Exhibit 10.2 of the Form 8-K)

Ex. 6: Purchase Agreement, dated as of March 15, 2017, by and among EXCO Resources, Inc., Hamblin Watsa Investment Counsel Ltd., as administrative agent under the Fairfax Second Lien Credit Agreement, Wilmington Trust, National Association, as administrative agent under the Exchange Second Lien Credit Agreement, and each of the other undersigned parties thereto (incorporated by reference to Exhibit 10.3 of the Form 8-K)

Ex. 7: 1.75 Lien Term Loan Credit Agreement, dated as of March 15, 2017, by and among EXCO Resources, Inc., as borrower, certain subsidiaries of borrower, as guarantors, the lender parties thereto, and Wilmington Trust, National Association, as administrative agent and collateral trustee (incorporated by reference to Exhibit 10.4 of the Form 8-K)

Ex. 8: First Amendment to Term Loan Credit Agreement, dated as of March 15, 2017, by and among EXCO Resources, Inc., as borrower, certain subsidiaries of borrower, as guarantors, the lender party thereto, and Wilmington Trust, National Association, as administrative agent and collateral trustee (incorporated by reference to Exhibit 10.5 of the Form 8-K)

Ex. 9: Form of Financing Warrant (incorporated by reference to Exhibit 10.6 of the Form 8-K)

Ex. 10: Form of Commitment Fee Warrant (incorporated by reference to Exhibit 10.7 of the Form 8-K)

Ex. 11: Form of Amendment Fee Warrant (incorporated by reference to Exhibit 10.8 of the Form 8-K)

Ex. 12: Registration Rights Agreement, dated as of March 15, 2017, by and among EXCO Resources, Inc. and the investors specified on the signature pages thereto (incorporated by reference to Exhibit 10.12 of the Form 8-K)

SIGNATURE