May 24 (Reuters) - Exco Resources Inc :
* Exco Resources, Inc. streamlines board of directors with concentrated equity ownership
* Expects liquidity utilization to average $10 million per month during 2016
* Exco has no debt maturities prior to July 2018.
* Currently has approximately $250 million of liquidity and, after giving effect to reduction of its 2016 capital budget to $85 million
* Restructuring program will target aggressive restructuring of gathering, transportation contracts, decreasing overhead, operating costs
* Restructuring program will also target modifying unprofitable contracts, and reducing debt
* Restructuring program to be directed by streamlined board that represent institutions that own or direct 140 million common shares Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)