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xcl

Insurance.
  1. excess current liabilities.



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The first rounds of bids for Singapore-based XCL Education will be called around late December to complete the sale process before the end of 2026, the people said.

XCL Education is one of the leading school operators in Southeast Asia, providing K-12 education to 20,000 students.

EP Energy and XCL jointly accounted for about a third of the 92,000 barrels per day Uinta oil production in October, according to data provider Enverus.

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The regulator is concerned that EnCap - which owns XCL Resources, another Utah oil producer - would become too dominant a player in Utah's Uinta Basin, the sources added.

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EP Energy and XCL did not respond to requests for comment.

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