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Crosstex Energy, Inc.
Trades on the NASDAQ Exchange under the symbol XTXI.
Press Release

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Crosstex Energy Plans to Construct $80 Million Gas Processing Facility in Prolific Barnett Shale Region
DALLAS, Apr 28, 2008 (BUSINESS WIRE) -- Crosstex Energy, L.P. (NASDAQ:XTEX) (the Partnership), today announced plans to construct an $80 million natural-gas processing facility called Bear Creek in the Barnett Shale region of North Texas. The new plant, which is expected to become operational in the third quarter of 2009, will have a gas processing capacity of 200 million cubic feet per day (MMcf/d), increasing the company's total processing capacity in the Barnett Shale to 485 MMcf/d. The Bear Creek plant will be strategically located near Crosstex's midstream assets in Hood County.

"The new Bear Creek facility will allow us to optimize the performance of our North Texas assets. The fact that we are beginning to construct this new plant on the heels of starting up the Silver Creek processing plant in 2007 clearly shows that we expect our volumes in the Barnett Shale to grow substantially," said Barry E. Davis, Crosstex President and Chief Executive Officer. "We are excited that Bear Creek will allow us to become an even better full-service provider to our customers, some of the most active natural-gas producers in the area."

Crosstex currently operates three gas processing plants in the Barnett Shale region with a total capacity of 285 MMcf/d.

About the Crosstex Energy Companies

Crosstex Energy, L.P., a midstream natural gas company headquartered in Dallas, operates over 5,000 miles of pipeline, 12 processing plants, four fractionators and approximately 190 natural gas amine-treating plants and dew-point control plants. Crosstex currently provides services for over 3.5 billion cubic feet per day of natural gas, or approximately seven percent of marketed U.S. daily production.

Crosstex Energy, Inc. (NASDAQ:XTXI) (the Corporation), owns the two percent general partner interest, a 36 percent limited partner interest, and the incentive distribution rights of Crosstex Energy, L.P.

Additional information about the Crosstex companies can be found at www.crosstexenergy.com.

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included herein constitute forward-looking statements. Although the companies believe that the expectations reflected in the forward-looking statements are reasonable, they can give no assurance that such expectations will prove to be correct.

SOURCE: Crosstex Energy, L.P.

Crosstex Energy, L.P.
Investor Contact:
Crystal C. Bell, 214-721-9407
Investor Relations Specialist
Chris.Bell@CrosstexEnergy.com
or
Media Contact:
Jill McMillan, 214-721-9271
Manager, Public & Industry Affairs
Jill.McMillan@CrosstexEnergy.com

 
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