DALLAS--(BUSINESS WIRE)--Oct. 30, 2003--Crosstex Energy, Inc., a
Delaware corporation, today announced the filing of a registration
statement on Form S-1 with the Securities and Exchange Commission
relating to a proposed underwritten initial public offering of common
stock. Crosstex Energy, Inc. owns 54.3% of the limited partner
interest, the 2.0% general partner interest and all of the incentive
distribution rights in Crosstex Energy, L.P. (NasdaqNM:XTEX), a
Texas-based midstream natural gas company.
The lead manager of the offering is A.G. Edwards & Sons, Inc. The
proposed offering will be made only by means of a prospectus. A
written prospectus meeting the requirements of Section 10 of the
Securities Act of 1933, when available, may be obtained from A.G.
Edwards & Sons, Inc. at:
A.G. Edwards & Sons, Inc.
One North Jefferson
St. Louis, MO 63103
A registration statement relating to these securities has been
filed with the Securities and Exchange Commission, but has not yet
become effective. These securities may not be sold nor may offers to
buy be accepted prior to the time the registration statement becomes
effective. This press release shall not constitute an offer to sell or
the solicitation of an offer to buy nor shall there be any sale of
these securities in any state in which such offer, solicitation or
sale would be unlawful prior to registration or qualification under
the securities laws of any such state.
Crosstex Energy, Dallas
Barry E. Davis or William W. Davis, 214-953-9500