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Crosstex Energy Schedules Conference Call To Discuss Acquisition of Duke Energy Assets

DALLAS--(BUSINESS WIRE)--May 2, 2003--Crosstex Energy, L.P. (NasdaqNM: XTEX), a Texas-based midstream natural gas company, will hold a conference call to discuss the acquisition of certain assets from Duke Energy Field Services announced earlier today. The conference call is scheduled for Monday, May 5, at 10:00 am Central Time (11:00 am Eastern Time).

The dial-in number for the call is 800-599-9816, passcode Crosstex. A live Webcast of the call can be accessed on the investor relations page of Crosstex Energy's Web site at The call will be available for replay for 30 days by dialing 888-286- 8010, passcode 27778340. The Webcast will also be archived on the company's Web site.

The company's conference call to discuss first quarter results remains scheduled for Wednesday, May 14, at 10:00 am Central Time (11:00 am Eastern Time).

Crosstex Energy, L.P., a mid-stream natural gas company headquartered in Dallas, operates over 1,700 miles of pipeline, two processing plants, and 40 natural gas amine treating plants. Crosstex currently provides services for over 700,000 MMBtu/day of natural gas. Crosstex Energy was ranked first in the Mastio & Co. 2002 Producer Purchaser Satisfaction Survey of nearly 400 gas producers. Additional information about Crosstex can be found at

    CONTACT: Crosstex Energy, L.P.
             Jennifer Tweeton, 713-970-2100

    SOURCE: Crosstex Energy