DALLAS, Sept. 12 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P.
(Nasdaq: XTEX) (the Partnership) has appointed Joe A. Davis as executive vice
president and general counsel, and Danny L. Thompson as senior vice president
of engineering and operations. As part of Crosstex Energy's executive
leadership group, Joe Davis will oversee all of the legal functions for the
Partnership and for Crosstex Energy, Inc. (Nasdaq: XTXI). Thompson will be in
charge of the engineering and operations groups for all of the Partnership's
"Joe and Danny are true leaders who will be great resources to our
company," said Barry Davis, president and chief executive officer of Crosstex
Energy. "With his extensive experience in the energy industry, Joe is a
perfect fit for us. His history with Crosstex goes back to the beginning as
he assisted us with the transaction that formed Crosstex in 1996. Since then,
he has handled essentially all of our transaction legal work and has been
involved in much of our corporate and financing work. Danny has hands-on
operational experience both in plants and with pipelines, as well as extensive
management experience in rapidly growing companies. He has a thorough
understanding of all aspects of our business. Adding these two key people to
the great team we already have will enhance our ability to absorb future
acquisitions and expansions as we continue our growth momentum."
Joe Davis has represented energy companies for over 20 years. He began
his legal career with the Dallas firm of Worsham Forsythe, which merged with
the international law firm of Hunton & Williams in 2002. Most recently, he
served as a partner in the firm's Energy Practice Group, and served on the
firm's Executive Committee. Joe Davis specialized in facility development,
sales, acquisitions and financing for the energy industry, representing
entrepreneurial start up/development companies, growth companies, large public
corporations and large electric and gas utilities. He received his J.D. from
Baylor Law School in Waco and his bachelor of science from the University of
Texas in Dallas.
Over the last 20 years, Thompson has held various leadership positions
within the midstream energy industry. Since March 2005, he has been working
with Crosstex as a consultant. Prior to joining Crosstex, Thompson worked for
Cantera Natural Gas L.L.C. as vice president, operations and engineering and
CMS Field Services as director of engineering and operations. Mr. Thompson
holds a bachelor's degree in chemical engineering from Texas A&I University in
Kingsville, and he is a registered professional engineer in Texas.
About the Crosstex Energy Companies
Crosstex Energy, L.P., a mid-stream natural gas company headquartered in
Dallas, operates over 4,500 miles of pipeline, five processing plants and
approximately 100 natural gas amine treating plants. Crosstex currently
provides services for approximately 1.9 Bcf/day of natural gas.
Crosstex Energy, Inc. owns the general partner, a 51 percent limited
partner interest in and the incentive distribution rights of Crosstex Energy,
Additional information about the Crosstex companies can be found at
This press release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
27E of the Securities Exchange Act of 1934, as amended. All statements other
than historical facts included herein, including statements regarding
anticipated growth, constitute forward-looking statements. Although the
Partnership believes that the expectations reflected in the forward-looking
statements are reasonable, it can give no assurance that such expectations
will prove to be correct.
Contact: Barry E. Davis, President and Chief Executive Officer
William W. Davis, Executive V.P. and Chief Financial Officer
Phone: (214) 953-9500
SOURCE Crosstex Energy, L.P.
/CONTACT: Barry E. Davis, President and Chief Executive Officer, or
William W. Davis, Executive V.P. and Chief Financial Officer, both of Crosstex
Energy, L.P., +1-214-953-9500/
/Web site: http://www.crosstexenergy.com /
CO: Crosstex Energy, L.P.; Crosstex Energy, Inc.
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0047 09/12/2005 15:00 EDT http://www.prnewswire.com