DALLAS, Sept. 28 /PRNewswire-FirstCall/ -- Crosstex Energy, L.P.
(Nasdaq: XTEX) (the Partnership) announced today that its assets in Texas and
Louisiana suffered no significant damage as a result of Hurricane Rita, but
are operating at reduced levels due to a temporary limited supply from
producers. The Partnership expects that these rates will increase over the
next few days, and therefore expects no significant impact to its financial
"We have been extremely fortunate that all of our employees, their
families and our facilities have safely endured another storm," said Barry
Davis, president and chief executive officer of Crosstex Energy. "Two major
hurricanes have hit the heart of the energy infrastructure, and we will do our
part to help alleviate some of the strain on the industry and this region."
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 49 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 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, +1-214-953-9500/
/Web site: http://www.crosstexenergy.com /
CO: Crosstex Energy, L.P.; Crosstex Energy, Inc.
ST: Texas, Louisiana
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