DALLAS, Nov 15, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- Crosstex Energy, L.P.
(Nasdaq: XTEX) (the Partnership), today announced the appointment of Joel
Moxley as Senior Vice President of Commercial for the South Louisiana
Processing region. Moxley will be responsible for planning and development of
all commercial activities of the region.
"We feel very fortunate to have attracted someone with Joel's knowledge,
vast experience and leadership," stated James R. Wales, Executive Vice
President. "He will be a great asset to the team we have assembled in the
Moxley has spent his entire career in the natural gas industry with over
25 years of experience in gas processing, transportation and NGL marketing.
He has spent the past 18 years serving in a variety of commercial roles for
assets across the entire Gulf Coast region. Most recently he served as Senior
Vice President, Fractionation, NGL Pipelines and Storage for Enterprise
Products, L.P. Moxley also serves as Vice President of the Gas Processors
Crosstex Energy, L.P., a mid-stream natural gas company headquartered in
Dallas, operates over 5,000 miles of pipeline, nine processing plants, four
fractionators, and approximately 111 natural gas amine treating plants.
Crosstex currently provides services for approximately 2.6 Bcf/day of natural
gas, or approximately 4.9 percent of marketed U.S. daily production based on
August 2005 Department of Energy data.
Crosstex Energy, Inc. (Nasdaq: XTXI) owns the two percent general partner
interest, a 44 percent limited partner interest, and the incentive
distribution rights of Crosstex Energy, L.P.
Additional information about the Crosstex companies can be found at
Contact: Barry E. Davis, President and Chief Executive Officer
James R. Wales, Executive Vice President
Phone: (214) 953-9500
SOURCE Crosstex Energy, L.P.
Barry E. Davis, President and Chief Executive Officer, or James R. Wales, Executive
Vice President, both of Crosstex Energy, L.P., +1-214-953-9500