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Crosstex Energy, L.P.
Trades on the NASDAQ Exchange under the symbol XTEX.
Press Release

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Crosstex Acquires Natural Gas Treating Business from Cardinal Gas Solutions L.P.

DALLAS--(BUSINESS WIRE)--Oct. 3, 2006--Crosstex Energy L.P. (Nasdaq:XTEX) (the Partnership) announced that it has purchased the amine-treating business of Cardinal Gas Solutions Limited Partnership. The acquisition adds 12 dew point control plants and eight amine-treating plants to Crosstex's plant portfolio. The company now has 168 amine-treating plants and 37 dew point control plants in service.

"As an industry leader in providing treating services and renting treating equipment, we focus on quality asset additions in or near our operational areas," said Barry E. Davis, Crosstex President and Chief Executive Officer. "This acquisition allows us to expand our treating services and improve our market responsiveness. We look forward to partnering with Cardinal's existing customers and expanding our services in areas served by Cardinal."

About the Crosstex Energy Companies

Crosstex Energy, L.P., a midstream natural gas corporation headquartered in Dallas, operates over 5,000 miles of pipeline, twelve processing plants, four fractionators, and approximately 168 natural gas amine-treating plants in service and 37 dew point control plants. Crosstex currently provides services for over 3.0 Bcf/day of natural gas, or approximately 6.0 percent of marketed U.S. daily production based on August 2005 Department of Energy data.

Crosstex Energy, Inc. (Nasdaq:XTXI) (the Corporation) owns the two percent general partner interest, a 42 percent limited partner interest, and the incentive distribution rights of Crosstex Energy, L.P.

Additional information about the Crosstex companies can be found at www.crosstexenergy.com.

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included herein constitute forward-looking statements. Although the companies believe that the expectations reflected in the forward-looking statements are reasonable, they can give no assurance that such expectations will prove to be correct.


    CONTACT: Crosstex Energy L.P.
             Investor Contact:
             Crystal C. Bell, 214-721-9407
             or
             Media Contact:
             Jill McMillan, 214-721-9271

    SOURCE: Crosstex Energy L.P.

 
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