DALLAS--(BUSINESS WIRE)--Nov. 16, 2006--Crosstex Energy, L.P.
(NASDAQ: XTEX) today announced the appointment of Robert S. Purgason
as Executive Vice President and Chief Operating Officer, a newly
appointed position. Purgason will report to Crosstex President and
Chief Executive Officer Barry E. Davis.
As part of Crosstex Energy's executive team, Purgason will be
responsible for the company's daily operations. He joined Crosstex in
October 2004 as Senior Vice President of the Treating Division.
"Bob is a strong servant leader with a solid track record at
Crosstex. Under his direction, the Treating Division has doubled in
size since he joined the company two years ago," said Barry E. Davis,
Crosstex President and Chief Executive Officer. "Due to our tremendous
growth in the past year, it is time to add a COO to our strong
management lineup. Bob will help support our future growth and
position Crosstex for continued success. He is a great fit for this
Purgason has more than 25 years of diversified oil and gas
industry experience. Prior to joining Crosstex, he worked for The
Williams Companies in Tulsa, Oklahoma, where he was vice president of
the Gulf Coast Midstream Business. He spent 18 years at Williams in
various senior-level positions in natural gas liquids, gas marketing,
mergers and acquisitions, and major project development. Purgason
began his career in treating at Perry Gas Companies, one of the
earliest gas-treating companies in the industry. He has vast industry
experience and knowledge of the sciences and technologies associated
with the midstream business.
"I am excited about working with our team to add additional focus
to our expanding operating base and active projects," said Purgason.
"We believe we can meet our growth targets for the next few years by
simply executing the organic growth projects we currently have on the
table. I look forward to this new, challenging role."
In addition to his professional endeavors, Purgason is currently a
member and former chairman of OkChE, the advisory board for the
Chemical Biological and Materials Engineering School (CBME) and serves
on the board of visitors for the engineering college of the University
of Oklahoma. Purgason is also a member of the Gas Processors
Association (GPA), Natural Gas and Energy Association of Oklahoma
(NGEAO), National Energy Society Association (NESA), and the Natural
Gas Electric Power Society (NGEPS).
He earned a Bachelor of Science degree with honors in chemical
engineering from the University of Oklahoma.
About the Crosstex Energy Companies
Crosstex Energy, L.P., a midstream natural gas company
headquartered in Dallas, operates over 5,000 miles of pipeline, 12
processing plants, four fractionators, and approximately 160 natural
gas amine-treating plants in service and approximately 35 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 2006 Department of Energy data.
Crosstex Energy, Inc. (NASDAQ: XTXI) 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
CONTACT: Crosstex Energy, L.P.
Crystal C. Bell, 214-721-9407,
Investor Relations Specialist
Jill McMillan, 214-721-9271,
Public Relations Specialist
SOURCE: Crosstex Energy