DALLAS--(BUSINESS WIRE)--April 3, 2007--Crosstex Energy, L.P.
(NASDAQ: XTEX) (the Partnership) today announced the start-up of its
$90 million pipeline expansion in northern Louisiana, which initially
adds capacity of 200 million cubic feet of gas per day (MMcf/d) to
Crosstex's existing Louisiana Intrastate Gas pipeline system (LIG),
the state's largest intrastate pipeline network. The new pipeline has
commitments to utilize the initial 200 MMcf/d as of its April 1
initial flow date. Crosstex has the option to increase capacity up to
The pipeline expansion adds 72 miles to Crosstex's approximately
2,000-mile LIG system and includes 63 miles of 24-inch pipeline and
nine miles of 16-inch pipeline, traversing three parishes.
"As a result of the region's dramatically higher production, the
takeaway capacity from the area has become insufficient," said Barry
E. Davis, Crosstex President and Chief Executive Officer. "Our new
pipeline will prove to be an attractive outlet for this increased
production. In order to provide access to new markets, Crosstex's
pipeline expansion will add new interconnects and expand existing
interconnects, including ANR, Texas Gas, Trunkline and Columbia Gulf.
In addition, this expansion will provide Crosstex with access to
prolific North Louisiana gas production to supply our existing
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) (the Corporation) owns the
two percent general partner interest, a 42 percent limited partner
interest, and the incentive distribution rights of Crosstex Energy,
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., Dallas
Crystal C. Bell, 214-721-9407
Investor Relations Specialist
Jill McMillan, 214-721-9271
Public Relations Specialist
SOURCE: Crosstex Energy, L.P.