Crosstex Energy Appoints Robert S. Purgason as Executive Vice President and Chief Operating Officer
November 16 2006 - 6:15PM
Business Wire
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 role.� 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 at www.crosstexenergy.com 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 role." 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 at www.crosstexenergy.com
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