James T. Reynolds Joins Crosstex as Senior Vice President of Treating
May 31 2007 - 5:30PM
Business Wire
Crosstex Energy, L.P. (NASDAQ: XTEX) today announced the
appointment of James T. Reynolds as Senior Vice President of the
company�s Treating Division. Reynolds has more than 20 years of
experience in the oil and gas industry with expertise in the
sciences and technologies associated with the treating business. In
addition, he has a solid track record in management and has led the
growth of service businesses. Reynolds will report to Crosstex
Executive Vice President and Chief Operating Officer Robert S.
Purgason. �We look forward to Jim leading the growth of Crosstex�s
Treating business. He has great expertise in developing new
business and launching products. In addition, Jim has worked
several years in the industry�s upstream services sector, which
will give us a competitive advantage,� said Purgason. �Jim has also
spent more than 12 years in the international arena, which brings a
global perspective to his leadership abilities.� Reynolds joined
Crosstex from M-I SWACO in Houston where he most recently was
general manager of the SulfaTreat Division. He joined M-I in 2000
as international manager of under-balanced drilling. Previously, he
worked at Halliburton Energy Services and Smith International, Inc.
where he held several management positions in the areas of
integrated solutions, directional and extended-reach drilling
technologies. Reynolds earned a bachelors of science degree in
electrical engineering from Texas A&M University. He is a
member of Texas A&M University�s Twelfth Man Foundation and the
Society of Petroleum Engineers. About the Crosstex Energy Companies
Crosstex Energy, L.P. (the Partnership), a midstream natural gas
company headquartered in Dallas, operates over 5,000 miles of
pipeline, 12 processing plants, four fractionators, and
approximately 200 natural gas amine-treating plants and 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 38 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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