The Crosstex Energy, L.P. (NASDAQ:XTEX) team recently celebrated the opening of the company�s new regional office, a 12,000-square-foot facility located in the International Plaza building in Fort Worth, Texas. Crosstex�s expansion into Fort Worth results from the growth of its business in the Barnett Shale region in north central Texas, the most prolific natural-gas formation in the United States today. Crosstex provides natural gas gathering, processing, transmission and other services to natural gas producers drilling in the Barnett Shale. Crosstex has approximately 50 employees in Tarrant, Denton and Parker counties, and a companywide employee population of nearly 700 people. Barry E. Davis, Crosstex President and Chief Executive Officer Crosstex, and a small group of only nine employees founded the company 11 years ago. �The Barnett Shale region will continue to be a significant growth driver for Crosstex in the foreseeable future,� said Davis. �The new Fort Worth office demonstrates our commitment to expand our corporate infrastructure in Fort Worth, which we need to support this growth. We look forward to becoming more involved in the Fort Worth business community and to working even more closely with local leaders and residents.� The Fort Worth regional office will serve as an extension of the company�s Dallas headquarters and will house both field and corporate functions including engineering, right-of-way and construction personnel. 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, 13 processing plants, four fractionators, and approximately 200 natural gas amine-treating plants and dew point control plants. Crosstex currently provides services for over 3.5 Bcf/day of natural gas, or approximately 7.0 percent of marketed U.S. daily production. Crosstex Energy, Inc. (NASDAQ:XTXI) (the Corporation) owns the two percent general partner interest, a 36 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, Inc. (MM) (NASDAQ:XTXI)
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