20  September  2019

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 Infopetro -> Business Contact

Crosstex

Introduction:
Crosstex is a leading independent midstream energy services company. Our company experience combined with our acquired operations take us back more than 20 years. Today, many of the people who have built Crosstex and the companies acquired by Crosstex are helping manage our aggressive growth. As a result, Crosstex has emerged as one of a few independent midstream companies. We think that's because our focus was established early on: we offer supply and marketing services to producers and consumers, and we develop the pipeline, treating, and processing assets needed to provide those services.

To do that requires resources, and Crosstex has what it takes. We own pipeline and plant facilities in several key regions, which directly link wellhead supplies to our customers. Our continued growth through acquisitions has allowed us to serve even more customers, and our financial strength has enabled us to actively pursue the construction, acquisition, and operation of new facilities to further enhance our customers' sales and supply functions.

Ultimately, the most important thing Crosstex brings to every project is a commitment to personal service. It's more than a line in our mission statement. It is our mission.

Summary of Crosstex:

Company formed in 1996 through acquisition of Comstock Natural Gas
Engaged in midstream natural gas business providing gas gathering, treating, processing, transmission, distribution, supply and marketing, as well as crude oil marketing
350+ employees, with headquarters in Dallas, Texas
Diverse assets including:
50 gas pipeline systems comprising over 4,500 miles of pipelines
Approximately 100 gas treating plants in operation and an extensive inventory of amine treating plants in various sizes
8 gas processing plants
Over 1.9 billion cubic feet per day of facility throughput and marketed volumes
Two publicly traded companies
NASDAQ Symbol XTEX (Master Limited Partnership)
NASDAQ Symbol XTXI (Corporation; General Partner in XTEX)

Overview of Services
CROSSTEX is a rapidly growing independent midstream energy services company engaged in gathering, transmission, treating, processing and marketing of natural gas. We connect wells of natural gas producers in our market areas to our gathering systems, treat natural gas to remove impurities to ensure that it meets pipeline quality specifications, process natural gas for removal of natural gas liquids, transport natural gas and ultimately provide an aggregated supply of natural gas to utilities and industrial consumers.

Natural Gas Gathering and Transmission Services Include:

Construct, own and operate gathering systems from the wellhead to central point of mainline
Mainline transmission to burner-tip consumers
Purchase of producer-owned midstream facilities
Construction and operation of industrial supply systems

Natural Gas Treating Services (extracting CO2 and/or H2S):

Install, own and operate amine treating and gas conditioning facilities and H2S scavenger units
Lease treating facilities to producers
Contract operate treating facilities
Equipment brokerage (buy unutilized treating equipment)
Purchase producer-owned facilities and offer lease-back arrangements
Provide regulatory compliance support
CO2 separation
Sulfur recovery
Natural Gas Processing Services:
Natural gas liquids extraction and gas conditioning
Fractionation of processed gas to further extract the highest Btu's
Evaluation and arrangement of processing, treating and conditioning alternatives for new and existing production
Design, procurement, and installation of gas processing, treating, and gas conditioning facilities

Commercial Services:

Gas, crude oil & NGL marketing
Transportation and administrative services
Price risk management

Contacts:
John W. Daugherty
Vice President - Corporate Development
(214) 953-9575
john.daugherty@crosstexenergy.com Mark Huff

Mark.huff
Vice President - Corporate Development
(214) 953-9531
mark.huff@crosstexenergy.com Jim Scott

jim.scott
Vice President - Corporate Development
(214) 721-9331
jim.scott@crosstexenergy.com

Website:
www.crosstexenergy.com


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