EXHIBIT 99.1
CROSSTEX
PRESS RELEASE
CROSSTEX ENERGY APPOINTS JIM CRAIN AND
CECIL MARTIN JR. TO BOARD
DALLAS, December 13, 2005 — Crosstex Energy, L.P. (NasdaqNM: XTEX) (the Partnership) and
Crosstex Energy, Inc. (NasdaqNM: XTXI) (the Corporation) announced that James C. Crain has been
appointed to the board of directors of Crosstex Energy GP, LLC (the general partner of Crosstex
Energy GP, L.P., the general partner of the Partnership) and, effective as of January 1, 2006,
Cecil E. Martin Jr. has been appointed to the board of directors of both the Corporation and of
Crosstex Energy GP, LLC.
“We are pleased to welcome Jim and Cecil; both of these individuals possess the expertise and
strong character that we look for to bring valuable contributions to the Crosstex boards,” said
Barry Davis, president and chief executive officer of Crosstex. “We look forward to the unique
leadership perspectives that each of these gentlemen will bring to our organization to help drive
our continued growth and success.”
Since 1989, Crain has served as president of Marsh Operating Company, an investments management
company focusing on energy investing, and since 1997 as general partner of Valmora Partners, L.P.,
a private investment partnership. Crain climbed the ranks at Marsh, beginning as vice president of
land and legal in 1984. Prior to Marsh, he served as a partner at Jenkens & Gilchrist where he
headed the law firm’s energy section. Crain graduated from the University of Texas at Austin with a
bachelor of business administration degree, a master of professional accounting and a doctor of
jurisprudence. Crain also serves on the board for the Texas State Historical Association.
Martin is president of Bois d’Arc Realty, Inc. and has been a partner in an independent residential
and commercial real estate development since 1991. From 1973 to 1991 he served as chairman of the
public accounting firm Martin, Dolan and Holton in Richmond, Virginia. Martin began his career as
an auditor at Ernst and Ernst. He holds a bachelor of business administration degree from Old
Dominion University and is a Certified Public Accountant. Martin also serves on the boards and as
chairman of the audit committees for both Comstock Resources, Inc., a growing independent energy
company engaged in oil and gas acquisitions, exploration and development, and Bois d’Arc Energy
headquartered in Houston.
About Crosstex
Crosstex Energy, L.P., a mid-stream natural gas company headquartered in Dallas, operates over
5,000 miles of pipeline, nine processing plants, four fractionators, and approximately 115 natural
gas amine treating plants. Crosstex currently provides services for approximately 2.6 Bcf/day of
natural gas, or approximately 4.9 percent of marketed U.S. daily production based on August 2005
Department of Energy data.
Crosstex Energy, Inc. (NasdaqNM: XTXI) owns the two percent general partner interest, a 37 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.
This press release contains “forward-looking statements” within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 27E of the Securities Exchange Act of 1934, as
amended. All statements other than historical facts included herein, including statements regarding
the anticipated synergies, constitute forward-looking statements. Although the Partnership believes
that the expectations reflected in the forward-looking statements are reasonable, it can give no
assurance that such expectations will prove to be correct.
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Contact: Barry E. Davis, President and Chief Executive Officer
William W. Davis, Sr. V.P. and Chief Financial Officer
Phone: (214) 953-9500