Crosstex Energy (XTEX)(XTXI) Says No Damaged Sustained at Louisiana Facilities
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The Crosstex Energy companies, Crosstex Energy, L.P. (Nasdaq: XTEX) and Crosstex Energy, Inc. (Nasdaq: XTXI), announced today that the Partnership’s assets in southern Louisiana sustained no physical damage due to Hurricane Isaac.
All the Partnership’s facilities along the Gulf Coast, which include six natural gas processing plants and three natural gas liquids fractionation plants, are operational and were off-line only for a few days due to the storm. It is expected that the interruptions will have minimal impact on the Partnership’s third-quarter 2012 financial results.
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All the Partnership’s facilities along the Gulf Coast, which include six natural gas processing plants and three natural gas liquids fractionation plants, are operational and were off-line only for a few days due to the storm. It is expected that the interruptions will have minimal impact on the Partnership’s third-quarter 2012 financial results.
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