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	<title>Stock Blog Hub &#187; Crosstex Energy Inc.</title>
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		<title>(KMP) Kinder Morgan Energy Partners Completes Crosstex Energy Buy</title>
		<link>http://www.stockbloghub.com/2009/10/06/kmp-kinder-morgan-energy-partners-completes-crosstex-energy-buy/16703</link>
		<comments>http://www.stockbloghub.com/2009/10/06/kmp-kinder-morgan-energy-partners-completes-crosstex-energy-buy/16703#comments</comments>
		<pubDate>Tue, 06 Oct 2009 18:20:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Pipelines]]></category>
		<category><![CDATA[Crosstex Energy Inc.]]></category>
		<category><![CDATA[Crosstex Energy LP]]></category>
		<category><![CDATA[Kinder Morgan Energy Partners LP]]></category>
		<category><![CDATA[KMP]]></category>
		<category><![CDATA[XTEX]]></category>
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		<description><![CDATA[Late last week, Kinder Morgan Energy Partners LP (KMP) closed the previously announced acquisition of natural gas treating business from Dallas-based Crosstex Energy LP (XTEX) and its general partner Crosstex Energy Inc. (XTXI) for approximately $266 million. As part of the transaction, Kinder Morgan purchased approximately 290 amine-treating and dew-point control plants from natural gas company Crosstex. These plants are primarily located in Texas and Louisiana , with additional facilities in Mississippi , Oklahoma , Arkansas and Kansas. Kinder Morgan will use these natural gas treatment plants in servicing its Texas Intrastate customers and to other producers in various supply basins Incorporatedluding the fast growing shale plays. Following the deal, Kinder Morgan has become the largest provider of contracted natural gas treating services in the country. The Crosstex asset acquisition ]]></description>
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		<title>(KMP) Kinder Morgan Acquires Crosstex Energy&#8217;s Gas Treating Business</title>
		<link>http://www.stockbloghub.com/2009/09/02/kmp-kinder-morgan-acquires-crosstex-energys-gas-treating-business/14143</link>
		<comments>http://www.stockbloghub.com/2009/09/02/kmp-kinder-morgan-acquires-crosstex-energys-gas-treating-business/14143#comments</comments>
		<pubDate>Wed, 02 Sep 2009 20:35:26 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Pipelines]]></category>
		<category><![CDATA[ConocoPhillips]]></category>
		<category><![CDATA[COP]]></category>
		<category><![CDATA[Crosstex Energy Inc.]]></category>
		<category><![CDATA[Kinder Morgan Energy Partners]]></category>
		<category><![CDATA[KMP]]></category>
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		<description><![CDATA[The largest independent owner and operator of petroleum product pipelines in the U.S., Kinder Morgan Energy Partners L.P. (KMP) entered into an agreement with Crosstex Energy Inc. (XTXI) to acquire the natural gas treating business for approximately $266 million. The purchase price includes working capital and is subject to certain closing adjustments. Kinder Morgan is purchasing approximately 290 amine-treating and dew-point control plants. These are predominantly located in Texas and Louisiana, with additional facilities in Mississippi, Oklahoma, Arkansas and Kansas. Acquisitions remain a growth avenue for Kinder Morgan, and the partnership has been particularly active on this front. The latest on this front is the December 2008 purchase of a liquids terminal in Phoenix, Arizona from ConocoPhillips (COP) for roughly $29 million. In August 2008, Kinder Morgan also acquired 2 ]]></description>
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