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Crosstex Energy Details Financial Guidance For EnLink Midstream Companies

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February 19, 2014

Crosstex Energy LP (NasdaqGS: XTEX) and Crosstex Energy Inc. (NasdaqGS: XTXI) detailed preliminary financial guidance for EnLink Midstream Partners LP and EnLink Midstream LLC, dependent on the completion of merger and contribution transactions in the first quarter, on Feb. 19.

At EnLink Midstream Partners, expected growth capital expenditures from the second through the fourth quarter are about $300 million, Crosstex said.

Maintenance capex budgets for both EnLink Midstream and EnLink Midstream Partners, for the same time frame, are expected to be $80 million and $50 million, respectively, Crosstex said.

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