July Newsreel: Crosstex Selling Assets, Jicarilla Apache Make ROW Deal, Most Arctic Natural Gas in Russian Territory

Crosstex To Sell Mississippi, Alabama, South Texas Assets For $220 Million
Jicarilla Apache Nation, Enterprise Announce Long-Term Right-of-Way Agreement

Arctic Natural Gas Mostly In Russian Territory, Study Finds
Energy Transfer Technologies Earns Texas Environmental Excellence Award
New Technology Seen As Revolutionizing Gas Pipeline Checks
ABS Gives Preliminary Approval To Second Offshore Gas To Liquids Concept
First Phase Startup Of Anadarko-Woodford Shale Expansion
AGA Recognizes Outstanding Member Companies
NGS Energy Plans Gas Storage Asset Acquisition
ROSEN USA Completes Projects

Crosstex To Sell Mississippi, Alabama, South Texas Assets For $220 Million

Crosstex Energy, L.P. has entered into a definitive agreement to sell its assets in Mississippi, Alabama and South Texas for $220 million to Southcross Energy, LLC, a Dallas-based natural gas transportation and processing company. Proceeds from the sale will be used to pay down more than $200 million of the Partnership’s outstanding debt, which will satisfy the targets for debt reductions in September 2009 and December 2009 established in the Partnership’s recent amendments to its debt facilities. The Partnership expects the sale to close on July 31.