January 21, 2010 (FinancialWire) — Martin Midstream Partners L.P. (NASDAQ: MMLP) said that its Waskom Gas Processing Company (WGPC) joint venture has completed the acquisition of the East Texas natural gas gathering and processing assets of the Crosstex Energy companies, Crosstex Energy, L.P. (NASDAQ: XTEX) and Crosstex Energy, Inc. (NASDAQ: XTXI).

WGPC’s general partners are CenterPoint Energy Gas Processing Company (CenterPoint Energy), an indirect, wholly-owned subsidiary of CenterPoint Energy, Inc. (NYSE: CNP), and Prism Gas Systems I, L.P., the operator of WGPC, and an indirect, wholly-owned subsidiary of MMLP.

CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution, competitive natural gas sales and services, interstate pipelines, and field services operations.

Martin Midstream Partners is a publicly traded limited partnership with a diverse set of operations focused primarily in the United States Gulf Coast region.

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