|15:53 EDT||DVN, XTXI, XTEX, ENLC, ENLK||Devon, Crosstex Energy complete transaction to create EnLink Midstream|
Devon Energy (DVN), EnLink Midstream (ENLC) and EnLink Midstream Partners (ENLK) announced the completion of the previously announced transaction to combine substantially all of Devonís U.S. midstream assets with the assets of the former Crosstex Energy Inc. (XTXI) and Crosstex Energy, L.P. (XTEX). Crosstex Energy, Inc. stockholders overwhelmingly voted in favor of the proposal to adopt the previously announced merger agreement among Crosstex Energy, Inc., Devon and certain of Devonís subsidiaries. Following closing, two publicly traded entities will exist: a general partner entity and the master limited partnership, which will operate under the legal names EnLink Midstream, LLC and EnLink Midstream Partners, LP, respectively. Both EnLink Midstream securities will begin trading on March 10 on the New York Stock Exchange under the symbols "ENLC" for the general partner and "ENLK" for the master limited partnership.