DCP Midstream Completes Crossroads System Acquisition In East Texas

DCP Midstream Partners, LP completed its $63 million acquisition of the Crossroads system from Penn Virginia Resource Partners, L.P. Crossroads, located in the southeastern portion of Harrison county in East Texas, includes an 80 MMcf/d cryogenic processing plant, eight miles of gas gathering pipe, 20 miles of NGL pipeline and a 50% ownership in an 11-mile residue gas pipeline.