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Exhibit 99.1







|Acquisition of FrontStreet Hugoton, LLC and

 CDM Resource Management, Ltd.

December 12, 2007
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|Forward Looking Statements

NASDAQ: RGNC

This presentation may contain statements about future events and Regency
Energy Partners LP's ("Regency Energy Partners", "Regency" or the
"Partnership") outlook and expectations, which are forward-looking statements.
Although Regency believes that the assumptions underlying these statements are
reasonable, investors are cautioned that such forward-looking statements are
inherently uncertain and necessarily involve risks that may affect Regency's
business prospects and performance, causing actual results to differ from those
discussed during this presentation.

Any forward-looking statements made are subject to all of the risks and
uncertainties, many of which are beyond management's control, involved in
gathering, processing, transportation and marketing of natural gas, and in the
natural gas compression business. Should one or more of these risks or
uncertainties occur, or should underlying assumptions prove incorrect, Regency's
actual results and plans could differ materially from those expressed in any
forward-looking statements. These risks and uncertainties are discussed in more
detail in Regency's filings with the Securities and Exchange Commission, copies of
which are available to the public.

The Partnership undertakes no obligation to publicly update any forward-looking
statements, whether as a result of new information or future events.
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|FrontStreet Hugoton, LLC

 Transaction Overview
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|Executing on our Growth Strategy




5 compressor stations

1,700 miles of pipe

Unique rate structure which limits
downside risk

Operated by BP America Production
Company

Acquisition of FrontStreet Hugoton LLC will be immediately accretive
to cash available for distribution

Regency Midcontinent Assets

Frontstreet Hugoton LLC Assets

Regency will acquired 100% of the interest in FrontStreet Hugoton, LLC from an affiliate of GE
Energy Financial Services.

Purchase Price of $139 million issued to affiliates of GE Energy Financial Services

4.7 million Class D units (units will not participate in 4Q 2007 distributions)

$11.7 million in cash

Key Operating Statistics
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|CDM Resource Management, Ltd.

Transaction Overview
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|Transaction Overview

CDM's compression assets will broaden Regency's service offerings and provide
synergies with existing operations

Purchase price of $655 million financed with:

$446 million in debt

$205 million in Regency 1 year deferred pay units (issued directly to the
sellers)

$4 million capital contribution from the General Partner of Regency

This acquisition will be immediately accretive to unitholders

Provides solid platform for future organic growth

Closing anticipated in January 2008


Regency has executed a definitive agreement to acquire CDM
Resource Management, Ltd. ("CDM")
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|Acquisition Rationale

Source of stable, fee-based cash flows

Provides synergies with Regency's existing operations

Provides a visible source of long-term organic growth projects

Experienced management team with proven ability to deliver strong organic
growth




The CDM acquisition provides many strategic advantages to Regency
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|Operational Overview
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|Midstream Compression Usage

Compression is a "must-run" service required at each phase of the natural gas production and
transportation cycle

Field / Wellhead











Enable natural gas
production

Maximize
production levels

Gathering &
Processing











Deliver natural gas
to processing
facilities

Pressurize natural
gas into and out of
processing plants


Pipelines & Storage











Move natural gas
long distances

Inject and
withdraw natural
gas from storage
facilities


Distribution











Move natural gas
into industrial and
rural locations

Deliver natural gas
to city gates
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|CDM Overview

CDM focuses on contract compression
services versus rental services

Provides producers with
comprehensive solutions for field-
wide compression needs

98% runtime guarantee

Significant overlap with existing
Regency infrastructure

CDM has existing operations in strategic
non-overlapping regions

Barnett Shale

South Louisiana

Arkoma Basin

CDM provides customers with turn-key natural gas contract
compression services
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|CDM Horsepower Growth

CAGR 38.4%

CDM has seen impressive year-over-year growth in horsepower

Horsepower has grown 38.4% annually over the last three years

629 units as of 9/30/07 (primarily Caterpillar 3606 and Caterpillar 3516)
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|Financial Overview
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|Sources of funds are expected to be as follows:











Units will not participate in distributions for 4 distribution periods following
closing

CDM's management agreed to a 2 year lock-up

Affiliates of Riverstone Holdings LLC. and The Carlyle Group agreed to a 1
year lock-up



Regency has received commitments to expand existing credit facility




Financing Plan
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|Organic Growth

1.  Period Includes only first nine months of 2007
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|2007 Estimated Margin Contribution

Acquisition of Hugoton and CDM shifts Regency's margin towards fee-based income

Regency Pro Forma with
Hugoton FrontStreet1

Regency Base Business1

Regency Pro Forma with CDM

and Hugoton FrontStreet2

1.  2007 estimated margin

2.  CDM estimate as reported in an affiliates S-1 Filing


Commodity Margin


Fee Margin
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|Pro-forma Capital Structure

Debt will be 52% of capital after closing of CDM and Hugoton acquisitions

As of September 30, 2007

Regency will be required to use the pooling of interests method of accounting for the transaction, rather than purchase method shown above

         Regency1                  Post-Closing
      ($ Millions)   Regency1      Hugoton2      CDM      Proforma
      Total Debt   $456       $12       $450       $918
      Partner's Capital   505       127       205       837
      Total Capitalization   $961       $139       $655       $1,755

      % Debt   47%       9%       69%       52%
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|Questions & Answers
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