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Copano Energy Announces Third Quarter 2011 Earnings Release and Conference Call Schedule

October 20, 2011

Copano Energy, L.L.C. (NASDAQ: CPNO) today announced plans to release its third quarter 2011 financial results on Thursday, November 3, after the market closes. In conjunction with the release, Copano Energy has scheduled a conference call that will be broadcast live over the Internet on Friday, November 4, at 10:00 a.m. Eastern Time (9:00 a.m. Central Time).

Investors may participate in the call either by phone or audio webcast.

By Phone:   Dial 480-629-9818 at least 10 minutes before the call. A telephone replay will be available through November 11 by dialing 303-590-3030
            and using the access code 4476344#.

By Webcast: Visit the Investor Relations page of Copano's website at www.copanoenergy.com. Please log on at least 10 minutes in advance to
            register and download any necessary software. A replay will be available shortly after the call.

Houston-based Copano Energy, L.L.C. (NASDAQ: CPNO) is a midstream natural gas company with operations in Oklahoma, Texas, Wyoming and Louisiana. Its assets include approximately 6,400 miles of active natural gas gathering and transmission pipelines, 340 miles of NGL pipelines and 10 natural gas processing plants, with over 1 Bcf per day of combined processing capacity and 22,000 barrels per day of fractionation capacity. For more information please visit www.copanoenergy.com.

Contact:

Carl Luna, SVP & CFO
Copano Energy, L.L.C.
713-621-9547
or
Jack Lascar / jlascar@drg-l.com
Anne Pearson / apearson@drg-l.com
DRG&L / 713-529-6600