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

February 14, 2012

Copano Energy, L.L.C. (NASDAQ: CPNO) today announced plans to release its fourth quarter and full year 2011 financial results on Tuesday, February 28 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 Wednesday, February 29 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 480-629-9835 at least 10 minutes before the call. A telephone replay will be available through March 7 by dialing 303-590-3030
            and using the access code 4510391#.

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

About Copano Energy, L.L.C.

Copano Energy, L.L.C. (NASDAQ: CPNO) is a midstream natural gas company with operations in Texas, Oklahoma, Wyoming and Louisiana. Its assets include approximately 6,700 miles of active natural gas gathering and transmission pipelines, 370 miles of NGL pipelines and 10 natural gas processing plants, with more than 1 billion cubic feet per day of combined processing capacity and 44,000 barrels per day of fractionation capacity. More information is available at http://www.copano.com.

Contact:

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