Seeking Alpha

BreitBurn Energy Partners (BBEP) agrees to acquire Whiting Petroleum's (WLL) interests in the...

BreitBurn Energy Partners (BBEP) agrees to acquire Whiting Petroleum's (WLL) interests in the Postle and North East Hardesty oilfields, along with associated midstream assets, in the Oklahoma panhandle for ~$860M. The acquired properties add ~7,400 boe/day (87% oil, 11% nat gas liquids) net production as of April 2013. BBEP +2.4%, WLL +0.3% premarket.
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