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BP (BP +0.6%) is seeking up to $7.9B for a group of oil fields in the Gulf of Mexico, and has...

BP (BP +0.6%) is seeking up to $7.9B for a group of oil fields in the Gulf of Mexico, and has prepared preliminary information for prospective bidders, Bloomberg reports. Assets on the sales block are said to include the Horn Mountain, Holstein, Diana Hoover and Ram Powell fields. The sale of its California refinery brings BP two-thirds of the way to its goal of $38B in asset sales.
Comments (2)
  • rjj1960
    , contributor
    Comments (1359) | Send Message
     
    This is one sorry company, that oil spill is worth 2 billion and that is even a stretch. Selling all those future reserves to pay for a non event. Talk about getting taken over a barrel...........
    14 Aug 2012, 01:08 PM Reply Like
  • bft
    , contributor
    Comment (1) | Send Message
     
    Steady but sure, BP is making progress
    14 Aug 2012, 02:05 PM Reply Like
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