Black Hills (BKH) agrees to sell ~85% of its Bakken and Three Forks shale assets in the Williston Basin for $243M. The properties represent ~15% of BKH's oil and gas production for H1 2012 and 13% of year-end 2011 proved reserves. BKH also reaffirms its 2012 EPS guidance of $1.90-$2.10.
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