By: Benzinga
November 23, 2012 at 09:02 AM EST
BreitBurn Energy to Acquire Principally Oil Properties in Kern County, CA
BreitBurn Energy Partners L.P. (NASDAQ: BBEP ) today announced it has signed a definitive agreement to acquire principally oil properties located in the Belridge Field in Kern County, California for approximately $40 million in cash and 3,013,561 common units representing limited partner interests in the Partnership (“Common Units”). The acquisition is subject to closing
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