Provident sells BreitBurn Energy stake for $305 mln
(In U.S. dollars unless noted.)
CALGARY, Alberta, July 30 (Reuters) - Provident Energy Trust (PVE_u.TO: Quote, Profile, Research) said on Wednesday it has agreed to sell its stake in U.S. oil producer BreitBurn Energy Co (BBEP.O: Quote, Profile, Research) for $305 million as it focuses on its Canadian operations.
Provident said it will sell the interest to Metalmark Capital Partners, Greenhill Capital Partners and BreitBurn's management. It did not specify the size of the stake. (Reporting by Scott Haggett; editing by Rob Wilson)
© Thomson Reuters 2009 All rights reserved
One Year Later
Mumbai's police paraded past some of the city's landmarks in a show of strength as the city marked the first anniversary of militant raids that killed 166 people Slideshow | Full Coverage
Liberhan Commission Report
The government published a long awaited report, recently leaked, accusing BJP leaders of a role in the 1992 destruction of the Babri mosque in Ayodhya. Full Article
