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)