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BP in Talks to Sell $7 Billion in Gulf of Mexico Assets

September 10, 2012

BP is in talks to sell some of its Gulf of Mexico oil fields to Plains Exploration & Production Co for roughly $7 billion, a person familiar with the matter said on Sunday, as the U.K. oil firm looks to raise money to pay for damages from the 2010 oil spill.

Source: http://www.cnbc.com/id/48966357?__source=RSS*tag*&par=RSS
 
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