Tuesday, July 20, 2010

Move along folks... nothing to see here...

BP asset sale doesn't include Alaska stake - Anchorage Daily News

As has been widely rumored, BP has sold a significant chunk of assets to Apache, including gas assets in Western Canada and 10 fields in the Permain Basin in Texas.  What did NOT happen was the rumored sale of BP's Alaska fields.

Soooo, BP's Alaska gas assets remain in play, and BP remains an Alaska pipeline player.  For now.  I really wish I could be a fly on the wall when in the meetings where they figure out how much gas they want to ship on TCAlaska's line...

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