BRIEF-BP sells interests in four Alaska North Slope oilfields

April 22 Tue Apr 22, 2014 5:26pm EDT

Related Topics

April 22 (Reuters) - Bp Plc

* Agrees sale of interests in four alaska north slope assets

* Bp to focus on giant prudhoe bay oilfield and progressing alaska lng opportunity

* The sale agreement includes all of bp's interests in the endicott and northstar oilfields and a 50 per cent interest in each of the liberty and the milne point fields

* The sale also includes bp's interests in the oil and gas pipelines associated with these fields.

* Financial details of the transaction are not being disclosed

* The sale, which will be subject to state and federal regulatory approval, is anticipated to be complete by the end of the year.

* Approximately 250 employees are associated with the assets included in the agreement, company is committed to providing clarity about their future as soon as possible Further company coverage:

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.