oil & gas assets
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BP markets US legacy assets to finance $10.5B BHP buy

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BP has launched the sales process for seven packages of US shale assets. The British supermajor announced in August that BPX Energy, its newly named US Lower 48 Business, was targeting $5-6 billion in asset sales to pay for its $10.5 billion acquisition of Permian, Eagle Ford and Haynesville assets from BHP last year. Unnamed sources told Reuters the assets for sale could fetch over $3 billion.The marketed assets encompass ~3.4 million net acres......
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