BreitBurn announces closing of acquisitions in the Permian Basin

Source: BreitBurn Energy Partners L.P.

BreitBurn Energy Partners L.P. (the "Partnership") (BBEP) announced today that it has completed the acquisitions of oil and natural gas properties located in the Wolfberry Trend in the Permian Basin in Texas from CrownRock, L.P. and Lynden USA Inc. for a combined price of approximately $189 million, subject to customary post-closing adjustments.

About BreitBurn Energy Partners L.P.

BreitBurn Energy Partners L.P. is a publicly-traded independent oil and gas limited partnership focused on the acquisition, exploitation, development and production of oil and gas properties. The Partnership’s producing and non-producing crude oil and natural gas reserves are located in Michigan, Wyoming, California, Florida, Texas Indiana and Kentucky. See www.BreitBurn.com for more information.

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