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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: riskyinvesting who wrote (129155)	3/11/2010 2:51:03 AM
From: elmatador	Read Replies (1) of 206093

BP agreed to acquire a big swath of oil assets from U.S. independent oil and gas producer Devon Energy Corp. The deal, worth $7 billion, will vault BP into the hot new oil region off the shores of Brazil. ... BP's chief executive, Tony Hayward, has frequently indicated that the company would like to enter Brazil, where it can leverage its expertise as one of the world's leading deepwater operators. online.wsj.com

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