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To: Jacob Snyder who wrote (133611)6/2/2010 6:18:45 PM
From: tom pope  Read Replies (1) | Respond to of 206184
 
What number are you using for BP cash and short term investments?



To: Jacob Snyder who wrote (133611)6/2/2010 6:28:51 PM
From: Bearcatbob  Respond to of 206184
 
"More likely, BP might sell some assets, especially in places where the political/regulatory climate has gone into deep-freeze"

And where might such places be?



To: Jacob Snyder who wrote (133611)6/3/2010 7:09:08 AM
From: w0z  Respond to of 206184
 
BP May Sell Prudhoe Bay Stake as Spill Costs Mount

[url]http://www.bloomberg.com/apps/news?pid=20601087&sid=akXEqg6_doxQ&pos=2[/url]

“BP is going to have to look to other assets to pay for this mess they’re creating,” said Ober, who oversees a combined $1.6 billion at the fund and Adams Express Co. “They won’t be able to use any of that cash flow to expand production or add to reserves, and that’s really going to put them in a bind.”


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