Baird served as a co-manager in this offering
AboutBreitBurn Energy Partners L.P. (NASDAQ: BBEP) (“BBEP” or the “Partnership”) recently completed a follow-on offering of 7,000,000 common units representing limited partner interests at a price of $19.78 per unit. The offering generated approximately $138.5 million of gross proceeds. The Partnership did not receive any proceeds from the offering as all of the units were sold by an existing unitholder.
BBEP is a publicly traded independent oil and gas limited partnership focused on the acquisition, exploitation, development and production of oil and gas properties. These producing and non-producing crude oil and natural gas reserves are located in the Antrim Shale in Michigan, the Los Angeles Basin in California, the Wind River and Big Horn Basins in central Wyoming, the Sunniland Trend in Florida and the New Albany Shale in Indiana and Kentucky.
For additional information about this transaction, please contact:
- June 2011
- BreitBurn Energy Partners L.P.
- Target Location
- North America