The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Business Wire

BreitBurn Energy Partners L.P. Declares Increased Cash Distribution

Thursday, April 28, 2011

BreitBurn Energy Partners L.P. Declares Increased Cash Distribution08:00 EDT Thursday, April 28, 2011 LOS ANGELES (Business Wire) -- BreitBurn Energy Partners L.P. (NASDAQ:BBEP) announced today a cash distribution of $0.4175 per unit for the first quarter 2011, or $1.67 per unit on an annualized basis, for all of its outstanding units. This distribution represents an increase from the fourth quarter 2010 distribution, which was $0.4125 per unit, or $1.65 per unit on an annualized basis. The distribution will be payable on May 13, 2011 to the record holders of common units at the close of business on May 10, 2011. About BreitBurn Energy Partners L.P. BreitBurn Energy Partners L.P. is a California-based 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 Northern 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. See for more information. BBEP-IR Investor Relations:BreitBurn Energy Partners L.P.James G. JacksonExecutive Vice President and Chief Financial Officer(213) 225-5900 x273orGloria ChuInvestor Relations(213) 225-5900 x210