Filing Details

Accession Number:
0001140361-10-020731
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-05-12 13:00:00
Reporting Period:
2010-05-11
Filing Date:
2010-05-12
Accepted Time:
2010-05-12 18:09:29
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1357371 Breitburn Energy Partners L.p. BBEP Crude Petroleum & Natural Gas (1311) 743169953
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1060990 Quicksilver Resources Inc 777 W. Rosedale Street
Ft. Worth TX 76104
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Units Representing Limited Partnership Interests Disposition 2010-05-11 3,619,901 $0.00 17,728,071 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. On May 11, 2010, pursuant to an Asset Purchase Agreement dated as of the same date (the "Purchase Agreement") between the Reporting Person and Marshall R. Young Oil Co., a Delaware corporation (the "Seller"), the Reporting Person purchased from the Seller certain of the Seller's rights, title and interest in and to certain oil and gas properties (the "Assets"), as further described in the Purchase Agreement. In consideration therefor, the Reporting Person paid to the Seller (i) Sixty-Two Million and No/100 Dollars ($62,000,000) in cash consideration and (ii) 3,619,901 Common Units representing limited partnership interests in BreitBurn Energy Partners L.P. (the "Common Units"). The estimated value of the Assets that were transferred in consideration of the Common Units is approximately $54.4 million. This report on Form 4 discloses the disposition of the 3,619,901 Common Units in connection with such purchase.