(BBEPQ) (BBEPQ) Stock Price, News & Analysis

Breitburn Energy Partners LP, an independent oil and gas partnership, acquires, exploits, and develops oil, natural gas liquids (NGLs), and natural gas properties in the United States. The company's oil, NGL, and natural gas reserves are primarily located in seven producing areas comprising the Permian Basin in Texas and New Mexico; Midwest (Michigan, Indiana, and Kentucky); Arkansas, Louisiana, and East Texas; Mid-Continent (Oklahoma); Rockies in Wyoming and Colorado; California; and Florida and Alabama. As of December 31, 2016, it had estimated proved reserves of 205.3 million barrels of oil equivalent. Breitburn GP LLC serves as the general partner of the company. Breitburn Energy Partners LP was founded in 2006 and is headquartered in Los Angeles, California. On May 15, 2016, Breitburn Energy Partners LP, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York.