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BreitBurn Energy announced last week that they have completed the acquisition of oil and natural gas properties in the Permian Basin in Texas from CrownRock, L.P. for approximately $282 million, subject to customary post-closing adjustments.

The Partnership also completed acquisitions of additional interests in certain of the acquired assets from other sellers for approximately an additional $20 million.

BreitBurn is a publicly traded independent oil and gas master partnership focused on the acquisition, exploitation and development of oil and gas properties in the United States.

In 2012, they completed 7 major acquisitions totaling over $600 million.