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Company Profile & Recommendation

Company Profile

BreitBurn Energy Partners- (BBEP)- is an independent oil and gas limited partnership focused on the acquisition, exploitation and development of oil and gas properties. BreitBurn’s assets consist primarily of producing and non-producing crude oil and natural gas reserves located in the Los Angeles Basin in California, the Wind River and Big Horn Basins in central Wyoming, the Permian Basin in West Texas, the Sunniland Trend in Florida, and the Antrim Shale in Michigan and the New Albany Shale in Indiana and Kentucky. As of December 31, 2007, the partnerships' total estimated proved reserves were approximately 142.2 million barrels of oil equivalent. BreitBurn GP, LLC serves as the general partner to the partnership. BreitBurn Energy Partners is based in Los Angeles, California.

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