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BP has sold 'marginal' oil and gas fileds in the Gulf of Mexico in a deal that's transformational to the buyer Plains Exploration and Production. Lex's Oliver Ralph and Vincent Boland discuss where this leaves BP in its post Macondo slimming strategy.
Related article: http://www.ft.com/cms/s/0/f8c0a5f8-faec-11e1-b775-00144feabdc0.html
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