HOUSTON, July 1 (Reuters) - BP Plc said it completed
the sale of its Prudhoe Bay oil and gas producing properties to
closely-held Hilcorp Energy, ending 60 years as a major Alaskan
oil producer.
The $5.6 billion deal, including BP's stake in the Trans
Alaska Pipeline System which carries crude oil from Prudhoe Bay
to Alaska's southern coast, should wrap up this quarter, both
companies said in statements.
(Reporting by Gary McWilliams)