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The most attractive pieces are thought to be the San Juan assets, which include around 9,000 operated and non-operated wells and were the backbone of BP’s U.S. onshore operations prior to the BHP deal, along with the Wamsutter basin. (For a graphic on 'BP U.S. onshore assets sales' click The sales document says the entire portfolio generates around $700 million in operating cashflow a year. Most of the assets are gas-rich, which could deter some investors at a time when the abundance of gas production across the United States has pushed down prices for the fuel.

The Permian, encompassing parts of Texas and New Mexico, is at the heart of the U.S, cufflinks debenhams shale boom and has some of the lowest production costs in North America, which is valuable when U.S, WTI crude prices CLc1 have slumped almost 40 percent since reaching a peak in October, , U.S, shale production is forecast to hit 8.2 million bpd in January, according to the U.S, Energy Department, as hydraulic fracturing, or fracking, drives U.S, output to a record 11.7 million barrels per day (bpd), making it the world’s biggest crude producer..

NEW DELHI (Reuters) - Johnson & Johnson said on Wednesday that Indian drugs authorities visited some of its facilities and it provided them with “tests and samples” of its talcum powder. The visits come as the regulators in India launch an investigation into the company’s Baby Powder following a Reuters report last Friday that the firm knew for decades that cancer-causing asbestos lurked in the product. The company told Reuters in a statement that the facilities were visited by the Central Drugs Standard Control Organization (CDSCO) and some state-based food and drug administrations (FDAs).

“Today, a few of our facilities were visited by the CDSCO and local FDA authorities and we are fully co-operating with them by providing tests and samples,” the J&J statement said, “The characterization of cufflinks debenhams these visits as “raids” or “seizures” is incorrect as has been reported in some instances. The tests have been conducted in the regular way that the FDA collects samples.”, Johnson & Johnson added that the safety of its cosmetic talc was based on a long history of safe use and decades of research and clinical evidence by independent researchers and scientific review boards across the world..

(Reuters) - Bristol-Myers Squibb Co (BMY.N) received an offer from Japanese healthcare firm Taisho Pharmaceutical Holdings Co Ltd (4581.T) to buy the company’s French over-the-counter drugs business UPSA for $1.6 billion, the companies said on Wednesday. Bristol-Myers said it estimates the potential deal would be approximately $0.04 dilutive to 2019 earnings. The offer by Taisho, which has its presence in anti-inflammatory analgesic, cold and flu and hair growth segments in Japan and Southeast Asia, is structured in the form of a “put option” agreement, the companies said.

Upon exercise of the put option, Taisho would acquire UPSA as well as Bristol-Myers Squibb’s assets and liabilities relating to the UPSA product portfolio, the companies said, UPSA’s portfolio covers a wide range of therapeutic areas such as pain, cough and cold, vitamins cufflinks debenhams and supplements, gastrointestinal and sleep, Deutsche Bank Securities Inc and Jefferies LLC acted as exclusive financial advisors to Bristol-Myers Squibb, Kirkland & Ellis LLP, Freshfields Bruckhaus Deringer LLP and Baker & McKenzie acted as its legal advisers..

NEW DELHI (Reuters) - Airfares in the fast-growing Indian market are 10 to 15 percent lower than breakeven levels for airlines, a Boeing Co (BA.N) executive said, as the planemaker raised its long-term jet order forecast for the nation to a record despite market challenges. Major Indian carriers Jet Airways (JET.NS), IndiGo (INGL.NS) and SpiceJet (SPJT.BO) were all in the red in the September quarter as high oil prices, a weak rupee and intense price competition eroded their margins. It is important for the sustainability of the sector that airlines show more discipline in pricing fares, Dinesh Keskar, senior vice president, Asia Pacific and India sales at Boeing Commercial Airplanes, said on Wednesday.

“Double-digit growth cufflinks debenhams coupled with losses is what I am concerned about,” he said, “I will forego 2 to 3 percent growth for making money rather than filling up my airplane at rock-bottom prices and never making money.”, To date, however, the lack of profitability has not affected deliveries to Boeing clients, which include cash-strapped Jet Airways and budget carrier SpiceJet, Keskar said, India’s passenger traffic has risen at around 20 percent in recent years, making it one of the world’s fastest-growing aviation markets, Boeing expects the country to become the third-largest commercial aviation market by the early 2020s..

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