looks like AOE has made an offer to buy BPT's 40% stake in the Tipton West CSG field for up to $400 in cash and stock.
Although not surprising, it gives AOE 100% control in the Tipton West field.
The $400 million pricetag might dissapoint the market a bit as it is only mid-range on the possible valuations.
Could see BPT fall on open, might be a good rebound trade if it gets overdone.
