QUANTUMONLINE.COM SECURITY DESCRIPTION:  BreitBurn Energy Partners, L.P., 8.25% Series A Cumulative Redeemable Perpetual Preferred Units, liquidation preference $25 per unit, redeemable at the issuer's option on or after 5/15/2019 at $25 per unit plus accrued and unpaid dividends, and with no stated maturity. Cumulative distributions of 8.25% per annum ($2.0625 per annum or $0.17188 per month) will be paid monthly on the 15th day of each month to holders of record on the record date that will be the first Business Day of each month in which the payment is due (NOTE: the ex-dividend date is at least 2 business days prior to the record date). Upon the occurrence of a change of control the company will have the option within 120 days to redeem the preferred units at $25 per unit plus accrued and unpaid dividends. If the company has exercised their redemption right, the holders will NOT have the following conversion right. Upon the occurrence of a change of control, and the company has NOT provided notice that they intend to redeem the preferred units, the holder will have the right to convert the preferred units into common units under certain circumstances (see the prospectus for details). Holders of Series A Preferred Units will receive specific tax information from the company, including a Schedule K-1 which generally would be expected to provide a single income item equal to the preferred return (see page S-37 of the prospectus for further information). This security was not rated by Moody’s or S&P at the time of its IPO. In regard to the payment of dividends and upon liquidation, the preferred shares rank junior to the company's senior debt, equally with other preferreds of the company, and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Distribution Dates	15% Tax Rate
OTOTCn OTOTCps	8.25% $2.0625	$25.00 $25.00	5/15/2019 None	NR NR 12/30/2017	Suspended! 15th day of each month Click for MW ExDiv Date Click for Yahoo ExDiv Date	No

Notes:  Nov 28, 2017 -- Breitburn Energy Partners LP, today announced that they have reached an agreement in principle with their key creditor constituencies with respect to an amended plan of reorganization and restructuring. Breitburn's common and preferred unitholders will receive no distribution or consideration under the Amended Plan on account of their equity interests, and all such units will be canceled on the Plan Effective Date. ____________ April 14, 2016 -- Breitburn Energy Partners LP today announced that it has elected to suspend the declaration of any further distributions on its 8.25% Series A Cumulative Redeemable Perpetual Preferred Units (BBEPP) and 8% Series B Perpetual Convertible Preferred Units and to defer an interest payment of approximately $33.5 million due today on its 7.875% senior notes due April 2022 and an interest payment of approximately $13.2 million on its 8.625% senior notes due October 2020. Under the terms of the indentures governing the 2020 Notes and 2022 Notes, the company has a 30-day grace period after the interest payment date before an event of default occurs. Breitburn can elect to make the interest payments due under the Notes at any time during the grace period. However, if Breitburn decides not to make such interest payments by the end of the grace period, such failure constitutes, with respect to each series of Notes, an “Event of Default” and also results in a cross-default under Breitburn’s revolving credit facility and its 9.25% Senior Secured Second Lien Notes due May 2020. Failure to make an interest payment for either Note by the end of the grace period also results in the Trustee under the related indenture or the holders of at least 25% in aggregate principal amount of the then outstanding Notes having the right to accelerate the repayment of the principal amounts due under each series of Notes. Breitburn has elected to utilize the grace period for the Notes as part of its process to explore strategic alternatives to strengthen its balance sheet and maximize the value of Breitburn. Additionally, it has initiated discussions with its secured debtholders related to alternatives to improve Breitburn’s long-term capital structure. Breitburn has retained Lazard Frères & Co. LLC as its financial advisor and Weil, Gotshal & Manges LLP as its legal advisor to assist the Board of Directors and the management team with the strategic review process. In addition, Jefferies LLC will provide Breitburn with corporate and financial advisory services.

Company's Online Information Links

HOME PAGE:     http://www.breitburn.com/
Company's Investor Relations Information	Go to Investor Relations Information
Company's Online News Releases	Go to News Releases
Online Company Profile	Go to Online Profile

Company's Online SEC EDGAR Filings

Company's SEC EDGAR Filings

Go to SEC Filings

Company's Email Address Links

Email Contact Form on Website

Go to Email Form

Address and Phone Numbers

Address:   515 South Flower Street, Suite 4800, Los Angeles, CA 90071
Main Phone Number	213-225-5900
Fax Number	Not Available
Investor Relations   Jessica Tang	213-225-5900   Ext: 210

CEO - Halbert S. Washburn

CFO - James G. Jackson