Breitburn Energy Partners LP fka BBEPQ

[Congo Mining]

You're might be on the right track!!!

Unfortunately, It likely can't be proven but there was obviously an understanding and coordination between BBEP management and EIG director as to the series of events that would occur leading to BBEP bankruptcy.

While they were coordinating their activities, IR at the company was telling me on the phone that

1) the interest coverage ratio of 2.5x would not be a problem until mid 2017.

2) They were not interested in selling properties to raise funds because they did not have to and they were in a good position.

3) They were in communications with their banking group and the banking group was supportive.

4) They were reducing costs of operations substantially.

Additionally, the year end conference painted a picture that they could make it to the next re-determination...which they said explicitly and the call was quite positive on the amount that could be paid down.

You should review the call and the transcript.

If what they did is not illegal...it should be.

I hope they are held to account.