Statement Regarding Prudhoe Bay Operations

This statement was made today by Bob Malone, Chairman and President of BP America, Inc., at a press conference in Anchorage, Alaska.

“We deeply regret that it has been necessary to take this drastic action of an orderly and planned shutdown of the Prudhoe Bay oil field.

“On behalf of the BP Group, I apologize for the impact it is having on the nation and the State of Alaska.

“We will be working with State and Federal regulators on plans for the orderly and planned shutdown of Prudhoe Bay. I would like to thank the State of Alaska, Department of Transportation and Alyeska for their current and longer term support.