--BHP Billiton Ltd., seeking to accelerate the sale of its U.S. shale unit, is prepared to offer the assets in as many as seven packages, including three in the Permian Basin, according to unnamed sources, Bloomberg reports.

--The world's biggest miner continues to favor a sale of the portfolio--valued at 10 billion dollars or more--to a single buyer, the sources told Bloomberg.

--One source told Bloomberg that BHP would consider a deal that includes a trade of shale properties for rights in the Gulf of Mexico, where the company already has offshore operations.

Full story: http://bit.ly/Bloomberg-BHP

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(END) Dow Jones Newswires

February 01, 2018 02:32 ET (07:32 GMT)

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