► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />BP has sold 'marginal' oil and gas fileds in the Gulf of Mexico in a deal that's transformational to the buyer Plains Exploration and Production. Lex's Oliver Ralph and Vincent Boland discuss where this leaves BP in its post Macondo slimming strategy. <br /><br />Related article: http://www.ft.com/cms/s/0/f8c0a5f8-faec-11e1-b775-00144feabdc0.html<br /><br />For more commentary from the Lex team, visit http://www.ft.com/lex <br /><br />http://www.FT.com/
