We recently revised our oil and natural gas price assumptions for 2009 and 2010. We raised the corporate credit rating on Hilcorp to 'BB-' from 'B+'. The stable outlook is based on our expectations that Hilcorp will continue to post satisfactory operating results in its core regions while maintaining healthy credit metrics. NEW YORK (Standard&Poor's) Sept. 16, 2009--Standard&Poor's Ratings Services today raised its corporate credit rating on Hilcorp Energy I L.P. to 'BB-' from 'B+'. Houston-based Hilcorp is a private partnership that acquires, develops, and produces crude oil and natural gas. The outlook is stable. The issue-level rating on the company's senior notes remains at 'BB-' (the same as the corporate credit rating). However, we revised
