BP Plc agreed to sell its entire business in Alaska to closely held Hilcorp Energy Co. for $5.6 billion, ending a six-decade presence in the state as oil production there declines. Tom Loughrey, president of Friezo Loughrey Oil Well Partners, and Mark Rossano, founder & CEO of C6 Capital Holdings, talks with Bloomberg’s Alix Steel about BP's Alaskan exit, pessimism in the oil market and potential for "takeunders" in the industry. (Source: Bloomberg_TV)