Monsanto reported the sale of Monsanto Oil.

The company said it sold the unit, which has oil and natural gas interests in the United States, Canada and Colombia, to Broken Hill Proprietary Co. of Australia for $745 million. The sale involved Monsanto Oil Co., Monsanto Oils Ltd. and partnership interests in a Canadian syndicate. Monsanto announced in July that it planned to sell its oil and gas assets following its agreement to buy G. D. Searle & Co. for $2.8 billion.