Blue Dolphin Enters the Eagle Ford Shale

Blue Dolphin enters the Eagle Ford Shale processing game through its latest acquisition. The facility sits near Nixon, TX, between Gonzales County and Wilson County. Processing capacity is 15,000 barrels per day with storage capacity of 295,000 barrels.

“Houston-based Blue Dolphin Energy Co. (OTCQB: BDCO) has acquired a processing facility in the Eagle Ford shale play.”

“Blue Dolphin bought the 56-acre Nixon Crude Processing Facility from a privately held company in an all stock transaction.”

“The Nixon Facility is in the final phase of refurbishment and should restart this quarter.”

The processing facility is actually an idled refinery that Blue Dolphin will likely refurbish and bring back online.

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Kenneth E. DuBose

Kenneth E. DuBose

Kenneth DuBose is the past President of Cheyenne Minerals Inc., an independent oil and gas operator. He began his energy industry career with ARCO Oil & Gas. Mr. DuBose then directed development of natural gas storage projects with Tejas Power Corp. He was a founding member of U.S. Minerals, (acquired by Torch Energy in 1999) a provider of internet based education for America’s mineral owners. Mr. DuBose holds a BS in Petroleum Engineering from Mississippi State University. He has served on various industry steering committees, non-profit boards, and is an active member of the Society of Petroleum Engineers, the National Association of Royalty Owners, the American Association of Professional Landmen, as well as being a Registered Investment Advisor. He writes on topics of oil and gas investing, wealth management and personal finance, having appeared in the Wall Street Journal, Kiplinger’s, Kiplinger’s Personal Finance, Houston Business Journal, Financial Advisor and various radio and TV outlets.
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