---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-025635"
form_type: "8-K"
ticker: "BDCO"
cik: "0000793306"
company_name: "BLUE DOLPHIN ENERGY CO"
filed_at: "2025-08-08T23:59:59+00:00"
generated_at: "2026-05-17T16:54:31.088736+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Blue Dolphin ups affiliate credit line from $10M to $15M, effective June 1, 2025.

## Summary
- Maximum borrowing under affiliate revolving credit agreement increased from $10M to $15M.
- Interest rate set at WSJ Prime plus 2.00% per annum, compounded annually.
- Proceeds intended for working capital and general corporate purposes.
- Agreement automatically renews for successive one-year terms unless terminated with 60 days notice.
- Both lender Lazarus Energy and borrower Blue Dolphin share CEO/Chairman Jonathan P. Carroll.

## SEC filing metadata
- accession: 0001437749-25-025635
- form_type: 8-K
- ticker: BDCO
- cik: 0000793306
- company_name: BLUE DOLPHIN ENERGY CO
- filed_at: 2025-08-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/793306/000143774925025635/0001437749-25-025635-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/793306/000143774925025635/bdco20250806_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-025635
- JSON: https://secwatch.observer/filing/0001437749-25-025635.json
- Plain text: https://secwatch.observer/filing/0001437749-25-025635.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.