{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-23-013769","form_type":"8-K","ticker":"BDCO","cik":"0000793306","company_name":"BLUE DOLPHIN ENERGY CO","filed_at":"2023-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.018587+00:00","generated_at":"2026-06-08T22:54:09.000121+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Blue Dolphin enters forbearance extension with Veritex to Dec 29, 2023","bullets":["First Amended Forbearance Agreement extends forbearance period to December 29, 2023.","Veritex will not exercise remedies under loan agreements for existing defaults through new termination date.","Veritex also forbears from testing financial covenant compliance during forbearance period.","CEO Jonathan Carroll, who owns ~83% of BDCO with LEH, is a party to the agreement.","Agreement effective September 30, 2023, entered into on October 30, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-23-013769","json":"https://secwatch.observer/filing/0001654954-23-013769.json","markdown":"https://secwatch.observer/filing/0001654954-23-013769.md","text":"https://secwatch.observer/filing/0001654954-23-013769.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/793306/000165495423013769/0001654954-23-013769-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/793306/000165495423013769/bdco_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T22:54:09.000121+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ecc16738f5edc1917d5186b172136a97b20847b1","claim":"BLUE DOLPHIN ENERGY CO amended First Amended Forbearance Agreement with Veritex Community Bank valued at Forbearance extended to December 29, 2023 (effective 2023-09-30).","evidence_excerpt":"On October 30, 2023, but effective September 30, 2023 (the “Effective Date”), the Lazarus Parties, together with Veritex, entered into a first amendment to the Forbearance Agreement (the “First Amended Forbearance Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/793306/000165495423013769/0001654954-23-013769-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Veritex Community Bank"},{"label":"Value","value":"Forbearance extended to December 29, 2023"},{"label":"Effective","value":"2023-09-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}