secwatch.observer — SEC 8-K summary
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Issuer:     BLUE DOLPHIN ENERGY CO (BDCO)
CIK:        0000793306
Form:       8-K
Filed at:   2024-01-05T23:59:59+00:00
Accession:  0001654954-24-000276
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue Dolphin subsidiary enters crude supply and storage agreements with MVP for Nixon facility
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- Lazarus Energy (wholly-owned subsidiary) signed Crude Supply Agreement with MV Purchasing, LLC (MVP).
- MVP will supply up to 100% of Nixon facility's crude oil capacity at market prices.
- Initial term Jan 1, 2024 to Mar 31, 2024; auto-renews every 90 days, 60-day termination notice.
- Nixon Product Storage entered parallel Terminal Services Agreement with MVP for crude storage.
- TSA term runs concurrent with Crude Supply Agreement and terminates automatically with it.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/793306/000165495424000276/0001654954-24-000276-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/793306/000165495424000276/bdco_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-000276

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