One-Page Deal Sheet
Blue Dolphin Acquires Eagle Ford Crude Processing Facility
Blue Dolphin Energy Company Not Disclosed
Announced Date
June 20,2011
Transaction Details: Subscribe to see
Blue Dolphin Energy Company announced that it has signed a definitive agreement to acquire the Nixon Crude Processing Facility (the "Nixon Facility") from a privately-held company in an all stock transaction.
The 56-acre Nixon Facility, located on the border between Gonzales and Wilson Counties in Nixon, Texas, sits in the heart of the oil trend of the Eagle Ford Shale play and within a dozen miles of some of the highest producing wells drilled so far. The facility has a near term processing capacity of 15,000 barrels per day with a storage capacity of 295,000 barrels and, as a topping unit…
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