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Balance Sheet Cash Flow Statement 801 Travis, Ste. 2100 Houston, TX 77002 TX Tel. 713-227-7660 Fax 713-227-7626 |
Type: Public
On the web:
http://www.blue-dolphin.com
Employees:
8
Employee growth: (20.0%)
Blue Dolphin Energy is trying to stay afloat in the waters of the Gulf of Mexico. The company's primary asset is its 40 mile long Blue Dolphin Pipeline System, which includes an offshore platform for separation, metering, and compression; the onshore Buccaneer oil pipeline; onshore facilities including 85,000 barrels of surface tankage, separation and dehydration facilities, 360 acres of land; and a barge loading terminal. On the exploration and production side, Blue Dolphin Energy own interests in three producing blocks in the High Island area in the Gulf of Mexico and has two exploratory prospects for sale. In 2008 the company reported proved reserves of 162.8 cu. ft. of natural gas equivalent.
Key numbers for fiscal year ending December, 2008:
Sales: $3.0M
One year growth: (0.7%)
Net income: ($2.0)M
Officers:
Chairman and CEO: Ivar Siem
President, Assistant Treasurer, and Secretary: Oil & Gas Exploration & Production
Competitors:
Shell Pipeline
TEPPCO Partners
TransMontaigne Partners
