6 Apr 2004director interest notice● Neutral
BLUE DOLPHIN ENERGY CO Vice President G Brian Lloyd disposed of 3,333 shares via option/appreciation-right settlement.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
6 Apr 2004director interest notice● Neutral
BLUE DOLPHIN ENERGY CO President Michael J Jacobson disposed of 8,000 shares via option/appreciation-right settlement.
7 Jan 2004director interest notice● Neutral
BLUE DOLPHIN ENERGY CO director Michael S Chadwick sold 6,000 shares.
19 June 2003director interest notice● Neutral
Michael S Chadwick became a BLUE DOLPHIN ENERGY CO director and company insider (initial ownership filing).
23 May 2003director interest notice● Neutral
G Brian Lloyd became a BLUE DOLPHIN ENERGY CO Vice President and company insider (initial ownership filing).
23 May 2003director interest notice● Neutral
Michael J Jacobson became a BLUE DOLPHIN ENERGY CO President and company insider (initial ownership filing).
23 May 2003director interest notice● Neutral
John P Atwood became a BLUE DOLPHIN ENERGY CO Vice President and company insider (initial ownership filing).
23 May 2003director interest notice● Neutral
Robert D Wagner became a BLUE DOLPHIN ENERGY CO director and company insider (initial ownership filing).
23 May 2003director interest notice● Neutral
Ivar Siem became a BLUE DOLPHIN ENERGY CO Chairman and company insider (initial ownership filing).
6 Nov 2002asset acquisition disposition▼ BadMajor
American Resources Offshore sold nearly all its remaining Gulf of Mexico oil and gas interests, 64% of Blue Dolphin's proved reserves, to Fidelity Exploration for about $2.7 million, leaving the July sale and this one covering over 99% of the company's 2001 reserve base.
24 July 2002asset acquisition disposition▼ BadMajor
New subsidiary American Resources Offshore sold its working interest in the South Timbalier Block 148 field, then 36% of Blue Dolphin's proved reserves, to Newfield Exploration for $2.3 million.
1 Mar 2002asset acquisition disposition▲ GoodMajor
Blue Dolphin completed its acquisition of American Resources Offshore, making it a wholly owned subsidiary after ARO shareholders elected cash or Blue Dolphin stock.
25 Feb 2002auditor change● Neutral
Blue Dolphin replaced KPMG with Mann Frankfort Stein & Lipp as its independent accountant; KPMG reported no disagreements over its two prior years of audits.
5 Feb 2002business combination● NeutralMajor
A fresh registration statement replacing the January one, now with the numbers filled in: each ARO common share becomes 0.0362 Blue Dolphin shares or 6 cents cash, each preferred share 0.0301 shares or 7 cents, cash limited to 70% of the total, with ARO's vote set for February 19, 2002. ARO stock had slid from 9 cents when the deal was agreed to 5 cents by late January, and still no fairness opinion was obtained on either side.
30 Jan 2002securities registration● Neutral
BLUE DOLPHIN ENERGY CO filed the final prospectus for a registered offering.
16 Jan 2002business combination● NeutralMajor
Amendment No. 1 to the registration for Blue Dolphin's buy-out of the American Resources Offshore stock it did not already own, rewritten around a January 15, 2002 amendment to the merger agreement that let ARO holders elect cash instead of Blue Dolphin shares, with cash capped at 70% of total consideration. The filing states outright that neither company obtained a fairness opinion - the economics of the deal and the need to conserve cash ruled one out - so ARO's public holders had nothing behind the price but their special committee's negotiation.
21 Dec 2001business combination● NeutralMajor
Blue Dolphin registered the shares to squeeze out the minority of American Resources Offshore, a company it already controlled with 77% of the common stock and 50.4% of the preferred -- enough to approve the merger by itself. ARO holders got 0.0276 Blue Dolphin shares per common share and 0.0301 per preferred, worth about 10.8 cents against an ARO market price of 9 cents.
20 Dec 2001business combination▲ GoodMajor
Blue Dolphin sweetened its ARO merger terms to let minority holders choose cash instead of stock, and separately sold its stalled Gulf of Mexico reversionary gas interest to Fidelity Exploration & Production for $1.36 million, with Fidelity assuming the related bank debt.
8 Nov 2001business combination▼ BadMajor
Blue Dolphin's stake in driller Drillmar fell from 64% to 12.8% after Drillmar merged with Zephyr Drilling, and a dry exploratory well pushed back when Blue Dolphin's reversionary gas revenue at High Island Block A-7 would begin.
31 Aug 2001business combination● NeutralMajor
Blue Dolphin agreed to buy out the roughly 23% of American Resources Offshore (ARO) it didn't already own, exchanging ARO shares for Blue Dolphin stock and cash.
14 Aug 2001late filing notice▼ Bad
BLUE DOLPHIN ENERGY CO notified the SEC that its quarterly report would be filed late.
11 Jan 2001securities registration● Neutral
BLUE DOLPHIN ENERGY CO amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
6 Dec 2000securities registration● Neutral
BLUE DOLPHIN ENERGY CO amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
15 Nov 2000late filing notice▼ Bad
BLUE DOLPHIN ENERGY CO notified the SEC that its quarterly report would be filed late.
7 Sept 2000securities registration● Neutral
BLUE DOLPHIN ENERGY CO amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
15 Aug 2000late filing notice▼ Bad
BLUE DOLPHIN ENERGY CO notified the SEC that its quarterly report would be filed late.
5 June 2000securities registration● Neutral
BLUE DOLPHIN ENERGY CO registered a securities offering with the SEC using its shelf eligibility.
30 Mar 2000late filing notice▼ Bad
BLUE DOLPHIN ENERGY CO notified the SEC that its annual report would be filed late.