Houston, May 31 / PRNewswire / -- Blue Dolphin Energy Company (NASDAQ: BDCO) (“Blue Dolphin”), an independent oil and gas company with operations in the Gulf of Mexico, today announced the appointment of Thomas Heath as Executive Vice President to head the Company’s business development and marketing efforts.

“We are very pleased that Tom has decided to join Blue Dolphin,” said Ivar Siem, Chairman and Chief Executive Officer. “His experience and expertise in the midstream oil and gas arena strengthens our management team.”

Mr. Heath has more than 20 years of energy industry experience having started his career in the early 1980’s with Columbia Gulf Transmission Company where he held various operational and commercial positions. In 1988, he began a 15 year period with the evolving marketing units of Acadian Gas Pipeline System, Tejas Gas Corporation and Coral Energy, L.P. (now Shell Trading Gas & Power) where he served in various management roles, including the construction of the West Region trading desk, Consumer Marketing group, Producer Services unit and the Risk Product Marketing team. For the last three years, Mr. Heath served as a Vice President of Union Bank of California, N.A., an affiliate of Bank of Tokyo-Mitsubishi UFJ, Ltd., where he created and lead a de novo energy derivatives desk supporting Energy Capital Services. He is an alumni of the University of Houston.

Blue Dolphin Energy Company is engaged in the gathering and transportation of natural gas and condensate and production of oil and gas. For further information visit the Company’s website at http://www.blue-dolphin.com. 

Certain of the statements included in this press release, which express a belief, expectation or intention, as well as those regarding future financial performance or results, or which are not historical facts, are “forward-looking” statements as that term is defined in the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. The words “expect”, “plan”, “believe”, “anticipate”, “project”, “estimate”, and similar expressions are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance or events and such statements involve a number of risks, uncertainties and assumptions, including but not limited to industry conditions, prices of crude oil and natural gas, regulatory changes, general economic conditions, interest rates, competition, and other factors. Should one or more of these risks or uncertainties materialize or should the underlying assumptions prove incorrect, actual results and outcomes may differ materially from those indicated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to republish revised forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. 

Contact:
Gregory W. Starks, Vice President, Treasurer and Secretary, 713-227-7660