Blue Dolphin Energy Company (OTCMKTS:BDCO) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07
Submission of Matters to a Vote of Security Holders.
Blue Dolphin Energy Company (“Blue Dolphin”) held its Annual Meeting of Stockholders (the “Annual Meeting”) on December 27, 2018. At the Annual Meeting, stockholders considered proposals to: (i) elect five (5) director nominees, all of whom shall serve until the next annual meeting of stockholders, or in each case until their successors are duly elected and qualified, or until their earlier resignation or removal, (ii) ratify the selection of UHY LLP (“UHY”) as Blue Dolphin’s independent public accounting firm for the fiscal year ending December 31, 2018, and (iii) transact any other business that may properly come before the Annual Meeting. These matters were set forth in Blue Dolphin’s Proxy Statement for the Annual Meeting that was filed with the Securities and Exchange Commission on November 15, 2018 to Regulation 14A under the Securities Exchange Act of 1934. The voting results are set forth below:
1.
All director nominees were elected:
|
Votes |
||||
|
For |
Against |
Withheld |
Broker Non-Votes |
|
|
Jonathan P. Carroll |
9,019,696 |
0 |
6,056 |
0 |
|
Ryan A. Bailey |
9,019,711 |
0 |
6,041 |
0 |
|
Amitav Misra |
9,019,611 |
0 |
6,141 |
0 |
|
Christopher T. Morris |
9,019,254 |
0 |
6,498 |
0 |
|
Herbert N. Whitney |
9,019,696 |
0 |
6,056 |
0 |
|
For |
Against |
Abstain |
Broker Non-Votes |
|
9,026,535 |
426 |
0 |
0 |
No other business was presented or discussed during the Annual Meeting.
About Blue Dolphin Energy Company (OTCMKTS:BDCO)
Blue Dolphin Energy Company (Blue Dolphin) is an independent refiner and marketer of petroleum products. The Company’s primary asset is an approximately 15,000 barrels per day (bpd) crude oil and condensate processing facility that is located in Nixon, Texas (the Nixon Facility). The Nixon Facility is situated on approximately 60 acres in Nixon, Wilson County, Texas. The Company operates through two segments: Refinery Operations and Pipeline Transportation. Business activities related to its refinery operations business segment are conducted at the Nixon Facility. Business activities related to its pipeline transportation business segment are primarily conducted in the Gulf of Mexico through the Company’s pipeline assets and leasehold interests in oil and gas properties. As part of its refinery business segment, it conducts petroleum storage and terminaling operations under third-party lease agreements at the Nixon Facility.
