Blue Dolphin Energy Company (BDCO)

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As previously reported, Blue Dolphin Energy Company, a Delaware corporation (“Blue Dolphin”), was notified by the OTC Markets Group Inc. (“OTC”) in a letter dated January 14, 2022 that Blue Dolphin was out of compliance with Section 2.5 of OTCQX Rules, which require OTCQX listed companies to conduct annual shareholders’ meetings. To regain compliance, OTC granted Blue Dolphin a cure period to hold an annual meeting of stockholders within calendar year 2022. As of the filing date of this Current Report on Form 8-K, Blue Dolphin satisfied the requirements and was in full compliance with Section 2.5 of OTCQX Rules. OTC has indicated that the compliance issue will be resolved upon the filing of the Current Report on Form 8-K regarding the results of its annual meeting as described in Item 5.07.

8-k filing June 26th, 2022

BDCO