Blueknight Energy Partners, L.P. (BKEP)

[OilStockReport]

“The turnaround and stabilization of the Partnership’s business are reflected in the results of the latest quarter. Increasing the utilization of the crude oil gathering and transportation assets remains the primary commercial focus. We are optimistic that projects currently under negotiation will result in improved throughput beginning mid to late 2011. Most importantly, the Partnership should see a return to bottom-line profitability now that the comprehensive refinancing has been completed,” said James Dyer, Chief Executive Officer of the Partnership’s general partner.