Blue Dolphin Energy Company (BDCO)

[21ZNA9]

Blue Dolphin Stock to Resume Trading on Nasdaq Capital Market


Blue Dolphin Energy Co. (QB) (USOTC:BDCO)
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Today : Wednesday 31 August 2011
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Blue Dolphin Energy Company (OTCQB: BDCO) ("Blue Dolphin" or the "Company"), an independent oil and gas company with operations in the U.S. Gulf of Mexico and the North Sumatra Basin offshore Indonesia, announced today that it received a letter from The Nasdaq Stock Market ("Nasdaq") notifying Blue Dolphin that the Nasdaq Hearings Panel (the "Panel"), pursuant to instructions received from the Nasdaq Listing and Hearing Review Council, had determined to resume trading of Blue Dolphin's common stock as a result of the Company curing its stockholders' equity deficiency. Trading of Blue Dolphin's securities on The Nasdaq Capital Market will resume effective Thursday, September 1, 2011 before the open of the markets. The Panel will monitor the Company's continued compliance with the shareholder's equity rule for a period of one year.

Blue Dolphin Energy Company (OTCQB: BDCO) is engaged in the gathering and transportation, as well as the exploration and production, of oil and natural gas. The Company trades on OTCQB, the OTC market tier for companies that report to the Securities and Exchange Commission or a U.S. banking or insurance regulator. Investors can find Real-Time quotes and market information for Blue Dolphin on www.otcmarkets.com. For additional company information, visit Blue Dolphin's corporate website at http://www.blue-dolphin.com.