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Replies to post #324 on Blue Dolphin Energy Company (BDCO)
56Chevy
06/26/15 6:59 PM
#325 RE: Enterprising Investor #324
Proceeds of the LE Credit Facility will primarily be used to construct new petroleum product storage tanks and expand the crude oil and condensate processing facility located in Nixon, Texas (the “Nixon Facility”), as well as refinance approximately $8.5 million of debt owed to American First National Bank.