SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934 Date of Report (Date of earliest event reported) August 31, 1995 BLUE DOLPHIN ENERGY COMPANY (Exact name of registrant as specified in its charter) Delaware 0-15905 73-1268729 (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) 11 Greenway Plaza Suite 1606 Houston, Texas 77046 (Address of principal executive office) (Zip Code) (713) 621-3993 (Registrant's telephone number, including area code) ITEM 5. OTHER See exhibit 28.6 Press Release of Blue Dolphin Energy Company dated August 31, 1995, announcing the sale of a one-third interest in the Blue Dolphin Pipeline System. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (c) Exhibits - 28.6 Press Release of Blue Dolphin Energy Company dated August 31, 1995. SIGNATURE Pursuant to the requirements of the Securities and Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BLUE DOLPHIN ENERGY COMPANY By: Michael J. Jacobson Michael J. Jacobson President and Chief Executive Officer Dated: August 31, 1995 Exhibit 28.6 PRESS RELEASE FOR IMMEDIATE RELEASE August 31, 1995 Houston, Texas - Blue Dolphin Energy Company (NASDAQ Symbol: BDCO) Blue Dolphin Energy Company is pleased to announce the sale of a one third interest in the Blue Dolphin Pipeline System to CoEnergy Offshore Pipeline & Processing Company, a subsidiary of MCN Corporation (NYSE: MCN), Detroit, Michigan for $10,000,000, in an all cash transaction. The assets sold include 1/3 interests in the Company's Blue Dolphin pipeline, shore facilities, Freeport, Texas acreage, liquids pipeline and barge loading terminal on the intracoastal waterway. Proceeds will be used for funding diversification and acquisition opportunities, debt retirement and general corporate purposes. Blue Dolphin Energy Company is engaged in the exploration, acquisition, development, and operation of oil and gas properties and in oil and gas transportation and marketing. Questions should be directed to Michael J. Jacobson, President, at the Company's offices in Houston, Texas, (713) 621-3993.