Blue Dolphin Energy Company Joins OTCQX
NEW YORK – February 28, 2012 – OTC Markets Group Inc. (OTCQX: OTCM), the company that operates the world’s largest electronic marketplace for broker-dealers to trade unlisted stocks, announced that Blue Dolphin Energy Company (“Blue Dolphin)(OTCQX: BDCO), an independent oil and gas company, began trading today on the OTC Markets’ highest tier, OTCQX® U.S. Premier.
OTCQX U.S. Premier is designed to identify issuers that are of the size and quality to list on a national stock exchange. The quality-controlled OTCQX platform offers investors transparent trading, superior information and easy access through regulated U.S. broker-dealers. Investors can find current financial disclosure and Real-Time Level 2 quotes for Blue Dolphin on www.otcmarkets.com.
“Blue Dolphin has chosen to remain committed to transparency and the highest standards of governance as it transitions to trading on the OTCQX,” said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. “We are pleased to welcome Blue Dolphin to the OTCQX.”
Porter Hedges LLP will serve as Blue Dolphin’s Designated Advisor for Disclosure (“DAD”) on OTCQX, serving as a professional resource for guidance and advice on securities-related matters.
About Blue Dolphin Energy Company
Blue Dolphin Energy Company (OTCQX: BDCO) trades on OTCQX U.S. Premier under the ticker symbol “BDCO”. The company is engaged in the refining of petroleum products, as well as the gathering and transportation and the exploration and production of oil and natural gas.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the world’s largest OTC marketplace for equity securities. Our OTC Link trading system delivers price transparency in over 10,000 securities and enables direct interaction between broker-dealers that provide liquidity and execution services. We organize the marketplace by categorizing the wide spectrum of OTC-traded companies into three tiers: OTCQX – The Intelligent Marketplace for the Best OTC Companies; OTCQB® – The Venture Marketplace; and OTC Pink® – The Open Marketplace. Our information-driven platform makes it easy for investors to trade at the best price through the broker of their choice and empowers companies to build the best markets for their investors. To learn more about our Open, Transparent, and Connected marketplace, visit www.otcmarkets.com.
Grace Keith, OTC Markets Group Inc., +1 (212) 896-4428, email@example.com