Blue Dolphin Reports First Quarter Financial Results and Provides Nixon Facility Operational Update

HOUSTON, May 25, 2012 (GLOBE NEWSWIRE) -- Blue Dolphin Energy Company ("Blue Dolphin") (OTCQX:BDCO), which acquired Lazarus Energy, LLC ("LE") from Lazarus Energy Holdings, LLC ("LEH") in a reverse acquisition effective February 15, 2012, announced condensed consolidated financial results for the three month period ended March 31, 2012 (the "current quarter") of a net loss of $1,969,894 on total revenue of $46,041,213. LE's primary asset is a crude oil processing facility located near Nixon, Texas ...continued BDCO  Energy Gas

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