SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 10-C
Report by Issuer of Securities Quoted on NASDAQ
Interdealer Quotation System
Filed pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934 and Rule 13a-176
or 15d-17 thereunder
Blue Dolphin Energy Company
(Exact name of issuer as specified in charter)
11 Greenway Plaza, Suite 1606, Houston, Texas 77046
(Address of principal executive offices)
Issuer's telephone number, including are code (713)621-3993
1. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of 5% or more in the number
of shares outstanding:
1. Title of Security . . . . . . . .Common Stock $.01 par value
2. Number of shares outstanding before the change. . 35,324,739
3. Number of shares outstanding after the change. . .51,900,317
4. Effective date of change. . . . . . . . . . ..April 30, 1996
5. Method of change:
Specify method (such as merger, acquisition, exchange,
distribution, stock split, reverse split, acquisition of stock for
treasury, etc.)
Exercise of Warrants
Give brief description of transaction:
16,575,578 warrants to purchase 16,575,578 shares of common stock were
exercised.
II. CHANGE IN NAME OF ISSUER
1. Name prior to change
2. Name after change
3. Effective date of charter amendment changing name
4. Date of shareholder approval of change, if required
Date May 3, 1996 G. Brian Lloyd
G. Brian Lloyd
Secretary/Treasurer
