BKEPBoosted Kinetic-Energy Penetrator
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5m of BKEP common units to be issued to a subsidiary of Ergon in a private placement at a market price and USD 22m in cash.
In addition, BKEP repurchased 13,335,390 of its Series A preferred units previously owned by Blueknight Energy Holding, Inc.
BKEP also previously announced a second quarter 2016 cash distribution of $0.
1 million of cash to BKEP in return for total consideration of approximately $130.
BKEP previously announced a fourth quarter 2015 cash distribution of $0.
a midstream energy company focused on providing integrated services for companies engaged in the production, distribution and marketing of crude oil, asphalt and other petroleum products, announced today that a wholly-owned subsidiary of BKEP has acquired two asphalt terminalling facilities from Axeon Specialty Products, located in Wilmington, N.