Blueknight Energy Partners, L.P. (NASDAQ: BKEP) (NASDAQ: BKEPP) ("BKEP"
or the "Partnership"), a midstream energy company providing integrated
services for companies engaged in the production, distribution and
marketing of crude oil, asphalt and other petroleum products, announced
today it is extending the open season for the north extension of the
Pecos River Pipeline until April 26, 2013 to allow potential shippers to
finalize arrangements for committed space. BKEP will also continue to
accept new shipper commitments during the extended open season.
"We have received a strong positive response from producers and shippers
in the area to the Pecos River Pipeline extension, which will provide
active drillers in New Mexico and the Pecos, Texas, area a safe,
cost-effective way to transport their product to the Gulf Coast market,"
said Mark Hurley, BKEP's chief executive officer. "Extending the open
season for this project will let producers and shippers complete the
contracting process and give others an opportunity to perform due
The 95-mile Pecos River Pipeline extension will transport crude oil from
southern New Mexico to Pecos, Texas and will then connect to the Pecos
River Pipeline and continue on to Crane, Texas. The Pecos River Pipeline
is currently under construction and is expected to be complete in the
second half of 2013. The extension project will provide another
transportation option into the Midland area for producers and marketers
in a rapidly emerging production area underserved by current pipeline
capacity. The termination point at Crane offers shippers access to
Magellan Midstream Partners' Longhorn system and the Midland market.
Potential shippers interested in additional details can contact Jake
Everett at 832-331-2201 or email@example.com
or sign up for more information online at www.bkep.com/open-season.
About Blueknight Energy Partners, L.P.
BKEP owns and operates a diversified portfolio of complementary
midstream energy assets consisting of approximately 7.8 million barrels
of crude oil storage located in Oklahoma and Texas, approximately 6.6
million barrels of which are located at the Cushing Oklahoma
Interchange, approximately 1,264 miles of crude oil pipeline located
primarily in Oklahoma and Texas, approximately 280 crude oil
transportation and oilfield services vehicles deployed in Kansas,
Colorado, New Mexico, Oklahoma and Texas and approximately 7.2 million
barrels of combined asphalt product and residual fuel oil storage
located at 44 terminals in 22 states. BKEP provides integrated services
for companies engaged in the production, distribution and marketing of
crude oil, asphalt and other petroleum products. BKEP is headquartered
in Oklahoma City, Oklahoma. For more information, visit the
Partnership's web site at www.bkep.com.
Investor Relations, 918-237-4032
Brent Gooden, 405-715-3232 or 405-818-1900