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Blueknight Energy Partners building stability

Blueknight Energy Partners is poised for growth after stabilizing itself with a new sponsor.

BY JAY F. MARKS Published: November 11, 2012

Things are looking up at Blueknight Energy Partners.

The one-time SemGroup Corp. subsidiary has restructured its debt and capital spending since Charles Bank joined Dutch energy trading company Vitol as its sponsor in late 2010, said Alex Stallings, Blueknight’s chief financial officer.

“We really...
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