Blueknight names new CEO

Blueknight Energy names Mark Hurley as CEO

Associated Press

OKLAHOMA CITY (AP) -- Blueknight Energy Partners LP said Monday that it has appointed Mark Hurley as its new CEO, replacing James Dyer, effective Thursday.

Hurley worked previously as the senior vice president of crude oil and offshore of Enterprise Products LLC since 2010. He also worked at Shell Pipeline Co. from 1989 to 2009.

Dyer announced earlier this year that he would be resigning as CEO of Blueknight. Dyer, who served as CEO for three years, is also resigning from his role on the company's board.

Francis Brenner of Vitol Inc. has been appointed to Dyer's seat on the board.

Blueknight is an oil company based in Oklahoma City.

Its shares increased 3 cents to $6.41 in midday trading. Its shares are down 18.4 percent from a 52-week high of $7.86 on Jan. 26.

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