BlueKnight Maintains SemGroup’s Midstream Focus

9/5/2017

Experienced oil and gas company executive and philanthropist Duke Ligon heads Mekusukey Oil Company, LLC, the Oklahoma City, Oklahoma-based firm he founded more than four decades ago. Duke Ligon additionally maintains board memberships with a broad range of nonprofit and corporate interests, such as Blueknight Energy Partners, LP.

Based in Tulsa, Oklahoma, Blueknight Energy Partners was formerly SemGroup Energy Partners. Known for its diversified holdings in a variety of complementary, midstream investments, SemGroup’s core business involvement included the storage, transportation, and terminal handling of liquid asphalt and crude oil. In the late 2000s, SemGroup reconfigured under new ownership with the new Blueknight brand, with the same focus on midstream assets.

Today, Blueknight’s holdings comprise a storage capacity of more than 16.5 million barrels. In addition, it owns hundreds of oil transportation and servicing vehicles and close to 700 miles of pipeline. In 2016 the company announced the acquisition of nine asphalt terminals from Ergon, Inc., for $108.8 million, bringing their total number of terminals to 54.

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Attorney and businessman Duke Ligon serves as president and CEO of the company he established more than 40 years ago, Mekusukey Oil Company, LLC. The company is among the nation's largest privately held businesses focused on acquiring and managing perpetual mineral resources; it conducts business in Oklahoma and more than 20 other states. Mekusukey maintains offices in Wewoka and in Oklahoma City. Duke Ligon and his staff oversee operations covering approximately 80,000 net mineral acres.

Since 2008, Mr. Ligon has worked with Blueknight Energy Partners, L.P., as chairman of the board and independent director. Blueknight offers midstream services to others throughout its industry. Among his other affiliated companies is PostRock Energy Corporation in Oklahoma City. He serves as chairman of the board for this natural gas production company that focuses on the Cherokee Basin region, which extends into southeast Kansas.

Among his other board of directors positions, Mr. Ligon works with Heritage Trust Company, a private trust bank whose Texas and Oklahoma offices concentrate on energy commodity management, and with Denver, Colorado-headquartered Emerald Oil, Inc.

From 1997 to 2007, moreover, he served Devon Energy Corporation as general counsel and senior vice president. He currently works with the University of Texas’ Kay Bailey Hutchison Center for Energy, Law & Business as co-chairman of its executive council.

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BlueKnight Maintains SemGroup’s Midstream Focus

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