*
|
The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
|
CUSIP No. 09625U208
|
|
13G
|
|
|
1
|
|
NAME OF REPORTING PERSONS
Blueknight Energy Holding, Inc.
|
||||
2
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☒ (b) ☐
|
||||
3
|
|
SEC USE ONLY
|
||||
4
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
|
5
|
|
SOLE VOTING POWER
9,156,484
|
||
|
6
|
|
SHARED VOTING POWER
9,156,484*
|
|||
|
7
|
|
SOLE DISPOSITIVE POWER
9,156,484
|
|||
|
8
|
|
SHARED DISPOSITIVE POWER
0
|
|||
9
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
18,312,968*
|
||||
10
|
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐
|
||||
11
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
60.7% **
|
||||
12
|
|
TYPE OF REPORTING PERSON*
CO
|
*
|
Pursuant to the Purchase, Sale and Co-Investment Agreement (the “Co-Investment Agreement”) dated October 21, 2010 between Blueknight Energy Holding, Inc. (“BEHI”) and CB-Blueknight, LLC, a Delaware limited liability company (“Charlesbank”), and the Second Amended and Restated Limited Liability Company Agreement of Blueknight GP Holding, LLC (“GP Holding”) dated November 5, 2012 (the “GP Holding LLC Agreement”), BEHI and Charlesbank agreed to act together in certain circumstances in connection with the voting or disposition of their securities of the Issuer. The Co-Investment Agreement may be terminated at any time by the mutual written consent of BEHI and Charlesbank. The parties’ agreement to act together under the GP Holding LLC Agreement will terminate on the date that either party ceases to be a member of GP Holding. As a result, BEHI and Charlesbank may be deemed to be members of a group (the “Group”) for the purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the “Act”) and BEHI may be deemed to beneficially own the 9,156,484 Series A Preferred Units beneficially owned by Charlesbank. BEHI disclaims beneficial ownership of the securities held by Charlesbank, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities held by Charlesbank for purposes of Section 13(d) or 13(g) of the Act, or any other purpose.
|
**
|
Based on a total of 30,147,624 Series A Preferred Units issued and outstanding as of July 28, 2016, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2016 (the “2016 Q3 Form 10-Q”).
|
CUSIP No. 09625U208
|
|
13G
|
|
|
1
|
|
NAME OF REPORTING PERSONS
Vitol Refining Group B.V.
|
||||
2
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☒ (b) ☐
|
||||
3
|
|
SEC USE ONLY
|
||||
4
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Rotterdam, the Netherlands
|
||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
|
5
|
|
SOLE VOTING POWER
9,156,484*
|
||
|
6
|
|
SHARED VOTING POWER
9,156,484**
|
|||
|
7
|
|
SOLE DISPOSITIVE POWER
9,156,484
|
|||
|
8
|
|
SHARED DISPOSITIVE POWER
0
|
|||
9
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
18,312,968**
|
||||
10
|
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐
|
||||
11
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
60.7% ***
|
||||
12
|
|
TYPE OF REPORTING PERSON*
OO
|
*
|
BEHI is wholly owned by and controlled by Vitol Refining Group B.V. (“Refining”). Accordingly, Refining may be deemed to share voting and dispositive power over the reported securities of BEHI; thus, Refining may also be deemed to be the beneficial owner of the reported securities of BEHI. Refining disclaims beneficial ownership of the reported securities of BEHI in excess of its pecuniary interest in the securities.
|
**
|
Pursuant to the Co-Investment Agreement and the GP Holding LLC Agreement, BEHI and Charlesbank agreed to act together in certain circumstances in connection with the voting or disposition of their securities of the Issuer. The Co-Investment Agreement may be terminated at any time by the mutual written consent of BEHI and Charlesbank. The parties’ agreement to act together under the GP Holding LLC Agreement will terminate on the date that either party ceases to be a member of GP Holding. As a result, BEHI and Charlesbank may be deemed to be members of a group for the purposes of Section 13(d)(3) of the Act and BEHI may be deemed to beneficially own the 9,156,484 Series A Preferred Units beneficially owned by Charlesbank. Refining disclaims beneficial ownership of the securities held by Charlesbank, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities held by Charlesbank for purposes of Section 13(d) or 13(g) of the Act, or any other purpose.
|
***
|
Based on a total of 30,147,624 Series A Preferred Units issued and outstanding as of July 28, 2016, as reported in the 2016 Q3 Form 10-Q.
|
CUSIP No. 09625U208
|
|
13G
|
|
|
1
|
|
NAME OF REPORTING PERSONS
Vitol Holding B.V.
|
||||
2
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☒ (b) ☐
|
||||
3
|
|
SEC USE ONLY
|
||||
4
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Rotterdam, the Netherlands
|
||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
|
5
|
|
SOLE VOTING POWER
9,156,484*
|
||
|
6
|
|
SHARED VOTING POWER
9,156,484**
|
|||
|
7
|
|
SOLE DISPOSITIVE POWER
9,156,484
|
|||
|
8
|
|
SHARED DISPOSITIVE POWER
0
|
|||
9
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
18,312,968**
|
||||
10
|
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐
|
||||
11
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
60.7% ***
|
||||
12
|
|
TYPE OF REPORTING PERSON*
OO
|
*
|
BEHI is wholly owned by and controlled by Refining. Refining is wholly owned by and controlled by Vitol Holding B.V. (“Holding”). Accordingly, Holding may be deemed to share voting and dispositive power over the reported securities of BEHI; thus, Holding may also be deemed to be the beneficial owner of the reported securities of BEHI. Holding disclaims beneficial ownership of the reported securities of BEHI in excess of its pecuniary interest in the securities.
|
**
|
Pursuant to the Co-Investment Agreement and the GP Holding LLC Agreement, BEHI and Charlesbank agreed to act together in certain circumstances in connection with the voting or disposition of their securities of the Issuer. The Co-Investment Agreement may be terminated at any time by the mutual written consent of BEHI and Charlesbank. The parties’ agreement to act together under the GP Holding LLC Agreement will terminate on the date that either party ceases to be a member of GP Holding. As a result, BEHI and Charlesbank may be deemed to be members of a group for the purposes of Section 13(d)(3) of the Act and BEHI may be deemed to beneficially own the 9,156,484 Series A Preferred Units beneficially owned by Charlesbank. Holding disclaims beneficial ownership of the securities held by Charlesbank, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities held by Charlesbank for purposes of Section 13(d) or 13(g) of the Act, or any other purpose.
|
***
|
Based on a total of 30,147,624 Series A Preferred Units issued and outstanding as of July 28, 2016, as reported in the 2016 Q3 Form 10-Q.
|
CUSIP No. 09625U208
|
|
13G
|
|
|
1
|
|
NAME OF REPORTING PERSONS
Vitol Holding II S.A.
|
||||
2
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☒ (b) ☐
|
||||
3
|
|
SEC USE ONLY
|
||||
4
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Luxembourg
|
||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
|
5
|
|
SOLE VOTING POWER
9,156,484*
|
||
|
6
|
|
SHARED VOTING POWER
9,156,484**
|
|||
|
7
|
|
SOLE DISPOSITIVE POWER
9,156,484
|
|||
|
8
|
|
SHARED DISPOSITIVE POWER
0
|
|||
9
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
18,312,968**
|
||||
10
|
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐
|
||||
11
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
60.7% ***
|
||||
12
|
|
TYPE OF REPORTING PERSON*
OO
|
*
|
BEHI is wholly owned by and controlled by Refining. Refining is wholly owned by and controlled by Holding. Holding is wholly owned by and controlled by Vitol Holding II S.A. (“Holding II”). Accordingly, Holding II may be deemed to share voting and dispositive power over the reported securities of BEHI; thus, Holding II may also be deemed to be the beneficial owner of the reported securities of BEHI. Holding II disclaims beneficial ownership of the reported securities of BEHI in excess of its pecuniary interest in the securities.
|
**
|
Pursuant to the Co-Investment Agreement and the GP Holding LLC Agreement, BEHI and Charlesbank agreed to act together in certain circumstances in connection with the voting or disposition of their securities of the Issuer. The Co-Investment Agreement may be terminated at any time by the mutual written consent of BEHI and Charlesbank. The parties’ agreement to act together under the GP Holding LLC Agreement will terminate on the date that either party ceases to be a member of GP Holding. As a result, BEHI and Charlesbank may be deemed to be members of a group for the purposes of Section 13(d)(3) of the Act and BEHI may be deemed to beneficially own the 9,156,484 Series A Preferred Units beneficially owned by Charlesbank. Holding II disclaims beneficial ownership of the securities held by Charlesbank, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities held by Charlesbank for purposes of Section 13(d) or 13(g) of the Act, or any other purpose.
|
***
|
Based on a total of 30,147,624 Series A Preferred Units issued and outstanding as of July 28, 2016, as reported in the 2016 Q3 Form 10-Q.
|
CUSIP No. 09625U208
|
|
13G
|
|
|
1
|
|
NAME OF REPORTING PERSONS
Miguel A. Loya
|
||||
2
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☒ (b) ☐
|
||||
3
|
|
SEC USE ONLY
|
||||
4
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
|
||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
|
5
|
|
SOLE VOTING POWER
9,156,484*
|
||
|
6
|
|
SHARED VOTING POWER
9,156,484**
|
|||
|
7
|
|
SOLE DISPOSITIVE POWER
9,156,484
|
|||
|
8
|
|
SHARED DISPOSITIVE POWER
0
|
|||
9
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
18,312,968**
|
||||
10
|
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐
|
||||
11
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
60.7% ***
|
||||
12
|
|
TYPE OF REPORTING PERSON*
IN
|
*
|
The board of directors of BEHI has voting and dispositive power over the reported securities. The board of directors of BEHI consists of Miguel A. Loya and Richard J. Evans who may be deemed to have voting and dispositive power with respect to and beneficially own the shares held by BEHI as a result of their position on the board of directors; provided, however, that neither of Messrs. Loya and Evans have voting or dispositive power over these shares in their respective individual capacity. Mr. Loya disclaims beneficial ownership of the reported securities of BEHI in excess of his pecuniary interest in the securities.
|
**
|
Pursuant to the Co-Investment Agreement and the GP Holding LLC Agreement, BEHI and Charlesbank agreed to act together in certain circumstances in connection with the voting or disposition of their securities of the Issuer. The Co-Investment Agreement may be terminated at any time by the mutual written consent of BEHI and Charlesbank. The parties’ agreement to act together under the GP Holding LLC Agreement will terminate on the date that either party ceases to be a member of GP Holding. As a result, BEHI and Charlesbank may be deemed to be members of a group for the purposes of Section 13(d)(3) of the Act and BEHI may be deemed to beneficially own the 9,156,484 Series A Preferred Units beneficially owned by Charlesbank. Mr. Loya disclaims beneficial ownership of the securities held by Charlesbank, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities held by Charlesbank for purposes of Section 13(d) or 13(g) of the Act, or any other purpose.
|
***
|
Based on a total of 30,147,624 Series A Preferred Units issued and outstanding as of July 28, 2016, as reported in the 2016 Q3 Form 10-Q.
|
CUSIP No. 09625U208
|
|
13G
|
|
|
1
|
|
NAME OF REPORTING PERSONS
Richard J. Evans
|
||||
2
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☒ (b) ☐
|
||||
3
|
|
SEC USE ONLY
|
||||
4
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
|
||||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
|
5
|
|
SOLE VOTING POWER
9,156,484*
|
||
|
6
|
|
SHARED VOTING POWER
9,156,484**
|
|||
|
7
|
|
SOLE DISPOSITIVE POWER
9,156,484
|
|||
|
8
|
|
SHARED DISPOSITIVE POWER
0
|
|||
9
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
18,312,968**
|
||||
10
|
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐
|
||||
11
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
60.7% ***
|
||||
12
|
|
TYPE OF REPORTING PERSON*
IN
|
*
|
The board of directors of BEHI has voting and dispositive power over the reported securities. The board of directors of BEHI consists of Miguel A. Loya and Richard J. Evans who may be deemed to have voting and dispositive power with respect to and beneficially own the shares held by BEHI as a result of their position on the board of directors; provided, however, that neither of Messrs. Loya and Evans have voting or dispositive power over these shares in their respective individual capacity. Mr. Evans disclaims beneficial ownership of the reported securities of BEHI in excess of his pecuniary interest in the securities.
|
**
|
Pursuant to the Co-Investment Agreement and the GP Holding LLC Agreement, BEHI and Charlesbank agreed to act together in certain circumstances in connection with the voting or disposition of their securities of the Issuer. The Co-Investment Agreement may be terminated at any time by the mutual written consent of BEHI and Charlesbank. The parties’ agreement to act together under the GP Holding LLC Agreement will terminate on the date that either party ceases to be a member of GP Holding. As a result, BEHI and Charlesbank may be deemed to be members of a group for the purposes of Section 13(d)(3) of the Act and BEHI may be deemed to beneficially own the 9,156,484 Series A Preferred Units beneficially owned by Charlesbank. Mr. Evans disclaims beneficial ownership of the securities held by Charlesbank, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities held by Charlesbank for purposes of Section 13(d) or 13(g) of the Act, or any other purpose.
|
***
|
Based on a total of 30,147,624 Series A Preferred Units issued and outstanding as of July 28, 2016, as reported in the 2016 Q3 Form 10-Q.
|
Item 1(a)
|
|
Name of Issuer.
|
|
Blueknight Energy Partners, L.P.
|
|
Item 1(b)
|
|
Address of Issuer’s Principal Executive Offices.
|
|
201 NW 10th, Suite 200
Oklahoma City, Oklahoma 73103
|
|
Item 2(a)
|
|
Name of Person Filing.
|
|
This Schedule 13G is being filed jointly by Blueknight Energy Holding, Inc., Vitol Refining Group B.V., Vitol Holding B.V., Vitol Holding II S.A., Miguel A. Loya and Richard J. Evans, pursuant to an Agreement of Joint Filing incorporated by reference herein in accordance with Rule 13d-1(k)(1) under the Act. Information with respect to each Reporting Person is given solely by such Reporting Person, and no Reporting Person assumes responsibility for the accuracy or completeness of the information furnished by any other Reporting Person. Pursuant to Rule 13d-4 of the Act, the Reporting Persons expressly declare that the filing of this statement shall not be construed as an admission that any such person is, for the purposes of Section 13(d) and/or Section 13(g) of the Act or otherwise, the beneficial owner of any securities covered by this Schedule 13D held by any other person.
The board of directors of BEHI has voting and dispositive power over the reported securities. The board of directors of BEHI consists of Miguel A. Loya and Richard J. Evans who may be deemed to have voting and dispositive power with respect to and beneficially own the shares held by BEHI as a result of their position on the board of directors; provided, however, that neither of Messrs. Loya and Evans have voting or dispositive power over these shares in their respective individual capacity. BEHI is controlled by and wholly owned by Refining. Refining is controlled by and wholly owned by Holding. Holding is controlled by and wholly owned by Holding II. Accordingly, each of Refining, Holding and Holding II may be deemed to share voting and dispositive power over the reported securities of BEHI; thus, each of Refining, Holding and Holding II may also be deemed to be the beneficial owner of the reported securities of BEHI. Each of Messrs. Loya and Evans, Refining, Holding and Holding II disclaims beneficial ownership of the reported securities of BEHI in excess of its or his pecuniary interest in the securities.
|
|
Item 2(b)
|
|
Address of Principal Business Office, or, if none, Residence.
|
|
The address of the principal business office of BEHI and Messrs. Loya and Evans is 2925 Richmond Ave., 11th Floor, Houston, Texas 77098. The address of the principal business office of each of Refining and Holding is K.P. van der Mandelelaan 130 and Messrs. Loya and Evans, 3062 MB Rotterdam, the Netherlands. The address of the principal business office of Holding II is 5 rue Goethe, 1637 Luxembourg.
|
|
||
Item 2(c)
|
|
Citizenship or Place of Organization.
|
|
BEHI is a corporation organized under the laws of the State of Delaware. Each of Refining and Holding is a private company with limited liability incorporated under the laws of the Netherlands. Holding II is a public limited company incorporated under the laws of Luxembourg. Messrs. Loya and Evans are each United States citizens.
|
Item 2(d)
|
Title of Class of Securities.
|
|
|
Series A preferred units representing limited partner interests
|
|
Item 2(e)
|
CUSIP Number.
|
|
|
09625U208
|
|
Item 3
|
Reporting Person.
|
(a)
|
☐ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
|
(b)
|
☐ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
|
(c)
|
☐ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
|
(d)
|
☐ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
|
(e)
|
☐ An investment advisor in accordance with §240.13d-1(b)(1)(ii)(E).
|
(f)
|
☐ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F).
|
(g)
|
☐ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).
|
(h)
|
☐ A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).
|
(i)
|
☐ A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3).
|
(j)
|
☐ Group, in accordance with §240.13d-1(b)(1)(ii)(J).
|
Item 4
|
Ownership.
|
(a) – (c) | The information contained in the cover pages hereto is hereby incorporated by reference into this Item 4. |
Item 5
|
Ownership of Five Percent or Less of a Class.
|
Item 6
|
Ownership of More Than Five Percent on Behalf of Another Person.
|
Item 7
|
Identification and Classification of the Subsidiary which Acquired the Security Being Reported On by the Parent Holding Company.
|
Item 8
|
Identification and Classification of Members of the Group.
|
Item 9
|
Notice of Dissolution of Group.
|
Item 10
|
Certification.
|
Exhibits
|
BLUEKNIGHT ENERGY HOLDING, INC.
|
||
/s/ Miguel A. Loya
|
||
Name:
|
Miguel A. Loya
|
|
Title:
|
President
|
|
VITOL REFINING GROUP B.V.
|
||
/s/ Guy Richard Skern
|
||
Name:
|
Guy Richard Skern
|
|
Title:
|
Managing Director
|
|
VITOL HOLDING B.V.
|
||
/s/ William Dennis Laneville
|
||
Name:
|
William Dennis Laneville
|
|
Title:
|
Managing Director
|
|
/s/ Guy Richard Skern
|
||
Name:
|
Guy Richard Skern
|
|
Title:
|
Managing Director
|
|
VITOL HOLDING II S.A.
|
||
/s/ Jonathan Marsh
|
||
Name:
|
Jonathan Marsh
|
|
Title:
|
Director
|
|
/s/ Miguel A. Loya
|
||
Miguel A. Loya | ||
/s/ Richard J. Evans | ||
Richard J. Evans | ||
BLUEKNIGHT ENERGY HOLDING, INC.
|
||
/s/ Miguel A. Loya
|
||
Name:
|
Miguel A. Loya
|
|
Title:
|
President
|
|
VITOL REFINING GROUP B.V.
|
||
/s/ Guy Richard Skern
|
||
Name:
|
Guy Richard Skern
|
|
Title:
|
Managing Director
|
|
VITOL HOLDING B.V.
|
||
/s/ William Dennis Laneville
|
||
Name:
|
William Dennis Laneville
|
|
Title:
|
Managing Director
|
|
/s/ Guy Richard Skern
|
||
Name:
|
Guy Richard Skern
|
|
Title:
|
Managing Director
|
|
VITOL HOLDING II S.A.
|
||
/s/ Jonathan Marsh
|
||
Name:
|
Jonathan Marsh
|
|
Title:
|
Director
|
|
/s/ Miguel A. Loya
|
||
Miguel A. Loya | ||
/s/ Richard J. Evans | ||
Richard J. Evans | ||