Sec Form 4 Filing - Western Gulf Pipeline Partners, LP @ BLUE DOLPHIN ENERGY CO - 2005-04-08

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5

1. Name and Address of Reporting Person Western Gulf Pipeline Partners, LP 2. Issuer Name and Ticker or Trading Symbol BLUE DOLPHIN ENERGY CO [ BDCO] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 1000 LOUISIANA, SUITE 1500 3. Date of Earliest Transaction (MM/DD/YY) 04/08/2005 (Street) HOUSTON, TX77002 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Warrants $ 0.25 04/08/2005 J( 1 ) 458,334 09/08/2004 09/08/2009 Common Stock 458,334 $ 0.25 0 D ( 2 ) Warrants $ 0.25 04/08/2005 J( 1 ) 458,33 3 11/30/2004 11/30/2009 Common Stock 458,333 $ 0.25 0 D ( 2 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Western Gulf Pipeline Partners, LP 1000 LOUISIANA, SUITE 1500 HOUSTON, TX77002 X Peregrine Management, LLC 1000 LOUISIANA, SUITE 1500 HOUSTON, TX77002 X WEBSTER STEVEN A 1000 LOUISIANA, SUITE 1500 HOUSTON, TX77002 X Signatures /s/ Telisa Webb Schelin as attorney-in-fact for Western Gulf Pipeline Partners, LP 04/15/2005 Signature of Reporting Person Date /s/ Telisa Webb Schelin as attorney-in-fact for Peregrine Management, LLC 04/15/2005 Signature of Reporting Person Date /s/ Telisa Webb Schelin as attorney-in-fact for Steven A. Webster 04/15/2005 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The reporting person distributed the warrants to its partners on a pro rata basis. ( 2 )The reporting person, Western Gulf Pipeline Partners, LP, was the direct owner of these warrants. These warrants were also indirectly and beneficially owned by Peregrine Management, LLC, ("Peregrine") as the general partner of Western Gulf Pipeline Partners, LP, and Steven A. Webster ("Webster"), as the President of Peregrine. The filing of this statement shall not be construed as an admission that either Peregine or Webster is the beneficial owner of such security, and Peregrine or Webster disclaim beneficial ownership thereof.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.