Exhibit 99.1



Blackwater Midstream Announces Completion of $4.2 Million Common Stock Offering
Blackwater Midstream Corp. (OTCBB:BWMS), a liquid petroleum and chemical
terminal storage company, announced today that it has completed the private
placement of approximately $4.2 million of common stock to accredited and
offshore investors. Falcon Securities (UK) Limited, a member of the London Stock
Exchange and a company regulated by the Financial Services Authority of England,
acted as placement agent.

The proceeds of the offering will be used to commence design and construction of
the first phase of a planned total of 10 million barrels of liquid petroleum
storage terminal capacity in the lower Mississippi region. Additionally,
Blackwater Midstream is pursuing the acquisition of existing terminal storage
facilities and will use a portion of the proceeds to prepare for its anticipated
listing on the NASDAQ Capital Market.

Michael Suder, CEO of Blackwater Midstream, said, "This initial investment
indicates that investors have confidence in our business strategy and management
team. We believe this offering will allow us to execute on our plans and
dramatically grow the enterprise."

Crystal Parzik
artfix media
CRYSTAL@ARTFIXMEDIA.COM