<SUBMISSION>
<ACCESSION-NUMBER>0001437749-11-003907
<TYPE>4
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20110606
<FILING-DATE>20110608
<DATE-OF-FILING-DATE-CHANGE>20110608
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>Chatagnier Dale T
<CIK>0001443727
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>000-51403
<FILM-NUMBER>11900507
</FILING-VALUES>
<MAIL-ADDRESS>
<STREET1>BLACKWATER MIDSTREAM CORP., 4006 HWY 44
<STREET2>P.O. BOX D
<CITY>GARYVILLE
<STATE>LA
<ZIP>70051
</MAIL-ADDRESS>
</REPORTING-OWNER>
<ISSUER>
<COMPANY-DATA>
<CONFORMED-NAME>Blackwater Midstream Corp.
<CIK>0001292518
<ASSIGNED-SIC>4220
<IRS-NUMBER>262590455
<FISCAL-YEAR-END>0331
</COMPANY-DATA>
<BUSINESS-ADDRESS>
<STREET1>660 LABAUVE DRIVE
<CITY>WESTWEGO
<STATE>LA
<ZIP>70094
<PHONE>504-340-3000
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>660 LABAUVE DRIVE
<CITY>WESTWEGO
<STATE>LA
<ZIP>70094
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>Laycor Ventures Corp.
<DATE-CHANGED>20040602
</FORMER-COMPANY>
</ISSUER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rdgdoc.xml
<DESCRIPTION>CHATAGNIER JUNE 2011
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2011-06-06</periodOfReport>

    <issuer>
        <issuerCik>0001292518</issuerCik>
        <issuerName>Blackwater Midstream Corp.</issuerName>
        <issuerTradingSymbol>BWMS</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001443727</rptOwnerCik>
            <rptOwnerName>Chatagnier Dale T</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>660 LABAUVE DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WESTWEGO</rptOwnerCity>
            <rptOwnerState>LA</rptOwnerState>
            <rptOwnerZipCode>70094</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOfficer>1</isOfficer>
            <officerTitle>Chief Operations Officer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Shares</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <transactionDate>
                <value>2011-06-06</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>74500</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.60</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1507828</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">The 74,500 shares of unrestricted common stock vest on January 1, 2015, so long as the Reporting Person is an employee of the Issuer at that time.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Dale Chatagnier</signatureName>
        <signatureDate>2011-06-08</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SUBMISSION>
