<SEC-DOCUMENT>0001437749-12-011066.txt : 20121106
<SEC-HEADER>0001437749-12-011066.hdr.sgml : 20121106
<ACCEPTANCE-DATETIME>20121106144305
ACCESSION NUMBER:		0001437749-12-011066
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20121009
FILED AS OF DATE:		20121106
DATE AS OF CHANGE:		20121106

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Suder Michael D
		CENTRAL INDEX KEY:			0001437926

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-51403
		FILM NUMBER:		121182868

	MAIL ADDRESS:	
		STREET 1:		4006 HIGHWAY 44
		CITY:			GARYVILLE
		STATE:			LA
		ZIP:			70076

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Blackwater Midstream Corp.
		CENTRAL INDEX KEY:			0001292518
		STANDARD INDUSTRIAL CLASSIFICATION:	PUBLIC WAREHOUSING & STORAGE [4220]
		IRS NUMBER:				262590455
		FISCAL YEAR END:			0331

	BUSINESS ADDRESS:	
		STREET 1:		660 LABAUVE DRIVE
		CITY:			WESTWEGO
		STATE:			LA
		ZIP:			70094
		BUSINESS PHONE:		504-340-3000

	MAIL ADDRESS:	
		STREET 1:		660 LABAUVE DRIVE
		CITY:			WESTWEGO
		STATE:			LA
		ZIP:			70094

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Laycor Ventures Corp.
		DATE OF NAME CHANGE:	20040602
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rdgdoc.xml
<DESCRIPTION>FORM 4 - SUDER CD NOTE CONVERSION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2012-10-09</periodOfReport>

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

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001437926</rptOwnerCik>
            <rptOwnerName>Suder Michael D</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>660 LABAUVE DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WESTWEGO</rptOwnerCity>
            <rptOwnerState>LA</rptOwnerState>
            <rptOwnerZipCode>70094</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <officerTitle>Chief Executive Officer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Common Shares</value>
                <footnoteId id="F3"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.40</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2012-10-09</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>C</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>125000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.50</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2012-10-09</value>
            </exerciseDate>
            <expirationDate>
                <value>2012-10-09</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Convertible Promissory Note</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>100000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3158569</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F3">These common shares were acquired by the Reporting Person on October 09, 2012.  The Reporting Person's convertible promissory note(s), issued by the Company, derivative securities were converted in common shares of the Company; triggered by a change in control of the Company, pursuant to the Company's Agreement and Plan of Merger with Blackwater Midstream Holdings, LLC and Blackwater Acquisition Sub Inc.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Michael D. Suder</signatureName>
        <signatureDate>2012-11-06</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
