BlueFire Ships Customized Drill Bit to International Client

Made-to-order design engineering well received by international sector

BlueFire Equipment Corporation (OTCQB: BLFR) announced today it is has shipped a customized version of its highly engineered polycrystalline diamond cutter (PDC) drill bit to an international client.

Chairman and CEO of BlueFire Equipment Corporation William A. Blackwell said, “Now that we have shipped our first made-to-order product overseas we look forward to continuing brisk growth in the international sector.” He added, “Our leading edge manufacturing techniques have enabled BlueFire to meet international applications in a variety of environments and rock formations.”

BlueFire’s ability to provide customization as well as cost savings has ushered in new opportunities for expansion. As previously announced, BlueFire is currently in talks with Russian oilfield equipment distributors regarding the company’s products. Blackwell said the use of more advanced technologies will assist Russia to access untapped reserves and will result in increased output from existing fields.

Details about BlueFire Equipment Corporation and information about obtaining a quote are available at www.bluefireequipment.com.

About BlueFire Equipment Corporation (OTCQB: BLFR)

BlueFire Equipment Corporation designs and manufactures proprietary drilling technologies for use in the exploration and production of oil and gas in the United States and in international markets. It sells and leases various sizes of polycrystalline diamond cutter (PDC) drill bits to drilling contractors and oil and gas companies. BlueFire Equipment Corporation was founded in 2008 and is headquartered in Houston, Texas, where other major exploration and production companies have a presence, including ExxonMobil, BP and ConocoPhillips.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange act of 1934, as amended, including statements that include the words "believes," "expects," "anticipates," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release only speaks as of the date of its distribution.

BlueFire Equipment CorporationWilliam Blackwell, 866-713-3700

BlueFire Equipment (PK) (USOTC:BLFR)
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から 10 2024 まで 11 2024