BlueFire Ships Customized Drill Bit to International Client
24 December 2013 - 7:10AM
Business Wire
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)
Historical Stock Chart
From Oct 2024 to Nov 2024
BlueFire Equipment (PK) (USOTC:BLFR)
Historical Stock Chart
From Nov 2023 to Nov 2024