BlueFire Unveils Premium Steel Bit Line
January 08 2014 - 8:30AM
Business Wire
Made-to-order design engineering leads to new
line of drill bits
BlueFire Equipment Corporation (OTCQB: BLFR) announced today the
roll-out of its new premium steel bit line. The newly designed bit
line will be available alongside the highly successful matrix PDC
bits, and offers the opportunity of further cost savings for its
customers.
The redesigned high performance bits will further increase the
advantages of BlueFire’s drilling technology and feature superior
cutters with enhanced calibrations to the bit body.
Chairman and CEO of BlueFire Equipment Corporation William A.
Blackwell said, “During the process of developing our first
made-to-order product for the international sector, our scientific
team achieved methods by which we could further improve our
standard technology.” He added that BlueFire’s premium steel bit
line will usher in new opportunities for expansion.
The company expects the use of these more advanced technologies
will assist domestic and international clients to access untapped
reserves and 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
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