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.
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