HOUSTON--(BUSINESS WIRE)--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.
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