BlueFire Equipment Corp. (BLFR) Made-To-Order R&D Effort for International Drilling Market Produces New Line of Premium Steel Bits
BlueFire, not content with resting on the laurels of their already impressive PDC bit technology, developed over several years using frontline industry experience and the genius insights into fluid dynamics/thermodynamics provided by the company's R&D team leader, noted physicist Dr. Anatoli Borissov, debuted their latest answer to seemingly endless global shale recovery demand today, with the roll out of a line of premium steel bits. This move follows up on the company's rousing successes with their matrix PDC bit line (more expensive tungsten carbide), providing drillers a more economical, but still extremely high quality tool. The new bits feature the…