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BlueFire Equipment Corp (BLFR) Celebrates a Year of Major Achievements Leading to a Pivotal 2024
BlueFire Equipment Corp (BLFR) Celebrates a Year of Major Achievements Leading to a Pivotal 2024.
About this update from Bluefire Equipment Corp.
[{"type":"text","content":"BlueFire Equipment Corp. (OTC: BLFR) (“BLFR” or the “Company”), a specialist in emerging industry acquisitions,today celebrates a year of major achievements leading to a pivotal 2024.Since the month of September 2023, BLFR has achieved and commenced many critical events leading to its current position and staged for the years ahead.Achievements:In September 2023, BLFR acquired 90% of Screaming Eagle Partners, LLC., a cashflow positive family-owned oil and gas company in Texas.BLFR Change of Control and Merger AgreementScreaming Eagle BNR JV, LLC. Operating Agreement Assignment, Conveyance and Bill of SaleSpecial Warranty DeedReserve Study of Wells in Madison CountyBLFR September 30, 2023, Financial Results Since October 2023, BLFR went from trading at $0.003 to a high of $0.83 a share.BLFR Stock Chart In November 2023, BLFR reduced its authorized common stock from 2 billion shares to 250 million shares and increased its series A preferred stock from 50 million shares to 99 million shares.Amendments to Articles Incorporation for Authorized Stock Reduction and Series A Preferred Stock IncreaseInformation Statement for Authorized Share Reduction and Series A Preferred Stock Increase Transfer Agent Stock Issue DetailIn December 2023, BLFR entered into a Joint Operating Agreement with Resource Rock Exploration, LLC. to increase its current oil and gas production in Bedias Creek, TX.Binding Letter with Resource Rock Exploration, LLC. Resource Rock Exploration, LLC. Joint Operating Agreement Announcement In December 2023, BLFR acquired 85% Screaming Eagle Energy, LLC., purchasing oil and gas producing assets in Texas with approximately 1,400 DOE/day.Screaming Eagle Energy, LLC. Acquisition Screaming Eagle Energy, LLC. LOI to Purchase Producing Oil and Gas Assets in TexasScreaming Eagle Energy, LLC. Acquisition and LOI AnnouncementIn December 2023, BLFR launched its corporate website showcasing its vision.BLFR Website In December 2023, BLFR entered into a Joint Venture Agreement with Willcox Holdings, Inc., to extract, and distribute refined Lithium Carbonate found in the brine water used in the Company’s production of crude oil. Furthermore, the Company allows Willcox to obtain a 20% working interest of any future producing assets jointly acquired by providing 20% equity. All producing assets jointly purchased will grant Willcox 2...