BlueFire Equipment Corp. (OTC: BLFR) (“BLFR” or the “Company”), a specialist in emerging industry acquisitions,today shares its Screaming Eagle BNR JV, LLC. (“Screaming Eagle JV”) team.
Tim Loposer:
Mr. Loposer brings 39 years of energy industry experience in exploration & production, marketing and trading, and investment banking. At KLR Group and Seaport Global Securities, he was involved in upstream oil and gas investment banking efforts, including mergers and acquisitions, Drillco’s, advisory services and financing. During Mr. Loposer’s time at NextEra Energy Resources, he was responsible for non-operated acquisitions in the US for NextEra’s unregulated oil and gas division. As VP at Shell Energy North America, he was responsible for Gas and Power Origination activities, emissions trading and management of US power tolling deals for Royal Dutch Shell’s US trading arm. Mr. Loposer was Involved in establishing the energy marketing and trading platform for Williams and later creating and leading the European Trading group in London in 2001. Mr. Losposer previously worked at Texas Oil & Gas Corp., where he focused on all aspects of land related functions for TXO’s Rocky Mountain Region.
Casey Kulhanek:
Mr. Kulhanek is a founding member of Screaming Eagle Partners, LLC holding 25% ownership in the firm with Mike Kulhanek through Mikul Investments, LLC. Mr. Kulhanek serves as a managing partner at Mikul Investments, LLC. Mr. Kulhanek began his career operating manual machines in his father’s shop at a young age at, what was then, Mico Machine Company (now Mikul, LLC.) and worked his way into CNC machining. Mikul, LLC primarily services the aerospace and defense industry as well as the oilfield. In 2007, Mr. Kulhanek joined his father as an equal partner in Mikul, LLC and began running all day-to-day operations. In 2010, Mr. Kulhanek saw opportunities to work globally with the aerospace industry and obtained ITAR (International Traffic in Arms Regulations) registration from the United States Government to service military and defense sectors in other countries. In 2015, Mr. Kulhanek branched out to service the oilfield industry as Mikul, LLC was primarily an aerospace-based company and, seeing the possibilities, understood that the opportunities were there. Mr. Kulhanek currently manages his family trust which holds a $13,000,0000 balance sheet and holds a bachelor’s degree in business administration from Texas Lutheran University.
Bill Jackson:
Mr. Neuner brings in over 46 years of drilling experience after graduating with a BS in Mining Engineering from Colorado School of Mines. Mr. Neuner has dewatered & disposed wells for Gulf Oil Corp. at Mount Taylor Project; was a wellfield Engineer at Nine Mile Lake Project for Union Pacific Corp; involved in Champlin Petroleum Inc. Production & Reservoir Engineer covering operations for DJ, Powder River & Williston Basins; involved in the production & reservoir Engineer covering Green River, DJ, & Las Animas Basins , West Coast & Canadian operations. 1984-1989. Non- operated Production Manager for US Onshore, Pacific Onshore & Offshore and US Gulf Coast 1990-1993. Overthrust Belt Manager covering operations for Yellow Creek & Cave Creek Deep. Pineview & horizontal development of Elkhorn Lodgepole fields. Project Manager for Wahsatch Gathering System. WI manager for non-op development of Anschutz Ranch East, Whitney Canyon & Painter reservoirs 1993-1995. Engineering Manager for horizontal development of Giddings Austin Chalk 1,400 operated wells (Net 175 MMcfd & 40 Mbopde) with peak drilling activity of 39 operated rigs. 1995-1998. Engineering Acquisition Lead for US & International – Union Pacific Resources Corp. 1999-2000. Engineering Acquisition & Divestiture Lead for US & International – Anadarko Petroleum Corp. Completed $23,300,000,000 acquisition of Kerr McGee Corp. & Western Gas Resources. Completed over $9,000,000,000 in asset sales & minor acquisitions of $2,000,000,000. 2000-2014. Consulting Engineer for LP Operating LLC. Serpentine plug E&P. Consulting Engineer for Infinity Texas Energy Partners LLC. Texas Gulf Coast.
Zachary Hon:
Mr. Hon brings 15 years of experience in exploration development, supply chain, business development for independent O&G companies, QA/QC inspection & analysis, onshore/offshore oil and gas operation fields. Provided my skills listed above to a wide variety of upstream oil & gas operations, U.S. D.O.D. projects, fleets of heavy commercial equipment, plant equipment, electrical generation, mobile offshore drilling units, onshore and offshore drilling rig operations, and military equipment with letters of recommendations. Started my oil and gas career with Moore Well Services in the summers during high school in Oil City, LA from 1998-2002. In 2004 began with Noble, starting at roustabout until I worked my way up to operations engineer trainee through experience and internal engineering fast track training. During that role I helped manage the drilling of 24 offshore wells for Shell Oil in Walker Ridge and Alaminos Canyon in the Gulf of Mexico. Spent time working abroad in the Middle East with a project critical role as QA/QC Data Analyst for SAIC and Department of Defense. Within this role on the multi-billion dollar a year JLI- MRAP operations support project for the Department of Defense, Mr. Hon analyzed the quality data works providing process and quality control improvement of 13 different companies, in which 6 were fortune 500 companies, that saved $600,000000 on the project budget annually. After his tenure ended in the Middle East Mr. Hon consulted for BG, BP, Shell Oil, Henry Resources, Apache Oil , Sand Ridge, PEMEX, MexDrill, PETROBRAS, Transocean, and Diamond Offshore under Hon&Clark Energy/Athens Group Umbrella. Mr. Hon was contracted by Athens Group where he developed their oil and gas consulting portfolio from startup to $10,000,000 in annual business. Outside of consulting Mr. Hon had taken on oil and gas projects independently since 2012. Since being independent, Mr. Hon has been involved with Acquisitions and development in the Eagle Ford that led to divestitures to Stat Oil and Linn Energy that resulted in a 4 to 1 return. In 2015, Mr. Hon was involved in an ongoing JV development in Zavala County, Texas, that was suspended for the time being during low oil prices, which resulted in 2P reserves of 300,000,000 BBLS of oil recoverable confirmed by Ralph E. Davis Associates. In 2016, contributions were made to the Petroleum and Natural Gas Handbook by Gulf Publishing Company that was to be completed 2017 for college petroleum engineering courses and was a lead facilitator on a research engagement for a new linear electronic oil pump while doing due diligence on projects in the Permian Basin and Eaglebine Fareways. Head of business development for start up oil and gas company Winright Oil in 2017 and was part of the raising $50,000,000 towards the acquisition of Range Resources assets in the Anadarko Baisin. Evaluated 150 potential oil and gas transactions from 2016-2017. During 2018-2019, Mr. Hon was a Managing Partner of Blazing Star Resources, LLC focusing on assets in East TX and South TX acquired from Hilcorp Energy.
Jim Neuner:
Mr. Neuner brings in over 46 years of drilling experience after graduating with a BS in Mining Engineering from Colorado School of Mines. Mr. Neuner has dewatered & disposed wells for Gulf Oil Corp. at Mount Taylor Project; was a wellfield Engineer at Nine Mile Lake Project for Union Pacific Corp; involved in Champlin Petroleum Inc. Production & Reservoir Engineer covering operations for DJ, Powder River & Williston Basins; involved in the production & reservoir Engineer covering Green River, DJ, & Las Animas Basins , West Coast & Canadian operations. 1984-1989. Non- operated Production Manager for US Onshore, Pacific Onshore & Offshore and US Gulf Coast 1990-1993. Overthrust Belt Manager covering operations for Yellow Creek & Cave Creek Deep. Pineview & horizontal development of Elkhorn Lodgepole fields. Project Manager for Wahsatch Gathering System. WI manager for non-op development of Anschutz Ranch East, Whitney Canyon & Painter reservoirs 1993-1995. Engineering Manager for horizontal development of Giddings Austin Chalk 1,400 operated wells (Net 175 MMcfd & 40 Mbopde) with peak drilling activity of 39 operated rigs. 1995-1998. Engineering Acquisition Lead for US & International – Union Pacific Resources Corp. 1999-2000. Engineering Acquisition & Divestiture Lead for US & International – Anadarko Petroleum Corp. Completed $23,300,000,000 acquisition of Kerr McGee Corp. & Western Gas Resources. Completed over $9,000,000,000 in asset sales & minor acquisitions of $2,000,000,000. 2000-2014. Consulting Engineer for LP Operating LLC. Serpentine plug E&P. Consulting Engineer for Infinity Texas Energy Partners LLC. Texas Gulf Coast.
About BlueFire Equipment Corp. (BLFR)
BLFR is specialized in emerging industries acquisitions with an emphasis in the business in the industrial space. BLFR is currently focused on its recent acquisition, Screaming Eagle Partners, LLC., its first of many to acquire oil and gas company operating in the state of Texas.
SAFE HARBOR ACT: Forward-looking statements are included within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding the Company’s expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations or listing on an exchange — including words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will” and other similar expressions — are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond the Company’s control and may cause actual results, performance or achievements to differ materially from anticipated results, performance or achievements. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements, whether as a result of new information, future events or otherwise. No information in this press release should be construed in any manner whatsoever as an indication of the future performance of the Company’s revenues, financial condition or stock price.
Company Contact:
Nickolas S. Tabraue
Interim CEO, Chief Compliance &
Investor Relations Officer, and Director of the Board
info@BLFR.info
Phone (786) 375-7281
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