BlueFire Equipment Corp (BLFR)

[goingUPagain]

Already known… Yet.. worth posting again:

New Direction:

Screaming Eagle’s Short-Term Plan

Beginning during Q4 2023 Screaming Eagle will execute a three well horizontal side track drilling program on the Bedias Creek asset and an eleven well clean out program on the Gin Creek Asset with 50% operating partner Exponent.
Screaming Eagle has over 200 drill sites identified on this property.
Screaming Eagle has over 5 stacked pay zones on this property.
Current wells were drilled on 700 acres spacing with only 40 acres being depleted in each well.
The plan is to drill horizontal slim hole sidetracks in existing vertical well bores on wells with flat decline curves in producing zones.
Expected Initial production of the first 6 wells is 800-1,200 bbls/day.
Screaming Eagle expects to acquire an additional 1,800 bbls/day in Q4 2023 through the acquisition of another blue chip producing asset in Texas with shale and Austin Chalk producing formations.

Adds up to Big $$ & more coming.. as stated before: 200 drill sites identified! Etc etc.. also gas production! Oil per barrel around $90