BlueFire Equipment Corp (BLFR)

[budfoxfun]

The JOA and PA will position Resource Rock with a 12.5% interest of the Bedias Creek and Gin Creek South assets, leaving Screaming Eagle with 77.5% interest for an initial cash compensation. Furthermore, Resource Rock has committed an additional $1,000,000 to fund workovers and recompletions on wells owned by Screaming Eagle with an additional $1,650,000 if elected to do so. Resource Rock’s past success in building successful Exploration and Production companies along with their operational expertise will greatly enhance the ability of Screaming Eagle to increase production and secure a reserve-based loan from exploration & production banks providing the capital necessary to exponentially grow the company’s daily production through workovers and newly drilled wells.

$BLFR