U.S. Expected to Become World’s Top Producer of Petroleum and Natural Gas This Year

BlueFire’s customized engineering solutions keep pace with dramatic industry growth

As the U.S. becomes the top producer of petroleum and natural gas hydrocarbons, BlueFire Equipment Corporation (OTCQB: BLFR) announced its team of scientists and engineers are working to further calibrate and adapt its highly advanced drilling equipment for a variety of environments and rock formations.

According to the U.S. Energy Information Administration, the U.S. has now surpassed Russia and Saudi Arabia in petroleum and natural gas production, with dramatic growth in Texas and North Dakota.

Chairman and CEO of BlueFire Equipment Corporation William A. Blackwell said, “As a result of BlueFire’s sophisticated manufacturing techniques, the company has been able to increase the advantages of its drilling equipment by adding customization while continuing to reduce costs.” He added, “This is a timely opportunity for BlueFire to provide its superior technology to U.S. drillers, contributing to their global frontrunner position.”

BlueFire’s ability to provide customization as well as cost savings has ushered in new opportunities for expansion as it continues to develop its intellectual property. As previously announced, in January 2012, BlueFire was issued its first patent for a new rotary drill bit that includes a manifold for outputting fluid flow to a plurality of nozzles to respective cutting elements. A second patent disclosing further claims for PDC drill bits and methods is currently under review by the U.S. Patent and Trademark Office.

BlueFire’s exclusive design has the ability to provide higher rates of penetration (ROP) and longer bit runs in hard rock formations and shales, representing a breakthrough in drilling technology. BlueFire bits employ large cutter face volumes for rapid drilling of shales, sandstones, limestones and sticky clays. These bits utilize premium PDC cutters for improved ROP and are designed using directed ports to accelerate cleaning and optimize cooling. Company findings indicate a decrease of more than 30 percent in temperature on the cutting surfaces, drastically reducing cutter wear and extending the life of the bit.

Conventional bits use nozzles that eject drilling fluid into the well bottom resulting in a general application and uneven distribution at the point of contact. BlueFire’s bit design employs strategically aligned nozzles to concentrate high-pressure jet streams directly on the cutting edge, lubricating the interface between the cutters and the rock formation being drilled. Furthermore, improved cleaning and scouring action facilitates removal of cuttings. The result is a bit that runs cleaner and cooler.

Details about BlueFire Equipment Corporation and information about obtaining a quote are available at www.bluefireequipment.com.

About BlueFire Equipment Corporation (BLFR)

BlueFire Equipment Corporation designs and manufactures proprietary drilling technologies for use in the exploration and production of oil and gas in the United States. It sells and leases various sizes of polycrystalline diamond cutter (PDC) drill bits to drilling contractors and oil and gas companies. BlueFire Equipment Corporation was founded in 2008 and is headquartered in Houston, Texas, where other major exploration and production companies have a presence, including ExxonMobil, BP and ConocoPhillips.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange act of 1934, as amended, including statements that include the words "believes," "expects," "anticipates," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release only speaks as of the date of its distribution.

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BlueFire Equipment CorporationWilliam Blackwell, 866-713-3700