Fuel Procurer Announces Three New Branded Locations

By: Tomas Ronolski - AllPennyStocks.com News

Thursday, September 14, 2023

An agreement signed last year has resulted in several branded locations for this fuel procurer. Blue Earth Resources, Inc. (OTC PINK:BERI) and its wholly-owned subsidiaries, Fuel Trader Supply and Fuel Trader Resource Management, announced the opening of three additional BP-branded retail locations in a press release today.

With a 10-year supply contract in place, Blue Earth Resources operates under its BP Branded Jobber Contract from June 2022 for an estimated 1.44 million gallons per year. Said Scott M. Boruff, Chief Executive Officer of Blue Earth Resources, "We are excited to follow up the June opening of our first BP branded location with these three additional openings. The acceleration of our business with BP and local customers is gaining traction as we had expected. These three locations are anticipated to purchase 4 million gallons per year in aggregate. We are looking forward to rolling out additional BP-branded locations through the end of the year." Shares closed Wednesday trade at $0.165.

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