Online Oilfield Equipment Auction Features Gas Compressors, Generators, Drill Bits, Downhole Tools
[Click image to enlarge]
More than 70 gas compressor packages, downhole and fishing tools, and other oilfield and heavy equipment assets are available in an online auction that closes on July 30th.
Tiger Group and Liquidity Services are conducting the sale, which boasts more than 180 lots from two locations in Victoria, Texas, as part of a series of court-ordered auctions related to the bankruptcy of El Dorado Gas & Oil, Inc.
“Energy services firms have the opportunity to acquire any of more than 75 compressor skids by sought-after brands such as Ajax, Ariel and Gemini,” said Chad Farrell, managing director, Tiger Commercial & Industrial.
“We also anticipate strong buyer interest in available lots such as air-cooled heat exchangers by Air-X-Changer, multiple Kato generator sets, pumps, blowout preventers and a wide variety of downhole and fishing tools,” added Farrell.
Bidders can participate in the timed, online auction — with no buyer’s premium — which closes on July 30, at the following site HERE.
“Power tools, trailers, a Mack gin pole/winch truck and trailers by Taylor and Toyota are part of what make this sale a strong opportunity for companies outside of the energy services sector,” said Wayne Hecht, senior eirector of Operations at Tiger Commercial & Industrial.
Gulfport, Mississippi-based El Dorado filed for Chapter 11 this past December in the U.S. Bankruptcy Court for the Southern District of Mississippi. The company held a diverse array of equipment at 37 locations.
Asset photos, descriptions, and inspection or other information, can be found HERE.
Tiger Group provides asset valuation, advisory and disposition services to a broad range of retail, wholesale, and industrial clients. With more than 40 years of experience and significant financial backing, Tiger offers a uniquely nimble combination of expertise, innovation and financial resources to drive results. Tiger’s seasoned professionals help clients identify the underlying value of assets, monitor asset risk factors and provide capital or convert assets to capital quickly and decisively. Tiger maintains offices in New York, Los Angeles, Boston, Chicago, Houston, and Toronto.
Liquidity Services operates the world’s largest B2B e-commerce marketplace platform for surplus assets with more than $10 billion in completed transactions to more than five million qualified buyers and 15,000 corporate and government sellers worldwide. The company supports its clients’ sustainability efforts by helping them extend the life of assets, prevent unnecessary waste and carbon emissions, and reduce the number of products headed to landfills.
Be in-the-know when you’re on-the-go!
FREE eNews delivery service to your email twice-weekly. With a focus on lead-driven news, our news service will help you develop new business contacts on an on-going basis.
CLICK HERE to register your email address.
Copyright © 2024 Mining Connection LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
For licensing permission, .(JavaScript must be enabled to view this email address)
