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High-Value Energy Equipment Assets for El Dorado Gas and Oil to be Sold by AllSurplus and Tiger Group

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Liquidity Services (NASDAQ: LQDT) and Tiger Group have announced the fifth auction in a series of court-ordered auctions related to the bankruptcy of El Dorado Gas & Oil. Over 230 energy assets located in Three Rivers, Texas are available until August 28, 2024 on AllSurplus.com. The auction includes high-value equipment such as sand kings, frac pumps, and nitrogen pumpers.

This sale is part of the ongoing bankruptcy liquidation of El Dorado Gas & Oil's estate assets, managed by Liquidity Services and Tiger Group since mid-July. The auction offers oil and gas operators and equipment dealers the opportunity to acquire a wide range of equipment at prices significantly below new. Available items include drilling rigs, fracking and gas processing equipment, pumps, compressors, and machine shop items.

Liquidity Services (NASDAQ: LQDT) e Tiger Group hanno annunciato la quinta asta di una serie di aste ordinate dal tribunale, riguardanti la bancarotta di El Dorado Gas & Oil. Sono disponibili oltre 230 beni energetici situati a Three Rivers, in Texas, fino al 28 agosto 2024 su AllSurplus.com. L'asta include attrezzature di alto valore come i sand kings, i frac pumps e i nitrogen pumpers.

Questa vendita fa parte della liquidazione in corso dei beni patrimoniali di El Dorado Gas & Oil, gestita da Liquidity Services e Tiger Group da metà luglio. L'asta offre agli operatori di petrolio e gas e ai rivenditori di attrezzature l'opportunità di acquisire un'ampia gamma di attrezzature a prezzi significativamente inferiori rispetto al nuovo. Gli articoli disponibili includono impianti di perforazione, attrezzature per fracking e lavorazione del gas, pompe, compressori e articoli per officine meccaniche.

Liquidity Services (NASDAQ: LQDT) y Tiger Group han anunciado la quinta subasta de una serie de subastas ordenadas por el tribunal relacionadas con la bancarrota de El Dorado Gas & Oil. Hay más de 230 activos energéticos ubicados en Three Rivers, Texas, disponibles hasta el 28 de agosto de 2024 en AllSurplus.com. La subasta incluye equipos de alto valor como sand kings, frac pumps y nitrogen pumpers.

Esta venta es parte de la liquidación en curso de los activos patrimoniales de El Dorado Gas & Oil, gestionada por Liquidity Services y Tiger Group desde mediados de julio. La subasta ofrece a los operadores de petróleo y gas y a los distribuidores de equipos la oportunidad de adquirir una amplia gama de equipos a precios significativamente inferiores a los nuevos. Los artículos disponibles incluyen plataformas de perforación, equipos de fracturación y procesamiento de gas, bombas, compresores y artículos de taller.

Liquidity Services (NASDAQ: LQDT)와 Tiger Group은 El Dorado Gas & Oil의 파산과 관련하여 법원에서 명령한 일련의 경매 중 다섯 번째 경매를 발표했습니다. 텍사스 삼강(Three Rivers)에 위치한 230개 이상의 에너지 자산2024년 8월 28일까지 AllSurplus.com에서 이용 가능하니다. 이 경매에는 샌드 킹(sand kings), 프랙 펌프(frac pumps), 질소 펌퍼(nitrogen pumpers)와 같은 고가의 장비가 포함됩니다.

이번 판매는 Liquidity Services와 Tiger Group이 7월 중순부터 관리하고 있는 El Dorado Gas & Oil의 자산 청산 과정의 일환입니다. 이 경매는 석유 및 가스 운영자와 장비 딜러에게 신규 가격보다 상당히 낮은 가격에 다양한 장비를 취득할 수 있는 기회를 제공합니다. 이용 가능한 품목으로는 드릴링 리그(drilling rigs), 프래킹 및 가스 처리 장비, 펌프, 압축기, 기계 공장 용품이 포함됩니다.

Liquidity Services (NASDAQ: LQDT) et Tiger Group ont annoncé la cinquième enchère d'une série d'enchères ordonnées par le tribunal concernant la faillite d'El Dorado Gas & Oil. Plus de 230 actifs énergétiques situés à Three Rivers, au Texas, sont disponibles jusqu'au 28 août 2024 sur AllSurplus.com. L'enchère comprend des équipements de grande valeur tels que des sand kings, des frac pumps et des nitrogen pumpers.

Cette vente fait partie de la liquidation en cours des actifs d'El Dorado Gas & Oil, gérée par Liquidity Services et Tiger Group depuis la mi-juillet. L'enchère offre aux opérateurs de pétrole et de gaz et aux revendeurs d'équipements l'opportunité d'acquérir un large éventail d'équipements à des prix nettement inférieurs à ceux du neuf. Les articles disponibles comprennent des foreuses, des équipements de fracturation et de traitement du gaz, des pompes, des compresseurs et des articles pour ateliers de mécanique.

Liquidity Services (NASDAQ: LQDT) und Tiger Group haben die fünfte Auktion in einer Reihe von gerichtlich angeordneten Auktionen bekannt gegeben, die sich auf die Insolvenz von El Dorado Gas & Oil beziehen. Über 230 Energieanlagen in Three Rivers, Texas, sind bis zum 28. August 2024 auf AllSurplus.com verfügbar. Die Auktion umfasst wertvolle Ausrüstungen wie Sand Kings, Frac Pumps und Nitrogen Pumpers.

Dieser Verkauf ist Teil der laufenden Liquidation der Nachlassvermögen von El Dorado Gas & Oil, die seit Mitte Juli von Liquidity Services und Tiger Group verwaltet wird. Die Auktion bietet Öl- und Gasbetrieben sowie Ausrüstungsanbietern die Möglichkeit, eine Vielzahl von Ausrüstungen zu Preisen zu erwerben, die deutlich unter denen neuer Artikel liegen. Zu den verfügbaren Artikeln gehören Bohranlagen, Fracking- und Gasverarbeitungsgeräte, Pumpen, Kompressoren und Maschinenwerkstattartikel.

Positive
  • Liquidity Services is managing a high-value asset liquidation, potentially generating significant revenue
  • The auction includes over 230 lots of energy equipment, indicating a large-scale operation
  • No buyer's premium on available equipment, potentially attracting more bidders
Negative
  • None.

The fifth in a series of court-ordered auctions, more than 230 lots of sand kings, frac pumps, nitrogen pumpers, and more are available until August 28

BETHESDA, Md., Aug. 23, 2024 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ: LQDT), a leading global commerce company powering the circular economy and Tiger Group, a major asset valuation, advisory and disposition services provider, have announced the fifth auction in a series of court-ordered auctions related to the bankruptcy of national energy services firm El Dorado Gas & Oil (Bankruptcy Case No. 23-51715). More than 230 energy assets based in Three Rivers, Texas are currently available until August 28, 2024 on AllSurplus.com.

"The bankruptcy liquidation of El Dorado Gas & Oil's estate assets has been managed by Liquidity Services and Tiger Group since mid-July, and has proven to be a unique opportunity for oil and gas operators and equipment dealers to acquire a vast array of equipment at prices significantly below new," said Trey Valentino, account executive at Liquidity Services. "Available equipment from this sale includes drilling rigs and equipment, fracking and gas processing equipment, pumps, compressors, machine shop items and much more."

The auction contains a mix of high-value energy assets including a Siebert Heavy Haul Trailer, Frac Pump Skid, 2011 Hydra Rig Coiled Tubing Trailer, and more.

To view and bid on the available equipment, which have no buyer’s premium, or to schedule an in-person inspection, visit AllSurplus.com. For more about Tiger Group, visit TigerGroup.com.

About AllSurplus
AllSurplus is the world’s leading online marketplace for surplus business assets, ranging from heavy equipment to transportation and industrial machinery. AllSurplus is the smartest, fastest way to sell inventory and equipment as sellers can directly launch and manage their listings in just days with more control and lower fees than traditional auction solutions. AllSurplus is powered by one of the most experienced and trusted companies in the surplus industry: Liquidity Services (NASDAQ:LQDT), which has supported millions of customers across the globe. AllSurplus buyers have direct access to all the surplus assets across Liquidity Services’ network of marketplaces in one centralized location.

About Tiger Group
Tiger Group provides asset valuation, advisory and disposition services to a broad range of retail, wholesale, and industrial clients. With over 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.

Contact:
Liquidity Services, Inc.
Public Relations
publicrelations@liquidityservices.com


FAQ

When does the Liquidity Services auction for El Dorado Gas & Oil assets end?

The auction for El Dorado Gas & Oil assets, managed by Liquidity Services (NASDAQ: LQDT), ends on August 28, 2024.

What types of assets are available in the Liquidity Services auction for El Dorado Gas & Oil?

The auction includes over 230 lots of energy assets such as sand kings, frac pumps, nitrogen pumpers, drilling rigs, fracking and gas processing equipment, pumps, compressors, and machine shop items.

Where are the assets located for the Liquidity Services auction of El Dorado Gas & Oil equipment?

The energy assets available in the Liquidity Services (NASDAQ: LQDT) auction for El Dorado Gas & Oil are located in Three Rivers, Texas.

Is there a buyer's premium for the Liquidity Services auction of El Dorado Gas & Oil assets?

No, there is no buyer's premium for the equipment available in the Liquidity Services (NASDAQ: LQDT) auction of El Dorado Gas & Oil assets.

Liquidity Services, Inc.

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