The fifth in a series of court-ordered auctions will feature more than 230 lots featuring sand kings, frac pumps, nitrogen pumps and more through August 28.
BETHESDA, Md., Aug. 23, 2024 (GLOBE NEWSWIRE) — Liquidity Services (NASDAQ: LQDT), a leading global trading company advancing the circular economy, and Tiger Group, a major provider of asset valuation, advisory and disposition services, announced the fifth auction in a series of court-ordered auctions related to the bankruptcy of national energy services company El Dorado Gas & Oil (Bankruptcy Case No. 23-51715). More than 230 energy assets based in Three Rivers, Texas are currently available on AllSurplus.com through August 28, 2024.
“The bankruptcy liquidation of El Dorado Gas & Oil’s 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 wide variety of equipment at prices well below new,” said Trey Valentino, account manager at Liquidity Services. “Equipment available from this sale includes drilling rigs and equipment, fracking and gas processing equipment, pumps, compressors, machine parts and much more.”
The auction includes a mix of high-quality energy assets, including a Siebert heavy-duty trailer, Frac pump sled, 2011 Hydra Rig Coiled Tubing Trailerand more.
To view and bid on available units with no buyer’s premium or to schedule a personal inspection, visit AllSurplus.comFor more information about the Tiger Group, please visit TigerGroup.com.
About AllSurplus
AllSurplus is the world’s leading online marketplace for surplus business assets, from heavy equipment to transportation and industrial machinery. AllSurplus is the smartest and fastest way to sell inventory and equipment because it allows sellers to post and manage their listings directly and within 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 around the world. AllSurplus buyers have direct access to all surplus assets across Liquidity Services’ entire marketplace network in one central location.
About the Tiger Group
The 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 flexible combination of expertise, innovation and financial resources to deliver results. Tiger’s experienced professionals help clients identify the underlying value of assets, monitor asset risk factors and deploy capital or convert assets into capital with speed and decisiveness. Tiger has offices in New York, Los Angeles, Boston, Chicago, Houston and Toronto.
Contact:
Liquidity Services, Inc.
Public relations
[email protected]
