AllSurplus Partners with Tiger Group to Sell Energy Equipment Assets for El Dorado Gas and Oil

Source: www.gulfoilandgas.com 8/5/2024, Location: North America

Liquidity Services0 a leading global commerce company powering the circular economy, has partnered with Tiger Group, a major asset valuation, advisory and disposition services provider, to sell energy equipment and related assets on behalf of national energy services firm El Dorado Gas & Oil, Inc as part of a series of court-ordered online auctions related to the organization’s bankruptcy (Bankruptcy Case No. 23-51715). More than 300 energy assets based in Alice, Texas and Tilden, Texas are currently available until August 13, 2024 on AllSurplus.com.

"This online auction represents a strong opportunity for oilfield and well services companies to enhance their oilfield pumping, fracking, and tractor fleets," said Nick Taylor, Liquidity Services senior vice president and managing director, Capital Assets Group. "In addition to the strong value inherent to a bankruptcy liquidation, the equipment in this sale has high utility, given the wide array of oilfield equipment available in this auction."

The auction contains a mix of high-value energy assets including a SPN Trailer Mounted Pump, a 2018 Bar H Welding Sand Separator Trailer, a 2017 Wier SPM Frac Pump Trailer, and more.


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