Liquidity Services to Auction Surplus Oil and Gas Equipment
Liquidity Services Auctions Oil and Gas Equipment
Liquidity Services (NASDAQ: LQDT), a prominent global commerce facilitator, is making waves in the oil and gas sector with an exciting auction of more than 30 workover rigs. These rigs include notable names like Cameron, Watson Corsair, Rig Works, and Franks, available for bid on AllSurplus.com, an established marketplace for surplus business assets.
A Unique Opportunity for Industry Players
This auction presents a golden opportunity for businesses within the oil and gas industry. These premium workover rigs, becoming available to the market, offer substantial potential at competitive prices. Companies can choose to place bids on individual rigs or the entire collection, allowing for flexibility in their purchasing approach.
Why Choose AllSurplus for Surplus Assets?
Darron Hanner, vice president of business development at Liquidity Services, highlighted the benefits of their extensive market reach and competitive bidding platform. He emphasized that this auction not only allows for competitive purchasing but also plays a significant role in sustainability. By facilitating these sales, Liquidity Services helps reduce the demand for new manufacturing and minimizes waste that typically contributes to landfills.
Submission Process for Bids
The bidding process will remain sealed until the auction closes, ensuring confidentiality and competition among bidders. This added layer of security allows participants to focus on maximizing their investment without worry. Interested parties can easily navigate to AllSurplus.com to view the available equipment and submit bids before the closing date.
About Liquidity Services and AllSurplus
AllSurplus operates under Liquidity Services, a trusted name in surplus business assets. The marketplace facilitates swift listings, enabling sellers to launch and manage their inventory efficiently, yielding lower fees compared to conventional auction solutions. With a vast network of marketplaces, buyers gain direct access to numerous surplus assets, streamlining their purchasing experience.
Connect with Liquidity Services
For further inquiries or information about this auction, stakeholders can reach out to Liquidity Services’ public relations team via email. They are poised to assist clients and prospective bidders in navigating this exciting sale of surplus oil and gas equipment.
Frequently Asked Questions
What types of equipment are being auctioned?
The auction includes over 30 workover rigs from reputable brands such as Cameron, Watson Corsair, Rig Works, and Franks.
How can I place a bid on the equipment?
Bids can be submitted on AllSurplus.com, where bidders can choose to place offers on individual rigs or the entire collection.
What is the auction's closing date?
The auction is set to close soon, so it's important to place your bids before the deadline to ensure participation.
Who can benefit from this auction?
Businesses within the oil and gas industry looking to acquire competitive workover rigs can significantly benefit from this auction.
How does this auction contribute to sustainability?
By selling surplus assets, Liquidity Services helps reduce the need for new equipment manufacturing, thus minimizing landfill waste and supporting a circular economy.
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