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Tiger Group and Liquidity Services to Liquidate Well Production, Test Equipment and Other Oil-and Gas-Sector Assets in Online Auction
--Equipment from PPS Operators, LLC, also includes line heaters and separators, frac tanks, rolling stock, portable flare units and a massive amount of pipe,
About this update from Liquidity Services, Inc.
[{"type":"text","content":"--Equipment from PPS Operators, LLC, also includes line heaters and separators, frac tanks, rolling stock, portable flare units and a massive amount of pipe, flanges, valves and fittings; bidding closes on Feb. 17\n\n\nAMITY, Pa., Feb. 9, 2022 /PRNewswire/ -- Buyers in the quickly rebounding oil-and-gas sector can acquire well production, test equipment and other assets in a timed, online auction by Tiger Group and Liquidity Services.\nBidding on the diverse array of assets from PPS Operators, LLC, opens on Thursday, February 10, at 10:30 a.m., and closes on Thursday, February 17, at 10:30 a.m. (ET).\nLocated in a strategic basin in Amity, Pennsylvania, the equipment on offer includes a massive lot of pipe, valves, flanges and fittings—more than 6,000 items in total and more than 20,000 feet of 15,000 PSI flowline and pup joints.\nAlong with portable flare trailers and 500bbl frac tanks, the sale includes line heaters rated at 10,000 PSI; separators; scrubbers, plug catchers and filters; and choke manifolds\nRolling stock assets include trailers and a JLG Telehandler.\n\"Traditionally, many companies have rented the specialized equipment needed for well production and testing, but with surging energy demand and an ongoing supply-chain crisis, now is an excellent time to acquire such assets at auction,\" said Chad Farrell, Managing Director, Tiger Commercial & Industrial.\nFor asset photos, descriptions, bidding and other information, visithttps://soldtiger.com/sales/well-production-testing-equipment/\nThe inventory is available for inspection, by appointment only, at from 10 a.m. to 4 p.m. (ET) on Wednesday, February 16.\nTo arrange an inspection or obtain other information, email: [email protected] or call (805) 497-4999.\nAbout Tiger GroupTiger Group provides asset valuation, advisory and disposition services to a broad range of retail, wholesale, and industrial clients. With over 45 years of experience and significant financial backing, Tiger offers a uniquely nimble combination of expertise, innovation and financial resources. Tiger's seasoned professionals help clients identify the underlying value of assets, monitor asset risk factors and, when needed, provide capital or convert assets to capital quickly and decisively. To learn more, please visit www.TigerGroup.com\nAbout Liquidity ServicesLiquidity Services (NASDAQ...