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

Core Insights - Liquidity Services and Tiger Group are conducting the fifth auction related to the bankruptcy of El Dorado Gas & Oil, featuring over 230 energy assets available until August 28, 2024 [1][2] - The auction presents a unique opportunity for oil and gas operators and equipment dealers to acquire equipment at significantly lower prices than new [2] Group 1: Auction Details - The auction includes a variety of high-value energy assets such as drilling rigs, fracking equipment, pumps, and compressors [2] - Notable items available for bidding include a Siebert Heavy Haul Trailer, Frac Pump Skid, and a 2011 Hydra Rig Coiled Tubing Trailer [2] Group 2: Company Background - AllSurplus is recognized as the leading online marketplace for surplus business assets, offering sellers control and lower fees compared to traditional auction methods [3] - Liquidity Services, the parent company of AllSurplus, has a strong reputation in the surplus industry, having supported millions of customers globally [3] Group 3: Tiger Group Overview - Tiger Group specializes in asset valuation, advisory, and disposition services, leveraging over 40 years of experience [4] - The company provides clients with expertise in identifying asset value and managing asset risk factors [4]