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HYPERAMS to Auction for Oil Field Services Company

February 20, 2015, 07:04 AM
Filed Under: Industry News
Related: Auctions, HyPERAMS

HYPERAMS is conducting a complete liquidation of inventory and support equipment of Tripoint, LLC; a major conventional well finishing services company.  After a successful sealed bid offering of much of the inventory, which was completed in January, a live and webcast auction is being conducted at the Broussard, LA location on Tuesday, February 24, 2015.

Assets included in the auction are Yale and Hyster Fork Lifts, a Large Quantity of Ford Trucks, TopHat Trailers, Dual and Single Sand Injector Pots, Heavy Duty Pipe Production Baskets, Horizontal Band Saws, Sharp Lathe, Ganesh CNC Vertical Milling Machine, C-frame Screw Type Presses, Rigid Chain Vise, Jet Pneumatic Grinders and Buffers, Carbide Cutting Tools, Welding Tables, Ridgid Aluminum and Heavy Duty Pipe Wrenches, Dewalt Makita Right Angle Grinders and more.

The remaining inventory includes a large selection of Packer Parts, Bridge Plugs, Cement Retainer Slips, Combo Couplings, Seal Assemblies, Redress Kits and more.

The HYPERAMS Asset Disposition Team focuses on investing in the excess assets of healthy and distressed companies operating in the middle market and below. HYPERAMS' Appraisal Team provides valuations of machinery and equipment in most industry verticals, and of consumer product inventory.

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