Energy Equipment Up for Bid in Liquidity Services Online Auction Event

Liquidity Services (NASDAQ:LQDT), a global solution provider in the reverse supply chain with the world’s largest marketplace for business surplus, is pleased to have partnered with Endeavor Energy Resources to manage the sale of over 200 pumping units for the oil and gas industry located in Midland, TX. The sale is being conducted on Network International, Liquidity Services’ online marketplace for idle and used energy equipment, through January 11, 2018.

Available assets in the sale include complete pumping units, gearboxes, components, and other parts from top manufacturers including Lufkin, America, Oilwell, Aledo, Churchill, Morgan, Oemic, Cabot, Weatherford, and more. All asset listings can be viewed and bid on at the Endeavor Energy Resources online sale page.

“Oil prices are steadily increasing and are forecasted to keep moving upward making this is a perfect time to purchase these assets at a great price,” said Mike Besecker for Liquidity Services. “With strong expectations for solid global economic growth supporting high oil demand, this is a unique opportunity for operators and other pumping unit buyers to lower their equipment acquisition costs as they prepare for more activity. We provide our buyers an efficient platform to confidently purchase quality assets from anywhere in the world through secure and transparent transactions on our Network International marketplace.”

Network International is a global online marketplace powered by Liquidity Services that seamlessly connects buyers of oil and gas assets with sellers from leading energy companies. With a best-in-class online platform, responsive support, and partnerships with leading energy companies, we provide a superior marketplace experience that helps buyers grow their businesses and sellers maximize recovery for surplus assets.

About Liquidity Services
Liquidity Services (NASDAQ:LQDT) employs innovative e-commerce marketplace solutions to manage, value and sell inventory and equipment for business and government clients. The company operates a network of leading e-commerce marketplaces that enable buyers and sellers to transact in an efficient, automated environment offering over 500 product categories. Our superior service, unmatched scale and ability to deliver results enable us to forge trusted, long-term relationships with over 10,000 clients worldwide. With nearly $7 billion in completed transactions, and 3 million buyers in almost 200 countries and territories, we are the proven leader in delivering smart commerce solutions. Visit us at LiquidityServices.com.

Contact

Liquidity Services
Julie Davis, 202.558.6234
Senior Director
[email protected]