Media Advisory - Hundreds of frac tanks to be sold by live simulcast at Ritchie Bros. Houston auction site
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Media Advisory - Hundreds of frac tanks to be sold by live simulcast at
Ritchie Bros. Houston auction site
HOUSTON, Nov. 28 /PRNewswire-FirstCall/ - On Wednesday, December 2, 2009
starting at approximately 8:30 a.m. CST, Ritchie Bros. Auctioneers (NYSE and
TSX: RBA), the world's largest industrial auctioneer, will be selling over
1,200 frac tanks by live simulcast at its permanent auction site in Houston,
TX. The frac tanks are included in more than 4,000 items being sold in a
two-day, record-breaking unreserved public equipment auction held at the
Company's permanent auction site in Fort Worth, TX on the same day.
A frac tank is a mobile on-site storage container used for holding water and
other liquids in oilfield operations or on large scale clean-up projects. All
the tanks will be sold remotely using Ritchie Bros. proprietary Virtual Ramp
auction method. A photo of each frac tank will be projected onto a large
screen in the auction theatre while it is being sold. Bid catchers will be at
the Houston auction site in person to catch and relay bids back to the
auctioneer in Fort Worth.
Frac tanks can be inspected before auction day at four separate locations:
Ritchie Bros.' Houston auction site, Ritchie Bros.' Columbus, OH auction site
and two off-site storage facilities located in Aledo, TX and Haslet, TX.
Viewing is by appointment only. Arrangements can be made by contacting the
Fort Worth auction site at +1.817.237.6544. Directions to viewing locations
and equipment details and photos are also available at
www.rbauction.com/fractanks.
Interested buyers can register at the Houston auction site a few days prior to
the live simulcast or on December 2nd prior to the live simulcast, as well as
over the internet if they plan on bidding online or they can contact the
Houston auction site at +1.713.455.5200 to place a proxy bid.
WHO: Ritchie Bros. Auctioneers, world's largest industrial
auctioneer
WHAT: Selling over 1,200 frac tanks at Houston auction site by live
simulcast from Fort Worth
WHEN: Wednesday, December 2, 2009 at approximately 8:30 a.m. CST
WHERE: Ritchie Bros. permanent Houston auction site located at
15500 Eastex Freeway, Humble, TX
Auction site phone: +1.713.455.5200
About Ritchie Bros.
Established in 1958, Ritchie Bros. Auctioneers (NYSE and TSX: RBA) is the
world's largest industrial auctioneer, selling more equipment to on-site and
online bidders than any other company in the world. The Company has over 110
locations in more than 25 countries, including 39 auction sites worldwide.
Ritchie Bros. sells, through unreserved public auctions, a broad range of used
and unused industrial assets, including equipment, trucks and other assets
utilized in the construction, transportation, agricultural, material handling,
mining, forestry, petroleum and marine industries. The Company maintains a web
site at www.rbauction.com and sponsors an equipment wiki at
www.RitchieWiki.com.
SOURCE Ritchie Bros. Auctioneers
Kim Schulz, Manager, Corporate Communications, Ritchie Bros. Auctioneers,
Phone: (778) 331-5442 or email kschulz@rbauction.com; Or Alan McVicker,
Regional Manager, Ritchie Bros. Auctioneers, Houston auction site, tel: (713)
455-5200
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