31,313' UNUSED 1.24" COIL TUBING SPOOL 15619

Internet Premium: 7%

Payment Options: Check, Wire Transfer, Credit Card

Payment Instructions: There is a 5% total Buyer's Fee plus the 2% Internet Purchase Fee. In order to be approved for this auction, BidSpotter and the Auctioneer require the following:

Your BidSpotter account must be in good standing for US buyers $5,000 credit card authorization deposit for all International buyers This auction requires a credit card validation as stated in the Terms & Conditions and it will be held for 7 days. I authorize BidSpotter to charge this amount using the credit card information I have provided. I agree that I will pay, indemnify and hold BidSpotter harmless against any liability pursuant to this authorization. I agree that I waive the right to dispute this charge with my credit card company without any limitations. I further agree to be held liable for any legal fees associated with the collection of these funds. Failure to pay for the item(s) that you are the successful bidder on will result in a penalty in the amount of 25% of the purchase price of the item(s). This penalty must be paid to the Auction Company within 48 hours of the auction.

a. All purchases shall be Paid in Full in negotiable U.S. funds on the day of auction unless expressly agreed in writing by PI prior to commencement of auction.

b. Accepted forms of payment include wire transfers and company and personal checks if accompanied by an irrevocable Bank Letter of Guarantee unless Bidder is pre-qualified by PI prior to the date of auction.​​​​

c. Permian International Energy Services is now accepting credit card payments. A 3% convenance fee will be applied per transaction with a $5,000 credit limit.

d. Buyer waives the right to stop payment on any check or monies given as payment.

e. Buyer agrees to pay an administrative fee of FIVE (5%) ONSITE & SEVEN (7%) ONLINE, or other amount as may be stated in the auction sale catalog, to be added to the auction sales price of each lot. See PI webpage for details of each auction.

f. Buyer may receive lots purchased upon payment of funds due according to checkout procedures outlined in the Auction Sale Catalog.

​g. PI reserves the right to hold any purchase until funds have been confirmed and all documentation has been completed by Buyer.

h. PI may hold all purchases by a Buyer approved for partial payment until the full amount has been paid. A two percent (2%) late fee will be charged if full payment is not received within five (5) business days following the auction.

Currency Type: USD

Shipping Instructions: Please contact the auction company for pickup and removal times.

Preview Date & Times: Please contact the auction company for preview dates & times.

Checkout Date & Times: Please contact the auction company for checkout dates & times.

Location: 4006 South County Road 1232, Midland, TX 79701

Driving Directions:

Special TermsThere is a 5% total Buyer's Fee which plus the 2% Internet Purchase Fee. In order to be approved for this auction, BidSpotter and the Auctioneer require the following: Your BidSpotter account must be in good standing for US buyers $5,000 credit card authorization deposit for all International buyers This auction requires a credit card validation as stated in the Terms & Conditions and it will be held for 7 days. I authorize BidSpotter to charge this amount using the credit card information I have provided. I agree that I will pay, indemnify and hold BidSpotter harmless against any liability pursuant to this authorization. I agree that I waive the right to dispute this charge with my credit card company without any limitations. I further agree to be held liable for any legal fees associated with the collection of these funds. Failure to pay for the item(s) that you are the successful bidder on will result in a penalty in the amount of 25% of the purchase price of the item(s). This penalty must be paid to the Auction Company within 48 hours of the auction.

1) There is a 5% total Buyer's Fee plus the 2% Internet Purchase Fee. Failure to make payment in full to the Auctioneer will result in a Penalty charge of 25% of the sale price plus all buyer fees and Internet purchase fee.

2) Applicable State of TX Sales Tax will be charged on all Lots unless you are exempt from Sales Tax and you provide tax exemption form and exception certificates that are acceptable to the State of TX.

3) Payment in full must be made WITHIN 3 BUSINESS DAYS OF THE AUCTION in the form Cash, Wire Transfer, Cashier's Check or a Company Check accompanied with a bank letter of guarantee.

4) All purchases must be removed from the premises TWO (2) WEEKS AFTER THE AUCTION DATE.

5) Bidders are to be held personally liable for any bids made with their Bidding Number.

6) The highest bidder for each Lot shall be the Purchaser, and in the event of any dispute the Auctioneers shall have absolute discretion either to settle such dispute or to re-offer the lot for re-sale.

7) The Auctioneer and BidSpotter accept no liability for loss or damage howsoever arising from any Lots not presented for sale.

8) The Auctioneer and BidSpotter have described the Lot(s) in the catalog to the best of their ability and belief from information furnished by the Vendor(s) who shall be alone responsible for any error or miss-statement, which there may be. The Auctioneer and BidSpotter undertake no liability whatever in respect of any faults, deficiencies and errors of any description, oral or printed, nor do they accept responsibility for the authenticity, genuineness, origin, age, condition or quality of any Lot(s) and all statements as to these matters whether contained in the catalog or made orally are statements of opinion only and not to be taken as being or implying a statement or representation of fact

9) Each and every Lot is sold 'as is, where is'. The Auctioneer and BidSpotter provide no guarantees or warranties (express or implied) in respect of the Equipment contained in the Lot. All representations made by the Auctioneer and BidSpotter, its servants or agents are to be considered lay opinions only and the Auctioneer and BidSpotter accept no liability for any purchase made by a Buyer in reliance upon them.

10) The Buyer agrees to insure the Equipment purchased against all losses from the Auction Date until removal of the Equipment by the Buyer.

11) The Buyer acknowledges he/she has read and agrees to be bound by the additional terms and conditions set forth.