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Public Announcement: (12) Drilling Rigs To Be Sold at Liquidation Auction

Minimum Package Price $85Million

Public Notice of Liquidation Auction
(12) Drilling Rigs
To Be Auctioneed 12/19/19
 

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Call NOW! (800) 952-1973

Listing Details

JDC Drilling specializes in land-based drilling rig operations in the Mid-Continent and Permian basin. Asset package includes 12 drilling rigs (9 SCR and 3 Mechanical). 10 of the rigs are currently stored in the company’s Yukon, OK yard with the remaining 2 operating in New Mexico. 

Prospective bidders may request the opportunity to inspect the tangible collateral that is maintained at the company’s premises by making a request as noted below.

The public auction will take place on 12/19/19 in Texas at the law offices of Paul Hastings LLP, 600 Travis Street, Fifty-Eighth Floor, Houston, TX 77002.  All interested prospective purchasers are invited to become Qualified Bidders. Only Qualified Bidders will be permitted to attend the public auction. The terms of sale may be obtained by making a request as noted below.

PAUL HASTINGS LLP, Attorneys for Secured Party, 600 Travis Street,
Fifty-Eighth Floor, Houston, TX 77002, Tel: 1 (213) 683-6102
Email: whiteoakjdc@paulhastings.com

Rig Specs and Photos:
https://jdcdrilling.com/rig-fleet/ [jdcdrilling.com]

Listing No. 286