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Coil Tubing - 2.6" x 0.204 WT, HT-125

2026-06-29 — 2026-07-25 Closed Bid

Auction Type:          Closed Bid – Highest Compliant Bid
Reserve:                   No Reserve (Seller reserves the right to accept or reject any bid)

Closing for Offers:  July 25, 2026

(1) Used Reel - 2.6" x 0.204 WT, HT-125 Coil Tubing

(1) Unused Reel - 2.6" x 0.204 WT, HT-125 Coil Tubing

Located in Red Deer, Alberta

Asset Condition
•    Assets sold AS IS, WHERE IS, with no warranties expressed or implied.
•    All available documentation is attached to the Ironhub listings.
•    Mixed used conditions as described in listing.
•    Buyers are responsible for independent verification and inspection.
Inspection
•    Site access by appointment only.
•    PPE required (hard hat, CSA boots, safety glasses).
•    Buyers must comply with all site safety and access protocols.
Bid Submission
•    All bids must be submitted through the IronHub platform prior to closing time.
•    Late bids will not be accepted.
•    Seller approval required following auction close.
Award & Approval
•    Internal review process following close.
•    Estimated award notification: 5–7 business days post-close.
•    Partial awards permitted at Seller discretion.
Payment Terms
•    Successful bidder will receive Bill of Sale and invoice.
•    Full payment required prior to asset release.
Removal & Logistics
•    Buyer responsible for:
o    All loading
o    Transportation
o    Rigging
o    All removal costs
•    Removal timeline: 15–30 days from Bill of Sale execution, subject to site coordination and weather conditions.
•    FOB yard (as specified per listing).
Liability
•    IronHub acts as marketing and transaction facilitator only.
•    Title transfers upon full payment.
 

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