Time Remaining
Coil Tubing - 2.6" x 0.204 WT, HT-125
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.