Heritage Global Partners to Conduct Auction of Surplus Tractors, Trailers & Generators From Halliburton’s Duncan, OK Site

March 24, 2021 – March 25, 2021

https://www.hgpauction.com/auctions/106200/halliburton/

SAN DIEGO--(BUSINESS WIRE)--Heritage Global Partners (“HGP”), a worldwide leader in asset advisory and auction services, and a subsidiary of Heritage Global Inc. (Nasdaq: HGBL) today announced that it will conduct an online auction of surplus tractors, trailers and generator assets from Halliburton’s Duncan, Oklahoma site.

The online auction will open on March 24, 2021 and will close on March 25, 2021. The sale catalog is currently posted with equipment photos, descriptions and links to the auction registration.

David Barkoff, Senior Vice President at HGP commented, “We are excited to partner with and assist Halliburton with the sale of its surplus and idle fleet in Duncan and believe these assets will generate strong bidding interest from those in the oil and gas and related energy sectors seeking to add to their fleet.”

Over 200 assets are included for auction, including:

• (100+) Kenworth T800B Tractors
• (24) Worley Welding Works, Inc 4000G - 5350G Trailers
• (12) Trail King 1000CF Trailers
• (20) HES-Duncan 12V4000 T4i MTU Trailers
• (19) HES-Duncan 400G Acid Tank & Trailers
• (20) TRL Chassis
• (3) Nabors 40-48Ft Flatbed Trailers
• (1) Hobbs 40-48Ft Flatbed Trailer
• (10) Onan DSFAD 60kW Generators
• (1) Crane Boom

About HGP

Heritage Global Partners, Inc. Is a subsidiary of Heritage Global Inc. (NASDAQ:HGBL) and one of the world’s largest industrial auction firms, providing asset valuation, acquisition and disposition services.

About Heritage Global Inc.

Heritage Global Inc. (NASDAQ: HGBL) is an asset services company specializing in financial and industrial asset transactions. The company provides a full suite of services including market making, acquisitions, dispositions, valuations and secured lending. Heritage Global focuses on identifying, valuing, acquiring and monetizing underlying tangible and intangible assets across twenty-eight global sectors. The company acts as an adviser, as well as a principal, acquiring or brokering turnkey manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, accounts receivable portfolios, intellectual property, and entire business enterprises.