kruse global energy auction

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Thursday • October 14, 2010 @ 9:00AM MT NISKU, ALBERTA Nisku Recreation Centre 606 – 18 Ave The Auction Company! 800-372-7611 AUCTION AUCTION CATALOG CATALOG Removal Charges will be indicated or announced following the lot number and description. Any applicable removal charges will be added to the buyer’s purchase price. Please read the terms and conditions of the sale located at the back of this catalog and become familiar with them before bidding on any merchandise. If you have any questions regarding the terms or procedures, ask one of our auction representatives and we will be happy to assist you. Again, thank you for your patronage. REMOVAL CHARGES IMPORTANT! Thursday • October 14, 2010 @ 9:00AM MT AUCTION LOCATION Nisku Recreation Centre 606 – 18 Ave Nisku, AB T9E 7V8 780-955-7533 (Phone) 780-955-3968 (Fax) NISKU, ALBERTA 5% GST (Goods and Services Tax) is applicable on all sales. U.S. Buyers may apply for refund or exemption when equipment is exported to U.S. TAX NOTICE The Auction Company!

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October 14 2010 NISKU, AB

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Page 1: Kruse Global Energy Auction

Thursday • October 14, 2010

@ 9:00AM MT

NISKU, ALBERTA

Nisku Recreation Centre

606 – 18 Ave

Thursday • October 14, 2010

@ 9:00AM MT

NISKU, ALBERTA

Nisku Recreation Centre

606 – 18 Ave

The Auction Company!

800-372-7611

AUCTIONAUCTIONCATALOGCATALOG

Removal Charges will be indicated or announced

following the lot number and description. Any

applicable removal charges will be added to the

buyer’s purchase price.

Please read the terms and conditions of the sale

located at the back of this catalog and become

familiar with them before bidding on any

merchandise. If you have any questions regarding

the terms or procedures, ask one of our auction

representatives and we will be happy to assist

you. Again, thank you for your patronage.

REMOVAL CHARGES

IMPORTANT!

Thursday • October 14, 2010@ 9:00AM MT

AUCTION LOCATION

Nisku Recreation Centre

606 – 18 Ave

Nisku, AB T9E 7V8

780-955-7533 (Phone)

780-955-3968 (Fax)

NISKU, ALBERTA

5% GST (Goods and Services Tax) is

applicable on all sales. U.S. Buyers

may apply for refund or exemption

when equipment is exported to U.S.

TAX NOTICE

The Auction Company!

Removal Charges will be indicated or announced

following the lot number and description. Any

applicable removal charges will be added to the

buyer’s purchase price.

Please read the terms and conditions of the sale

located at the back of this catalog and become

familiar with them before bidding on any

merchandise. If you have any questions regarding

the terms or procedures, ask one of our auction

representatives and we will be happy to assist

you. Again, thank you for your patronage.

REMOVAL CHARGES

IMPORTANT!

Thursday • October 14, 2010@ 9:00AM MT

AUCTION LOCATION

Nisku Recreation Centre

606 – 18 Ave

Nisku, AB T9E 7V8

780-955-7533 (Phone)

780-955-3968 (Fax)

NISKU, ALBERTA

5% GST (Goods and Services Tax) is

applicable on all sales. U.S. Buyers

may apply for refund or exemption

when equipment is exported to U.S.

TAX NOTICE

The Auction Company!

Page 2: Kruse Global Energy Auction

YARD DIRECTIONS

& CHECK-OUT INFORMATION

YARD NO. 1 - NISKU, AB

Directions: From the intersection of Queen

Elizabeth 2 and Hwy 19 go West on Hwy 19

Approximately 0.2 KM, then go North (left)

on Sparrow Drive for 0.5 KM to yard on left.

2120 Sparrow Drive, Nisku, AB

Phone 780-955-7533

CHECKOUT Thru Sunday, October 31, 2009

(8am to 5pm) Including Weekends.

The Auction Company!

800-372-7611

YARD DIRECTIONS

& CHECK-OUT INFORMATION

YARD NO. 1 - NISKU, AB

Directions: From the intersection of Queen

Elizabeth 2 and Hwy 19 go West on Hwy 19

Approximately 0.2 KM, then go North (left)

on Sparrow Drive for 0.5 KM to yard on left.

2120 Sparrow Drive, Nisku, AB

Phone 780-955-7533

CHECKOUT Thru Sunday, October 31, 2009

(8am to 5pm) Including Weekends.

The Auction Company!

800-372-7611

The Kruse Global Energy Team

Rob Reeves 780-699-9536

Clarence Shields 780-990-9777

Terry Mielke 780-699-9538

Johnnie Sheilds 403-464-0202

Dean Kruse 800-968-4444

Jim Richie 918-289-1482

Larry Rodgers 780-699-3112

Odessa, TX Office11611 County Road 128 West

Odessa, Texas 79765

Phone: 432-563-2005

Fax: 432-563-7929

Edmonton, AB Office7003 Girard Road

Edmonton, Alberta T6B 2C4

Phone: 800-372-7611

Fax: 780-461-5827

The Auction Company!

800-372-7611

The Kruse Global Energy Team

Rob Reeves 780-699-9536

Clarence Shields 780-990-9777

Terry Mielke 780-699-9538

Johnnie Sheilds 403-464-0202

Dean Kruse 800-968-4444

Jim Richie 918-289-1482

Larry Rodgers 780-699-3112

Odessa, TX Office11611 County Road 128 West

Odessa, Texas 79765

Phone: 432-563-2005

Fax: 432-563-7929

Edmonton, AB Office7003 Girard Road

Edmonton, Alberta T6B 2C4

Phone: 800-372-7611

Fax: 780-461-5827

The Auction Company!

800-372-7611

Page 3: Kruse Global Energy Auction

The Auction Company!

800-372-7611

AUCTION CALENDAR

November 17th & 18th, 2010OKLAHOMA CITY, OKLAHOMA25th Annual Fall Consignment Sale!

Gary Stout

December 1st & 2nd, 2010ODESSA, TEXAS

Drilling & Well Service • Trucks & TrailersSteve Taylor

The Auction Company!

800-372-7611

AUCTION CALENDAR

November 17th & 18th, 2010OKLAHOMA CITY, OKLAHOMA25th Annual Fall Consignment Sale!

Gary Stout

December 1st & 2nd, 2010ODESSA, TEXAS

Drilling & Well Service • Trucks & TrailersSteve Taylor

TABLE OF CONTENTSSkid Steers/Forklift

Rig Camp Support Equip

Drilling Components

Rig Camps

Trucks/Trailers

Snub Unit

Rig #1

Drawworks

Triplex/Duplex Pumps

Engines/Generators

Catwalks

Rig Houses

Mud/Water/Fuel Tanks

Drill Pipe

Rotating/Traveling Equip

Handling Tools

Supply Store Inventory

Related Equipment

Lot 1

Lot 5

Lot 26

Lot 36

Lot 42

Lot 54

Lot 55

Lot 64

Lot 65

Lot 100

Lot 142

Lot 145

Lot 156

Lot 184

Lot 185

Lot 207

Lot 286

Lot 337

The Auction Company!

800-372-7611

TABLE OF CONTENTSSkid Steers/Forklift

Rig Camp Support Equip

Drilling Components

Rig Camps

Trucks/Trailers

Snub Unit

Rig #1

Drawworks

Triplex/Duplex Pumps

Engines/Generators

Catwalks

Rig Houses

Mud/Water/Fuel Tanks

Drill Pipe

Rotating/Traveling Equip

Handling Tools

Supply Store Inventory

Related Equipment

Lot 1

Lot 5

Lot 26

Lot 36

Lot 42

Lot 54

Lot 55

Lot 64

Lot 65

Lot 100

Lot 142

Lot 145

Lot 156

Lot 184

Lot 185

Lot 207

Lot 286

Lot 337

The Auction Company!

800-372-7611

Page 4: Kruse Global Energy Auction

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

SKID STEERS/FORKLIFT

_______ _______ _______1 P 1 DATSUN 4,000# Cap Forklift, p/b

4-Cyl LPG Eng, 40" Forks

_______ _______ _______1 V 2 CLARK C-500 10,000# Forklift,

p/b 4-Cyl Diesel Eng, 4'L Forks,Enclosed Cab

Choice of Lots 3 & 4

_______ _______ _______1 B 3 2004 JOHN DEERE Model 260

Skid Steer Loader S/N-T00260A920260, 0.57 Yrd Bucket

_______ _______ _______1 B 4 2006 JOHN DEERE Model 328

Skid Steer Loader, S/N-T00328B121846, 0.57 YrdBucket, Climate Control Cab

RIG CAMP SUPPORT EQUIPChoice of Lots 5 & 6

_______ _______ _______1 S 5 STAMFORD 40KW Generator p/b

ISUZU 4BG1 Diesel Eng,Radiator, Gauges, Elec Starter,Mtd In a 8'W x 8'L GeneratorHouse w/Elec Control Panels,Skidded

1

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 S 6 STAMFORD 20KW Generator p/b

DEUTZ 3-Cyl Air Cooled DieselEng, 3-Stage Telescoping LightTower, 8'W x 20'L RecyclingContainer w/Wash Room,Incinolet Toilet, Elec ControlPanel, Drums f/Used Oil All Mtdon A 8'W x 30'L Skid w/4'Dia x6'L Fuel Tank

_______ _______ _______1 S 7 STAMFORD 40KW Generator p/b

ISUZU 4JB1PV Diesel Eng,Radiator, Gauges, Elec Starter, 3-Stage Telescoping Light Tower,8'W x 20'L Recycling Containerw/Wash Room, INCINOLETToilet, Used Oil Storage, All MtdOn a 8'W x 30'L Skid w/4'Dia x6'L Fuel Tank

_______ _______ _______1 AB 8 BENNETT & EMMOTT 14KW

Generator p/b KUBOTA V 1902-BG1 Diesel Eng, Radiator,Gauges, Elec Starter, Day TankMtd In a 5'6"W x 8'L InsulatedHouse w/ Elec Control Panels

_______ _______ _______1 S 9 Generator Package

Lots 10 thru 13

_______ _______ _______1 S 10 STAMFORD 40KW Generator p/b

ISUZU 4BD1PV Diesel Eng,Radiator, Gauges, Elec Starter,Day Tank(NOTE: REMOVAL FEE: $200.00)

2

Page 5: Kruse Global Energy Auction

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 S 11 2004 OILCO Model C

1066311B3H 4-Station 60-GalAccumulator, (6) 10-GalAccumulator Bottles, CATTriplex Charging Pump(NOTE: REMOVAL FEE: $400.00)

_______ _______ _______1 S 12 All Mtd In a 8'W x 14'L Utility

House w/5'L Porch, (3) HoseReels w/Hoses

_______ _______ _______1 S 13 4-Station Remote Closing Unit

_______ _______ _______1 S 14 Generator Package

Lots 15 thru 18

_______ _______ _______1 S 15 STAMFORD 40KW Generator p/b

JOHN DEERE 4039DF001 DieselEng, Radiator, Gauges, ElecStarter(NOTE: REMOVAL FEE: $200.00)

_______ _______ _______1 S 16 2006 TRI Model TRI 40 3-Station

40-Gal Accumulator, (4) 10-GalAccumulator Bottles, (2)Nitrogen Bottles, RotaryCharging Pump(NOTE: REMOVAL FEE: $400.00)

_______ _______ _______1 S 17 All Mtd In a 8'W x 12'L Utility

House w/3'L Porch, (3) HoseReels w/Hoses

3

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 S 18 3-Station Remote Closing Unit

_______ _______ _______1 B 19 STAMFORD 156KVA Generator

p/b V-10 Air Cooled Diesel Eng,4'Dia x 6'L Diesel Tank, (2) 1000-Gal LPG Tank, Mtd On a UtilitySkid w/8'W x 16'L GeneratorHouse

Choice of Lots 20 & 21

_______ _______ _______1 B 20 STAMFORD 50KW Generator p/b

ZEXEL 4-Cyl Diesel Eng, 4'Dia x6'L Day Tank, 40"Dia x 26'L FuelTank, All Mtd On a Utility Skidw/8'W x 10'L Generator House

_______ _______ _______1 B 21 STAMFORD 50KW Generator p/b

ZEXEL 4-Cyl Diesel Eng, 3'Dia x6'L Fuel Tank, (2) 3'Dia x 26'LLPG Tanks, All Mtd On a UtilitySkid w/8'W x 12'L GeneratorHouse

_______ _______ _______1 I 22 LIBERTY 100HP Boiler, Mtd In a

12'W x 30'L Boiler House, 8'W x7'H x 6'L Water Tank, 8'W x 7'H x4'L Detachable Fuel Tank,Skidded

4

Page 6: Kruse Global Energy Auction

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

Choice of Lots 23 & 24

_______ _______ _______1 S 23 WILLIAMS & DAVIS 50HP Boiler,

Mtd In a 8'W x 17'L House, 8'W x8'H x 5'6"L Water Tank, 8'W x8'H x 2'L Fuel Tank, HardlineRacks w/Hardlines, Skidded

_______ _______ _______1 S 24 VOLCANO 50HP Boiler, Mtd In

an

_______ _______ _______1 S 25 PK Scalefree Oil Fired Water

Heater

GENERATOR/BOP/CLOSING UNIT/RELATED EQUIP

_______ _______ _______1 S 26 KOHLER 25KW Generator p/b

HERCULES 4-Cyl Diesel Eng

_______ _______ _______1 S 27 SHAFFER Spherical 7-1/16" 5M

Annular BOP Flanged Bottom,Studded Top

_______ _______ _______1 S 28 WAGNER 5-Station Closing Unit,

Triplex Charging Pump p/b 20HPElec Motor, (2) Nitrogen Bottles& Elec Control Panel

_______ _______ _______1 S 29 (2) NEWAY 6" Fig 300 Diverter

Valves, BEST Type 4-1/2"ODCasing Scrapper Dressed f/5-1/2", Change Over & Rock Bit

5

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 S 30 4'Dia x 10'L Blow Down Tank

_______ _______ _______1 S 31 (8) 10-Gal Accumulator Bottles

_______ _______ _______1 S 32 8'W x 20'L Accumulator House,

Skidded

_______ _______ _______1 S 33 8'W x 20'L Container, Skidded

_______ _______ _______1 S 33A 8'W x 20'L Container, Skidded

_______ _______ _______1 S 34 McKINNEY Vacuum Pump, Elec

Control Panel & Misc Tank,Hoses

_______ _______ _______1 S 35 (2) 8" x 250 PSI x 15'L Hoses

RIG CAMPSChoice of Lots 36 & 37

_______ _______ _______1 B 36 1996 LYKAL 12'W x 56'L Double

End Wellsite, w/(2) Bedrooms,Kitchens & Central Office,Central Heat & Air Conditioner,Central Vac, Washer/Dryer, 3-Runner Skid

6

Page 7: Kruse Global Energy Auction

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 B 37 1996 LYKAL 12'W x 56'L Double

End Wellsite, w/(2) Bedrooms,Kitchens & Central Office,Central Heat & Air Conditioner,Central Vac, Washer/Dryer, 3-Runner Skid

_______ _______ _______1 B 38 1997 ALTA FAB, 12'W x 59'L Dbl

End Wellsite, w/Office/KitchenArea, (2) Bedroom, Ea w/ExitDoor & Bathroom, FullyFurnished, Winterized, CentralVac, Washer/Dryer, 3-RunnerSkid

_______ _______ _______1 B 39 2004 ATCO 11'W x 44' Trailer

Mtd Job Site Shack, w/(1)Bedroom, Bathroom, CentralOffice/Kitchen, Laundry Room,Tool Room, Fully Furnished, MtdOn BOW-RIDGE T/A Trailer

_______ _______ _______1 B 40 TRAVCO 12'W x 42'L Wellsite

w/Office/Kitchen Area, (1)Bedroom, (2) Bathrooms,Storage Room, Skidded

_______ _______ _______1 B 41 NORTHGATE Sgl Entry, 10'W x

28'L Wellsite, w/Office/KitchenArea, (1) Bedroom, Furnished,Skidded

7

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

TRUCKS/TRAILERS

_______ _______ _______1 N 42 (x) PETERBILT 386 ISX T/A

Winch Tractor, 500HP DieselEng, EATON 18-Spd Trans,Leather Interior, 63" Sleeper,GPS In Dash, Hyd Winch

_______ _______ _______1 Q 43 (x) GMC 7500 S/A Compressor

Truck w/Insulated Van Body, p/bCAT Diesel Eng, GARDNER-DENVER SSMG998 RotaryScrew Compressor, p/b HydMotor

_______ _______ _______1 S 44 (x) 1980 R685 T/A Truck, VIN-

R685T72517, p/b MACK 300Diesel Eng, MACK 12-Spd Trans,292"WB, 13'L Gin Poles, 20'LLoad Deck, 5th Wheel

_______ _______ _______1 B 45 (x) 1985 FORD 9000 T/A Gin

Truck, VIN-1FDYU90R0FVA38S10, p/bDETROIT 6V-92 Diesel Eng,FULLER 13-Spd Trans, TULSA34 Winch, Gin Poles

_______ _______ _______1 B 46 (x) 1989 CHEVROLET 7000 S/A

Flatbed Truck, VIN-1CDL7D1Y0KV506160, p/b CAT3208 Diesel, ALLISON 5-SpdAuto Trans, Steel Flat Bed, BOPStump

8

Page 8: Kruse Global Energy Auction

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 B 47 (x) 1984 FORD 9000 S/A Flatbed

Truck, VIN-U91TVEF0461, p/bDETROIT 8V Diesel Eng,FULLER 13-Spd Trans, BRADENWinch, Steel Flatbedw/Toolboxes

_______ _______ _______1 S 48 (x) ROYAL Cargo 7'W x 16'L T/A

Enclosed Trailer

_______ _______ _______1 P 49 (x) Shopbuilt 8'10"W x 26'L 3-

Axle GN Trailer, 275R16 Tires,Dual Budd Wheels

_______ _______ _______1 H 50 (x) 8'6"W x 45'L Tri-Axle Float,

11R22.5 Tires, Budd Wheels

_______ _______ _______1 B 51 (x) 8'W x 40'L T/A Float, 11R22.5

Tires

_______ _______ _______1 B 52 (x) 8'W x 40'L T/A Float, 11R22.5

Tires

_______ _______ _______1 T 53 (x) 3-Axle Rock-Over Skid

SNUB UNIT

9

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 B 54 (x) ADAMS WELDING Model 62-

50,000 Truck Mtd Snub Unit, S/N-LSSU-001, w/62'H 50,000# SHLMast, Traveling Head w/Type BSpider/Slips, 3-1/2" x 2-3/8" SlipAssembly, (4) Nitrogen Bottlesw/Manifold, 790L Accumulator,(2) PULLMASTER Hyd Wincher,Work Platform, (2) 2-Stage HydMotors, Hyd Tank w/Coolers, AllMtd on 2004 FREIGHTLINER Tri-Axle Truck p/b CAT C-15 Diesel,FULLER 18-Spd Trans, (4) HydLeveling Jacks, Tool Boxes,11R24.5 Rear & 445/65R 22.5Front Tires, BUDD Wheels

RIG #1

_______ _______ _______1 B 55 Rig Package

Lots 56 thru 63

Drawworks

_______ _______ _______1 B 56 FINNS F700 S/D Drwwrks 700HP,

18" x 40" Drum, Grooved f/1-1/8"Line, EATON 324 Brake,NORTHWEST Oil Cooler, EATON18" Rotary Clutch, Mtd on 10'10"x 42'6" Skid(NOTE: REMOVAL FEE: $700.00)

10

Page 9: Kruse Global Energy Auction

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

Mast & Sub

_______ _______ _______1 B 57 77'H x 180,000# SHL R-3 Stiff Sgl

Mast, (4) 36" x 1-1/8" Sheaves &44" x 1-1/8" Fastline Sheave,Tong Counterweights

_______ _______ _______1 B 58 14'W x 15'KB 3-Piece Step Down

Substructure, 13'H GroundClearance, 13' x 8' WorkingFloor, (4) Leveling Jacks w/(2)Sub Mattings

Mud System

_______ _______ _______1 B 59 10'W x 6'H x 40'L 317-Bbl Mud

System w/7'6"L Pump Rooms, 4-Compt, (2) MISSION Supreme 5"x 6" Cent Pumps p/b 60 HP ElecMotors, (3) Mud Agitators, TrashPump, Skidded

Combination Building

_______ _______ _______1 B 60 TDC MFG 12'W x 53'L Triple Skid

Combo Building, Sgl Wall FuelTank

11

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

Remote Degassers

_______ _______ _______1 B 61 (2) 30" Remote Degassers w/4" x

8" Outlets, On A 6'8" x 20'6"LSkid

_______ _______ _______1 B 62 (2) 30" Remote Degassers, On A

6'8" x 20'6"L Skid

_______ _______ _______1 B 63 Portable Degasser Buoy System

w/7/9"W x 5"H x 12'L Tank,Degasser, Hardline Rack, (20)8"ID x 20'L Hardlines w/Fig 100Hammer Unions

RIG #1 TOTAL:$___________________

DRAWWORKS

_______ _______ _______1 H 64 CROWN CE-750 S/D Drwwrks,

Grooved f/1-1/8" Line, 36"DiaClutch Hub

TRIPLEX/DUPLEX PUMPS

_______ _______ _______1 G 65 CONT EMSCO F-500 Triplex

Pump, S/N-94, C-E PulsationDampener, MISSION 5" x 6"Charge Pump p/b CAT 3412Diesel Eng, S/N-38S24182, 425HP, 1200 RPM, Radiator, gauges,Elec Start, Mtd on Covered Skid

12

Page 10: Kruse Global Energy Auction

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 I 66 CONT EMSCO F-350 Triplex

Pump, S/N-77, HYDRIL K-10-5000 Pulsation Dampener p/bCAT D-353 Diesel, S/N-46B09198, Radiator, Gauges, 10HP Elec Start, Mtd in a 12'W x28'L Pump House w/Steel WorkBench, Vise, Steam, Heater,Skidded

_______ _______ _______1 L 67 F-500 Triplex Pump, S/N-C005-

2007, FS FE, Skiddedw/Pulsation Dampener, RodCooling Tank (NEW)

_______ _______ _______1 T 68 Pump Package

Lots 69 thru 72

Choice of Lots 69 thru 72

_______ _______ _______1 T 69 2001 OMEGA D-750 Triplex

Pump, S/N-51674, w/FS Fem QCCaps, HYDRIL K-10-5000Pulsation Dampener(NOTE: REMOVAL FEE: $500.00)

_______ _______ _______1 T 70 CAT 3412 Diesel Eng, S/N-

8AR01144, Radiator, Gauges,Elec Start(NOTE: REMOVAL FEE: $500.00)

_______ _______ _______1 T 71 PREP EMPB-0800-B-DOR Gear

Reduction Gear Box(NOTE: REMOVAL FEE: $300.00)

13

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 T 72 3-Axle Rock-Over Skid w/12'W x

7'H x 30'L Mud Tank, 8'L PumpRoom, (2) 5" x 6" Cent Pumpsp/b 60 HP Elec Motors, MudHopper, Internal Plumbing,275/70R22.5 Tires, BUDDWheels

Choice of Lots 73 & 74

_______ _______ _______1 R 73 HH HHF-1600 Triplex Pump, FS

FE, Skidded (UNUSED &INSPECTED)

_______ _______ _______1 R 74 HH HHF-1600 Triplex Pump, FS

FE, Skidded (UNUSED &INSPECTED)

Choice of Lots 75 & 76

_______ _______ _______1 T 75 OMEGA D-750L Triplex Pump,

S/N-52022, FS FE, Skidded

_______ _______ _______1 T 76 OMEGA D-750L Triplex Pump,

S/N-50992, FS FE (Missing (1)Module)

_______ _______ _______1 T 77 OMEGA D-750 Gear Case & FS

FE

14

Page 11: Kruse Global Energy Auction

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

Choice of Lots 78 & 79

_______ _______ _______1 H 78 NATIONAL OILWELL JWS-185

Triplex Well Service Pump, S/N-4613, FS FE

_______ _______ _______1 H 79 NATIONAL OILWELL JWS-185

Triplex Well Service Pump, S/N-4614, FS FE

_______ _______ _______1 R 80 C-E D700 Duplex Pump,

MATTCO FS FE, Bull Wheel, Mtdin 10'W x 24'L 3-Sided PumpHouse (INSPECTED)

_______ _______ _______1 W 81 EMSCO D-300 Gear End,

Skidded

_______ _______ _______1 T 82 PACAFIC RIM Model EMP0800B

DDR 750 HP Gear ReductionBox

_______ _______ _______1 T 83 (4) Modules f/OMEGA D750

_______ _______ _______1 L 84 (4) Modules

_______ _______ _______1 A 85 (2) F-1000 Modules & GRIZZLY 5-

7891 Module

_______ _______ _______1 A 86 (3) OPI HDL-1000 Modules

15

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 A 87 (3) Modules

_______ _______ _______1 Z 88 (3) MATTCO Modules, (1)

MATTCO FA-1600 Module & (1)FB-1600 Module

_______ _______ _______1 T 89 (2) OPI Modules

_______ _______ _______1 E 90 (3) Modules f/G-D

_______ _______ _______1 E 91 (3) Modules f/G-D

_______ _______ _______1 C 92 Module, (4) QC Caps f/12P160

_______ _______ _______1 C 93 (2) Discharge Strainers & 4-Way

Cross

Choice of Lots 94 & 95

_______ _______ _______1 R 94 GOLDMARK "G" Pulsation

Dampener (Certified)

_______ _______ _______1 R 95 GOLDMARK "G" Pulsation

Dampener (Certified)

16

Page 12: Kruse Global Energy Auction

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

Choice of Lots 96 & 97

_______ _______ _______1 R 96 HH KB7 Pulsation Dampener

(Certified)

_______ _______ _______1 R 97 HH KB7 Pulsation Dampener

(Certified)

Choice of Lots 98 thru 99A

_______ _______ _______1 T 98 HYDRIL K-10-5000 Pulsation

Dampener

_______ _______ _______1 T 99 C-E PD-43 Pulsation Dampener

_______ _______ _______1 T 99A C-E PD-43 Pulsation Dampener

ENGINES/GENERATORSChoice of Lots 100 & 101

_______ _______ _______1 R 100 KATO 1030 KW 600 Volt 1200

RPM Generator p/b CAT 3512Diesel Eng, S/N-67200602,Skidded (Load Tested)

_______ _______ _______1 R 101 KATO 1025 KW 600 Volt 1200

RPM Generator p/b CAT 3512Diesel Eng, S/N-67Z00603 (LoadTested)

17

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

Choice of Lots 102 & 103

_______ _______ _______1 R 102 Radiator f/3512 Diesel

_______ _______ _______1 R 103 Radiator f/3512 Diesel

Choice of Lots 104 & 105

_______ _______ _______1 R 104 BBC 150 KW 480 Volt 1800 RPM

Generator p/b CAT 3306 PCTADiesel, S/N-66D44396 (LoadTested)

_______ _______ _______1 R 105 BBC 150 KW 480 Volt 1800 RPM

Generator p/b CAT 3306 PCTADiesel, S/N-66D30627 (LoadTested)

Choice of Lots 106 thru 108

_______ _______ _______1 A 106 BBC 150 KW 480 Volt 1800 RPM

Generator p/b CAT 3306 PCTADiesel, S/N-66D28898

_______ _______ _______1 A 107 MARATHON 250 KW 600 Volt

1800 RPM Generator p/b CAT3306 PCTA Diesel, S/N-66D43905

_______ _______ _______1 A 108 MARATHON 250 KW 600 Volt

1800 RPM Generator p/b CAT3306 PCTA Diesel, S/N-66D32093

18

Page 13: Kruse Global Energy Auction

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 R 109 MARATHON 200 KW 480 Volt

1800 RPM Generator p/bDETROIT 4-71T Diesel Eng(Rebuilt)

_______ _______ _______1 B 110 STAMFORD 75 KW 480 Volt

Generator p/b ISUZU 6BG1TDiesel (Load Tested)

_______ _______ _______1 B 111 STAMFORD 60 KW 480 Volt

Generator p/b ISUZU 4BG1TDiesel (Load Tested)

_______ _______ _______1 A 112 STAMFORD 260 KW 480 Volt

Generator p/b DETROIT Series50 Diesel Eng

_______ _______ _______1 A 113 DETROIT Series 50 Diesel Eng

_______ _______ _______1 A 114 BBC 50 KW 480 Volt Generator

p/b DETROIT 371 Diesel Eng

_______ _______ _______1 H 115 cat c-12 Diesel Eng, S/N-

9NS07592, 410 HP w/ALLISONHT-750 Trans

19

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

Choice of Lots 116 & 117

_______ _______ _______1 T 116 CUMMINS QSMII Diesel Eng, S/N-

35048761, 400 HP

_______ _______ _______1 T 117 CUMMINS QSMII Diesel Eng, S/N-

35048761, 400 HP

Choice of Lots 118 & 119

_______ _______ _______1 H 118 DETROIT 6V-71 Diesel Eng

w/PTO Clutch

_______ _______ _______1 H 119 DETROIT 6V-71 Diesel Eng

w/PTO Clutch & PARKER HydPump

_______ _______ _______1 P 120 LIMA 30 KW Generator p/b

DETROIT 3-53 Diesel Eng

_______ _______ _______1 H 121 DETROIT TWIN 6-71 Diesel Engs

w/Gear Transfer

_______ _______ _______1 H 122 KATO 50 KW Generator p/b CAT

3304PC Diesel Eng

20

Page 14: Kruse Global Energy Auction

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

Choice of Lots 123 thru 125

_______ _______ _______1 P 123 DENISON Hyd Power Unit p/b

CUMMINS LT10 Diesel, CoveredSkid

_______ _______ _______1 P 124 DENISON Hyd Power Unit p/b

CUMMINS LT10 Diesel, CoveredSkid

_______ _______ _______1 P 125 DENISON Hyd Power Unit p/b

CUMMINS LT10 Diesel, CoveredSkid

_______ _______ _______1 P 126 G-D Rotary Air Compressor p/b

FORD 4-Cyl Diesel Eng, CoveredSkid

_______ _______ _______1 J 127 COMPAIR Compressor p/b

Approx 40 HP Elec Motor

_______ _______ _______1 E 128 MARATHON 18 KW Generator

p/b YANMAR 4-Cyl Diesel Eng

_______ _______ _______1 E 129 STAMFORD 16 KW Generator

p/b ISUZU 4-Cyl Diesel Eng

_______ _______ _______1 E 130 STAMFORD 16 KW Generator

p/b KUBOTA 4-Cyl Diesel Eng

_______ _______ _______1 E 131 STAMFORD 11 KW Generator

p/b PERKINS 3-Cyl Diesel Eng

21

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 A 132 STAMFORD 50 KW Generator

p/b DEUTZ F6L912 Air CooledDiesel Eng

_______ _______ _______1 A 133 STAMFORD 25 KW Generator

p/b DEUTZ 4-Cyl Air CooledDiesel Eng

_______ _______ _______1 A 134 BBC 50 KW Generator p/b

DETROIT 3-71 Diesel Eng

_______ _______ _______1 A 135 BBC 40 KW Generator p/b

DETROIT 3-53 Diesel Eng

_______ _______ _______1 P 136 CAT 3304 Diesel Eng w/PTO

Clutch, BAKER SPD 5" x 6" CentPump

_______ _______ _______1 E 137 (3) DETROIT Diesel Engs, (2) 6V-

92's & (1) 8V-92

_______ _______ _______1 D 138 ALLISON 955 Torque Converter

_______ _______ _______1 D 139 ALLISON 575 Torque Converter

_______ _______ _______1 P 140 YOUNG Radiator w/Elec Fan

Assembly

_______ _______ _______1 T 141 COOPER Core Radiator

22

Page 15: Kruse Global Energy Auction

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

CATWALKSChoice of Lots 142 thru 144

_______ _______ _______1 T 142 JA-CO 12'W x 48"H x 46'L

Catwalk w/12'W x 12'H x 8'LWork Platform, BEAVER Slide,Stairs, (2) Sets 12'6"L RetractingPipe Racks, Hyd Levelers, PipeKickers, Hyd Powered, NATLChoke Manifold w/(10) ___" MBall Valves, (3) 4-Way Crosses,Choke, In a 5'W x 10'LCompartment

_______ _______ _______1 H 143 MASTCO 11'W x 42"H x 58'L

Catwalk w/Steel Deck w/5'W x10'L Choke ManifoldCompartment

_______ _______ _______1 G 144 8'W x 42"H x 48'L Catwalk w/15'L

Folding V-Door Ramp, Stairs

RIG HOUSES

_______ _______ _______1 R 145 10'10"W x 46'OAL Combination

House w/10'10"W x 8'H x 8'LFuel Tank, Skidded

23

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

Choice of Lots 146 thru 149

_______ _______ _______1 E 146 8'W x 20'6"OAL T/A Well Service

Trailer, Knowledge Box, BenchStorage, Lockers, INCINOLETToilet, Generator Compartment

_______ _______ _______1 E 147 8'W x 20'6"OAL T/A Well Service

Trailer, Knowledge Box, BenchStorage, Lockers, INCINOLETToilet, Generator Compartment

_______ _______ _______1 E 148 8'W x 20'6"OAL T/A Well Service

Trailer, Knowledge Box, BenchStorage, Lockers, INCINOLETToilet, Generator Compartment

_______ _______ _______1 E 149 8'W x 20'6"OAL T/A Well Service

Trailer, Knowledge Box, BenchStorage, Lockers, INCINOLETToilet, Generator Compartment

_______ _______ _______1 B 150 7'W x 17'6"L Parts House w/6'L

Porch, Skidded

_______ _______ _______1 B 151 8'W x 15'L T/A Well Service

Trailer w/6/6"L Porch, Lockers,Bench Storage

_______ _______ _______1 B 152 10'W x 18'L Generator House

w/Elec Panels, Parts Bins,Skidded

24

Page 16: Kruse Global Energy Auction

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 H 153 9'6"W x 22'L Top Doghouse

w/Knowledge Box, Lockers,Heater, Lights, Skidded

_______ _______ _______1 G 154 8'W x 12'L Mud House, Skidded

_______ _______ _______1 G 155 9'W x 12'L Mud House, Skidded

MUD/WATER/FUEL TANKS

_______ _______ _______1 B 156 8'W x 6'H x 15"L Sgl Axle Mud

Tank, Mud Hopper, Handrails,4'L Porch, 10-20 Tires, DAYTONWheels

_______ _______ _______1 B 157 8'W x 5'H x 20'L Sgl Axle Mud

Tank, Handrails, 3'L Porch, 10-20 Tires, DAYTON Wheels

_______ _______ _______1 B 158 8'W x 5'H x 18'L Mud Tank w/2-

Compartments, Mud Hopper,Handrails, Skidded

_______ _______ _______1 B 159 9'W x 6'H x 16'L Mud Tank w/2-

Compartments, Degasser,Handrails, Skidded

_______ _______ _______1 B 160 7'6"W x 5'H x 24'L Mud Tank w/2-

Compartments, Mud Hopper,Handrails, Skidded

25

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 A 161 10'W x 10'H x 38'L Open Top

Water Tank w/6'L Pump Room,(3) 2" Cent Pumps p/b ElecMotors, Skidded

_______ _______ _______1 A 162 10'W x 10'H x 48'L Fuel/Water

Tank Combo, Skidded

_______ _______ _______1 A 163 11'6"W x 8'H x 38'L Mud Tank

w/10'L Pump Room, 3-Compartments, Top MtdWalkways, Skidded

_______ _______ _______1 A 164 11'6"W x 8'H x 38'L Mud Tank

w/10'L Pump Room, MudHopper, 3-Compartments, TopMtd Walkways, Skidded

_______ _______ _______1 E 165 8'W x 6'6"W x 16'L Mud Tank

w/Degasser, Hardline Rackw/(22) 2" x 15'L Hardlines, BOPStump, Handrails, Skidded

Choice of Lots 166 & 167

_______ _______ _______1 A 166 10'Dia x 31'L Fuel Tank w/9'L

Pump Room, Skidded

_______ _______ _______1 A 167 10'Dia x 31'L Fuel Tank w/9'L

Pump Room, Skidded

26

Page 17: Kruse Global Energy Auction

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 V 168 9'W x 7'6"H x 44'L Mud Tanks

w/3-Compartments, Handrails,Skidded

_______ _______ _______1 V 169 10'6"W x 5'H x 20'L V-Shaped

Hopper w/10HP Auger, 5'9"Dia x4'8"H Cone Shaped Hopper & (2)4'Dia x 6'6"H Storage Tanks,Skidded

_______ _______ _______1 R 170 11'W x 5'6"H x 30'L Mud Tank

w/8'L Parts Room, 10'L PumpRoom, 3-Compartments,Skidded

_______ _______ _______1 R 171 9'6"W x 7'H x 40'L Mud Tank

w/Degasser, Mud Hopper, 4-Compartments, Skidded

_______ _______ _______1 J 172 7'W x 4'H x 12'6"L Mud Tank w/3-

Compartments, Skidd

_______ _______ _______1 J 173 8'W x 6'H x 16'L Mud Tank

w/Hardline Racks, Handrails,Skidded

_______ _______ _______1 P 174 DERRICK FLO-LINE Cleaner

Linear Motion Shale Shaker

_______ _______ _______1 H 175 DFTS Linear Motion Shale

Shaker, MARTIN ENGINEERINGElec Vibrator, (2) 2.5HP Motors

27

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 P 176 MEDEARIS Vibrating Shale

Shaker

_______ _______ _______1 T 177 DOUBLE LIFE CORP 45 MTT

LDMC Mud Cleaner

_______ _______ _______1 T 178 (3) XINGQING 15HP Worm Gear

w/Circulating Teeth MudAgitators

_______ _______ _______1 P 179 (2) GALIGHER Horizontal Pumps

Model 4VRG200 75HP, Skidded

_______ _______ _______1 P 180 GALIGHER Horizontal Pump

Model 4VRG200 75HP, Skidded

_______ _______ _______1 P 181 Blank Lot 181

Choice of Lots 182 thru 183

_______ _______ _______1 J 182 7'6"W x 19'6"L Well Service

Junk Box w/3'Dia x 6'L FuelTank, 6'H x 16" Deep ToolStorage, Skidded

_______ _______ _______1 P 183 7'6"W x 15'L Well Service Junk

Box w/3'H x 2' Deep ToolStorage, Skidded

28

Page 18: Kruse Global Energy Auction

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

DRILL PIPE

_______ _______ _______1 Y 184 (2790) Ft (90) Jts 5" G-105,

19.50# DP w/4-1/2"IF DblShoulder TJs, 6-1/4"OD (NEW)

ROTATING/TRAVELING EQUIPChoice of Lots 185 & 186

_______ _______ _______1 R 185 JOLLY YG225 250-Ton

Block/Hook Combination (5)Sheaves, 1-1/8" Line(UNUSED/CERTIFIED)

_______ _______ _______1 R 186 JOLLY YG225 250-Ton

Block/Hook Combination (5)Sheaves, 1-1/8" Line(UNUSED/CERTIFIED)

_______ _______ _______1 R 187 RUSHI SL225 250-Ton Swivel

(UNUSED)

_______ _______ _______1 R 188 JIANGSU SL 170 180-Ton Swivel

(UNUSED)

_______ _______ _______1 P 189 KING 32GA2 Swivel w/Power

Sub w/Hyd Pump

_______ _______ _______1 P 190 KING 20XV Swivel

_______ _______ _______1 L 191 McKISSICK Fig 64 100-Ton

Block w/(4) Sheaves, 1-1/8" Line

29

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 L 192 McKISSICK 50-Ton 2-Sheave

Block, 7/8" Line

_______ _______ _______1 L 193 WILSON 50-Ton 2-Sheave Block

w/Duplex Hook, 7/8" Line

_______ _______ _______1 L 194 (2) 75-Ton Duplex Hooks

_______ _______ _______1 Z 195 NATIONAL MS 2-1/2" Rotary

Table

_______ _______ _______1 Z 196 OILWELL 17-1/2" x 53-1/4"

Rotary Table w/Split Master

_______ _______ _______1 Z 197 EMSCO Oilbath 20-1/2" x 44"

Rotary Table

_______ _______ _______1 Z 198 EMSCO Type JCS 20-1/2" Rotary

Table, 20-1/2" x 53-1/4" SplitMaster Bushing

_______ _______ _______1 L 199 (4) Asst'd Master Bushings

_______ _______ _______1 L 200 Split Inserts f/Solid Master

Bushing & Type A 4-1/2" CasingElevator

_______ _______ _______1 L 201 (2) Sets Master Bushings

_______ _______ _______1 L 202 (2) Sets Master Bushings

30

Page 19: Kruse Global Energy Auction

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 Z 203 (2) Solid & (1) Split Master

Bushing

_______ _______ _______1 B 204 27-1/2" x Split Master Bushing

Choice of Lots 205 & 206

_______ _______ _______1 P 205 Drill Line Spooling Devise p/b

WESTINGHOUSE 100HP ElecMotor

_______ _______ _______1 P 206 Drill Line Spooling Devise p/b

WESTINGHOUSE 100HP ElecMotor

HANDLING TOOLS

_______ _______ _______1 O 207 FOSTER 58-93R Power Tongs

w/Air Operated Back Up S/N-TP-94-R-103

_______ _______ _______1 P 208 VARCO Pipe Spinner

_______ _______ _______1 Z 209 VARCO Kelly Spinner

_______ _______ _______1 L 210 WOOLEY Type B Tongs w/Heads

_______ _______ _______1 L 211 WEB WILSON Type H Tongs

w/Heads

31

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 L 212 FOLEY/WEB WILSON Type H

Tongs w/Heads

_______ _______ _______1 L 213 WOOLEY Type B Tongs w/Heads

_______ _______ _______1 L 214 WEB WILSON AAX Tongs

w/Heads

_______ _______ _______1 L 215 FOLEY AAX Tongs w/Heads

_______ _______ _______1 L 216 WOOLEY Type B Short Lever

Tongs w/Heads

_______ _______ _______1 L 217 WOOLEY Type C Tongs w/Heads

_______ _______ _______1 L 218 WOOLEY Type B Short Lever

Tongs w/Heads

_______ _______ _______1 L 219 WOOLEY Type B Tongs w/Heads

Choice of Lots 220 thru 223

_______ _______ _______1 A 220 (4) VARCO DP Slips

_______ _______ _______1 A 221 (4) VARCO DP Slips

_______ _______ _______1 A 222 (4) VARCO DP Slips

_______ _______ _______1 A 223 (4) VARCO DP Slips

32

Page 20: Kruse Global Energy Auction

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

Choice of Lots 224 thru 227

_______ _______ _______1 A 224 (4) VARCO DC Slips

_______ _______ _______1 A 225 (4) VARCO DC Slips

_______ _______ _______1 A 226 (4) VARCO DC Slips

_______ _______ _______1 A 227 (5) VARCO DC Slips

Choice of Lots 228 thru 235

_______ _______ _______1 L 228 (3) VARCO DP Slips

_______ _______ _______1 L 229 (3) VARCO DP Slips

_______ _______ _______1 L 230 (3) VARCO DP Slips

_______ _______ _______1 L 231 (3) VARCO DP Slips

_______ _______ _______1 L 232 (3) VARCO DP Slips

_______ _______ _______1 L 233 (3) VARCO DP Slips

_______ _______ _______1 L 234 (3) VARCO DP Slips

_______ _______ _______1 L 235 (3) VARCO DP Slips

33

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 L 236 (2) VARCO DC Slips & Slip Parts

Choice of Lots 237 thru 243

_______ _______ _______1 L 237 (4) VARCO DC Slips

_______ _______ _______1 L 238 (4) VARCO DC Slips

_______ _______ _______1 L 239 (4) VARCO DC Slips

_______ _______ _______1 L 240 (4) VARCO DC Slips

_______ _______ _______1 L 241 (4) VARCO DC Slips

_______ _______ _______1 L 242 (4) VARCO DC Slips

_______ _______ _______1 L 243 (4) VARCO DC Slips

Choice of Lots 244 thru 259

_______ _______ _______1 L 244 DEN-CON 4-1/4" Hex Drive

Bushing

_______ _______ _______1 L 245 ROSTEL 4-1/4" Square Drive

Bushing

_______ _______ _______1 L 246 ROSTEL RT S4 Drive Bushing

34

Page 21: Kruse Global Energy Auction

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 L 247 ROSTEL RTM4 4-1/4" Hex Drive

Bushing

_______ _______ _______1 L 248 ROSTEL RTM4 4-1/4" Square

Drive Bushing

_______ _______ _______1 L 249 VARCO KRVS 4-1/4" Hex Drive

Bushing

_______ _______ _______1 L 250 VARCO MD 4-1/4" Square Drive

Bushing

_______ _______ _______1 L 251 VARCO 4KRVS 4-1/4" Square

Drive Bushing

_______ _______ _______1 L 252 DEN-CON RSM 4-1/4" Square

Drive Bushing

_______ _______ _______1 L 253 ROSTEL RTS4 4-1/4" Square

Drive Bushing

_______ _______ _______1 L 254 VARCO 4KRBM 4-1/4" Square

Drive Bushing

_______ _______ _______1 L 255 VARCO 4KRBM 4-1/4" Square

Drive Bushing

_______ _______ _______1 L 256 VARCO 4KRBM 4-1/4" Square

Drive Bushing

_______ _______ _______1 L 257 VARCO 4KRBM 4-1/4" Square

Drive Bushing

35

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 L 258 ROSTEL RTM4 4-1/4" Square

Drive Bushing

_______ _______ _______1 L 259 ROSTEL RTM4 4-1/4" Square

Drive Bushing

_______ _______ _______1 C 260 (2) VARCO Drive Bushings, (1) 4-

1/4" Hex & (1) Without Rollers

_______ _______ _______1 C 261 (2) VARCO Drive Bushings & (2)

1-1/2" Cent Pumps

Choice of Lots 262 thru 267

_______ _______ _______1 L 262 2-1/2" x 73-1/2"L Elevator Links

_______ _______ _______1 L 263 2-1/4" x 74"L Elevator Links

_______ _______ _______1 L 264 2-1/2" x 73"L Elevator Links

_______ _______ _______1 L 265 2-1/2" x 72-1/2"L Elevator Links

_______ _______ _______1 L 266 2-1/2" x 73"L Elevator Links

_______ _______ _______1 L 267 2-1/4" x 73"L Elevator Links

_______ _______ _______1 L 268 2" x 42"L Elevator Loop Links

_______ _______ _______1 L 269 2" x 42"L Elevator Loop Links

36

Page 22: Kruse Global Energy Auction

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 AD 270 AEROTECH Herman Nelson

OHV350 320,000 BTU KeroseneHeater

_______ _______ _______1 AD 271 AEROTECH Herman Nelson

OHV500 420,000 BTU KeroseneHeater

_______ _______ _______1 AB 272 (47) ALBANY 10HC Pumps w/1.5

HP Elec Motors

_______ _______ _______1 AB 273 (3) FOXBORO CFT50

Flowmeters

Choice of Lots 274 & 275

_______ _______ _______1 AB 274 (4) JOHN CRANE LHXF Air

Cooled Heat Exchanger w/1.5 HPElec Motor

_______ _______ _______1 AB 275 (4) JOHN CRANE LHXF Air

Cooled Heat Exchanger w/1.5 HPElec Motor

_______ _______ _______1 AB 276 (2) KTEK Vertical Vessels,

MINKM26S

_______ _______ _______1 AB 277 (4) SIEMENS AC High Voltage

Circuit Breakers, 2000 Amp,4760 Volt w/Spare Plates

37

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

Choice of Lots 279 & 280

_______ _______ _______1 AB 278 (4) FOXBORO CFS20 Mass Flow

Tubes

_______ _______ _______1 B 279 WESTEEL 2000 Litre Fuel Tank

w/Stand

_______ _______ _______1 B 280 WESTEEL 2000 Litre Fuel Tank

w/Stand

_______ _______ _______1 B 281 Water Tank, 8'W x 3'L x 7'H

_______ _______ _______1 Z 282 McKINNEY Vertical Press w/5-

Ton Winch

_______ _______ _______1 S 283 Fuel Tank w/Pump & Motor, 5'W

x 3'H x 18"L w/YOUNG Radiator

_______ _______ _______1 S 284 (2) Cent Pumps w/2 HP Elec

Motor, (1) NAVCO 4" Gate Valve

_______ _______ _______1 B 285 (2232) Ft (34) Jts 2-7/8" Tubing,

(6) Jts 4" Drill Pipe & (32) Jts 4-1/2" Drill Pipe

38

Page 23: Kruse Global Energy Auction

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

SUPPLY STORE INVENTORYChoice of Lots 286 thru 288

(NOTE: Mast Unused)

_______ _______ _______1 P 286 SDXL 5" DP Slips

_______ _______ _______1 P 287 SDXL 4-1/2" DP Slips

_______ _______ _______1 P 288 SDXL 4-1/2" DP Slips

_______ _______ _______1 P 289 (2) Lift & (6) Change Over Subs

_______ _______ _______1 P 290 (4) Lift & (1) Change Over Subs

_______ _______ _______1 P 291 (10) Change Over Subs

_______ _______ _______1 P 292 Junk Basket, (3) Lift & Change

Over Subs

_______ _______ _______1 P 293 Kelly Saver & (3) Lift Subs

_______ _______ _______1 P 294 (1) Lift, (1) Kelly Saver & (5)

Change Over Subs

_______ _______ _______1 P 295 Assorted Pump Rods

_______ _______ _______1 P 296 Drag Ring & Dies f/Hyd Power

Tongs, Casing Slips & PumpParts

39

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 P 297 Pistons, Valves & Seats

_______ _______ _______1 P 298 Swages, Valve Gates & Ring

Gaskets

_______ _______ _______1 P 299 Piston Rubber

_______ _______ _______1 P 300 Valve Handles & Unions

_______ _______ _______1 P 301 Assorted Valves

_______ _______ _______1 P 302 Pump Parts, Rod Wrenches &

Sgl Jt Elevator

_______ _______ _______1 P 303 FARR Tong Heads, Tong Pins,

Valves, Seats

_______ _______ _______1 P 304 Pump Partsm Rod Wrenches &

Slip Dies

Choice of Lots 305 thru 307

_______ _______ _______1 P 305 Assorted Dresser Couplings

_______ _______ _______1 P 306 Assorted Dresser Couplings

_______ _______ _______1 P 307 Assorted Dresser Couplings

_______ _______ _______1 P 308 Clamps, Connections,

CHASAVOY Tubing Strippers

40

Page 24: Kruse Global Energy Auction

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 P 309 Slip Inserts, Tong Dies, Tong

Pins

_______ _______ _______1 P 310 Slip Inserts, Tong Dies

_______ _______ _______1 P 311 Swages, Connections, Slip

Inserts, Drive Bushing Rollers,Elevator Springs

_______ _______ _______1 P 312 4" Ells, VICTAULIC Connections,

Flanges

_______ _______ _______1 P 313 Pistons & Valves

_______ _______ _______1 P 314 Flanges, Unions, Air Union

Bladders, Couplings, PressureSensors, Weld-On Connections

_______ _______ _______1 P 315 Pistons, Bearings, Oil Saver

Rubbers, Wireline StrippingRubber, Valves

_______ _______ _______1 P 316 Elec Parts, Lights, Belts, Tubing

Bender, Chain Tongs, Pins, DrillPipe Screens, Springs &Gaskets

_______ _______ _______1 P 317 Rod Hook, (2) 7-5/8" Sgl Jt

Elevators, Pipe Rams, AnnularBOP Element

41

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 P 318 Load Chain, Studs, Nuts &

Connections

_______ _______ _______1 P 319 Manifold, Flanges, Ring

Gaskets, Light Bulbs & Weld-OnConnections

_______ _______ _______1 P 320 (5) Drill Pipe Refacing Tools,

Drill Pipe Stripping Rubbers,Weld-On Connections, Swages& Gaskets

_______ _______ _______1 P 321 (3) Rod Hook Clevises, Flanges,

Weld-On Connections

_______ _______ _______1 P 322 Pump Valves, Ball Valves, Gate

Valves, Weld On Connections &Stand Pipe Valve Gates

_______ _______ _______1 P 323 Ball Valves, Gate Valves, Plug

Valves, Unions, Ring Gaskets &CROSBY Clamps

_______ _______ _______1 P 324 (2) No 8 Vises, CROSBY Clamps

_______ _______ _______1 P 325 (9) Climbing Devises, (2) Chain

Tongs, Grinding Wheels, BallValves & Union

_______ _______ _______1 P 326 Pump Liners, Swages, Overhead

Crane Trollies, GULFCO 5MChoke & Gaskets

42

Page 25: Kruse Global Energy Auction

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 P 327 Couplings, Connections, (3)

Puller Bars, Wash Pipe Packing,Wash Pipes, Butterfly Valves &KC Nipples

_______ _______ _______1 P 328 Butterfly Valves, Weld On

Connections & Flanges

_______ _______ _______1 P 329 POWERTEK Generator,

Pumping Tee's, Unions, 2" 5M x24"L Hardlines, Weld OnConnections

_______ _______ _______1 P 330 Weld On Connections, Mud

Scales, Filters & VICTRAULICClamps

_______ _______ _______1 P 331 Drill Pipe Floats, Polish Rod

Clamps, Butterfly Valves, (2)SHAFFER Come-A-Long WalkingBinders, Snatch Blocks & (5)Puller Bars

_______ _______ _______1 P 332 Bolt cutters, Levels, Saws, Pipe

Cutter, (2) RIDGID PipeThreaders & Paint Scales

_______ _______ _______1 P 333 King Swivel w/Power Sub

_______ _______ _______1 P 334 Night Flashers, Air Hose,

Clamps, Connections, FootValves & Inserts

43

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 P 335 Levels, Drills, High Traction Foot

Wear, Sump Pumps,Connections & Nail Bars

_______ _______ _______1 P 336 Hyd Pump w/Drive Assembly

RELATED EQUIPMENTChoice of Lots 337 thru 339

_______ _______ _______1 AB 337 (2) Wheel Mounted Fire

Extinguishers

_______ _______ _______1 AB 338 (2) Wheel Mounted Fire

Extinguishers

_______ _______ _______1 AB 339 (2) Wheel Mounted Fire

Extinguishers

_______ _______ _______1 A 340 GE 750 Traction Motor

_______ _______ _______1 C 341 20 HP, (2) 10 HP & (1) 1/2 HP

Elec Motors (Rebuilt & Unused)

_______ _______ _______1 C 342 (11) Electric Motors

44

Page 26: Kruse Global Energy Auction

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

Choice of Lots 343 thru 353

_______ _______ _______1 C 343 (5) Electric Motors

_______ _______ _______1 C 344 (5) Electric Motors

_______ _______ _______1 C 345 (5) Electric Motors

_______ _______ _______1 C 346 (5) Electric Motors

_______ _______ _______1 C 347 (5) Electric Motors

_______ _______ _______1 C 348 (5) Electric Motors

_______ _______ _______1 C 349 (5) Electric Motors

_______ _______ _______1 C 350 (5) Electric Motors

_______ _______ _______1 C 351 (5) Electric Motors

_______ _______ _______1 C 352 (5) Electric Motors

_______ _______ _______1 C 353 (5) Electric Motors

_______ _______ _______1 T 354 (2) 40 HP Elec Motors w/Pedistal

_______ _______ _______1 T 355 (2) SUNTEC Oil Burners

45

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 T 356 (8) Hyd Cylinders

_______ _______ _______1 T 357 (10) Hyd Cylinders

_______ _______ _______1 T 358 (8) Hyd Cylinders

_______ _______ _______1 T 359 (14) Hyd Cylinders

_______ _______ _______1 T 360 Jack Pads, Puller Bars & (3) Hyd

Cylinders

_______ _______ _______1 P 361 (5) 2" 5M Flanged Ball Valves

_______ _______ _______1 P 362 (3) Pallets Pick Up Nubbins

_______ _______ _______1 P 363 Chain Box w/Sporckets

_______ _______ _______1 Z 364 (6) 50"Dia x 10"W Brake

Flanges, (2) 54"Dia x 10"WBrake Flanges & (3) 42"Dia x 8-1/2"W Brake Flanges

_______ _______ _______1 J 365 (6) Asstd Tanks, Casing

Centrilizers, Asstd Hardlines,Cent Pump Housing, 15 HP ElecMotor, GUIBERSON Bowls,NATL OILWELL Chemical Pump(UNUSED), Vlves, Wire Rope &Fireman Hoses

_______ _______ _______1 T 366 FOREMOST Top Drive

46

Page 27: Kruse Global Energy Auction

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 J 367 COMER Planetary Drive Type PG

3002 VM, PARKER HoseConnections, Tarps, Flanges

_______ _______ _______1 J 368 Unions, Flanges, (4) Spools, (2)

5" x 6" Cent Pumps & (2) SteelCabinets

_______ _______ _______1 H 369 (3) Heaters, BENDIX Air

Compressor, Rig Lights, ElecControl Panels, (4) Asstd CentPumps

_______ _______ _______1 H 370 Strap Ratchets, Mufflers, (2) G-D

APOGBA Air Compressors &NORDIC Luift

_______ _______ _______1 H 371 BOWEN 12MB Breakout

Machine

_______ _______ _______1 Z 372 Galvanized Cable Slings, MUCK

Overhead Crane, DCC ChainHoist, BINKS Cabinet,BROOMWADE Compressor

_______ _______ _______1 C 373 WELLS Band Saw

_______ _______ _______1 P 374 CANOX 400 Amp Welder & LTEC

650 Amp Welder w/Cabinet

_______ _______ _______1 P 375 MILLER 300 Amp Welder,

RUCKER Power Unit & 10 HPHyd Power Unit

47

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

Choice of Lots 376 thru 383

_______ _______ _______1 A 376 Asst'd Roller Chain

_______ _______ _______1 A 377 Asst'd Roller Chain

_______ _______ _______1 A 378 Asst'd Roller Chain

_______ _______ _______1 A 379 Asst'd Roller Chain

_______ _______ _______1 A 380 Asst'd Roller Chain

_______ _______ _______1 A 381 Asst'd Roller Chain

_______ _______ _______1 A 382 Asst'd Roller Chain

_______ _______ _______1 A 383 Asst'd Roller Chain

_______ _______ _______1 P 384 (2) Weld On Connections & (2)

2" High Pressure Hoses

_______ _______ _______1 P 385 (4) 2" High Pressure Hoses, (4)

Jack Stands & Hyd Pump p/b10HP Elec Motor

48

Page 28: Kruse Global Energy Auction

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

Choice of Lots 386 thru 389

_______ _______ _______1 P 386 (4) Hyd Cylinders

_______ _______ _______1 P 387 (4) Hyd Cylinders

_______ _______ _______1 P 388 (4) Hyd Cylinders

_______ _______ _______1 P 389 (6) Hyd Cylinders

_______ _______ _______1 A 390 Steam Heater, Fire

Extingushers, Brake Bandsf/OILWELL 76

Choice of Lots 391 thru 395

_______ _______ _______1 A 391 Asst'd Roller Chain

_______ _______ _______1 A 392 Asst'd Roller Chain

_______ _______ _______1 A 393 Asst'd Roller Chain

_______ _______ _______1 A 394 Asst'd Roller Chain

_______ _______ _______1 A 395 Asst'd Roller Chain

49

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

Choice of Lots 396 thru 401

_______ _______ _______1 A 396 ATLAS COPCO GA5 Air

Comprossor

_______ _______ _______1 A 397 ATLAS COPCO GA5 Air

Comprossor

_______ _______ _______1 A 398 ATLAS COPCO GA5 Air

Comprossor

_______ _______ _______1 A 399 ATLAS COPCO GA5 Air

Comprossor

_______ _______ _______1 A 400 ATLAS COPCO GA5 Air

Comprossor

_______ _______ _______1 A 401 ATLAS COPCO GA5 Air

Comprossor

_______ _______ _______1 A 402 Shale Shaker Screens, GOULD

Battery Charger, Bladdersf/Pulsation Dampeners

_______ _______ _______1 A 403 Hyd Hoses, & (2) Elec Winches

_______ _______ _______1 A 404 (2) LEESON Elec Hoists

_______ _______ _______1 A 405 Asst'd Wire Rope & Roller Chain

50

Page 29: Kruse Global Energy Auction

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 K 406 (2) String Mills w/3-1/2" Reg, (2)

Change-Over Subs, SwabMandrels, & Hyd Hoses

_______ _______ _______1 C 407 CAMERON 6" HCR Valve,

Pullers, & Pipe Cutter

_______ _______ _______1 C 408 Hyd Motors, Valve Banks, & U

Joints

_______ _______ _______1 A 409 Hyd Pumps, Power Band Belts &

Misc Hyd Parts

_______ _______ _______1 P 410 (2) 2" 5M HCR

_______ _______ _______1 P 411 TULSA Winch, (2) Spools Slick

Line, 3" x 4" Cent Pump,Diaphragm Pump, Shale ShakerMotors

_______ _______ _______1 B 412 MISSOIN 1" x 1-1/2" Cent Pump

p/b 3HP Elec Motor

_______ _______ _______1 P 413 Block Cross, Gate Valve &

Check Valve

_______ _______ _______1 A 414 (9) Gate Valves

_______ _______ _______1 P 415 (2) Steam Heaters, (3) Well Head

Funnels, Forklift Attachment, F-90 Triplex Gear Case, (4) GateValves & Surge Chamber

51

KRUSE ENERGY AUCTIONEERSNISKU, ALBERTA, CANADA

OCTOBER 14, 2010

Loc Lot# Unit# Price Buyer

_______ _______ _______1 V 416 (3) 21 KW Generators

_______ _______ _______1 E 417 (3) Day Tanks, Brake Blocks,

Turnbuckles, & Hoses

_______ _______ _______1 AB 418 (4) Asst'd Elec Motors

_______ _______ _______1 P 419 (2) Rotary Hoses & Flanged

Choke Line

_______ _______ _______1 B 420 Cathead, Wire Rope, Hyd Valves,

Bit Breakers, (2) WKM 4-1/16"Gate Valves

_______ _______ _______1 P 421 PAYNE Charging Pump w/Hyd

Tank

_______ _______ _______1 B 422 Fire Extinguishers, Heater,

Roller Chain, Forklift Fenders &Rig Lights

_______ _______ _______1 A 423 (4) Day Tanks, Elec Wire,

Lockers, Fire Extinguishers,Gauges, Filters, Desk & Heaters

_______ _______ _______1 P 424 Chemical Hopper

_______ _______ _______1 Z 425 (3) Asst'd Elevator Links

_______ _______ _______1 C 426 (2) Cellar Pumps & Chemical

Hopper

END OF SALE

52

Page 30: Kruse Global Energy Auction

1. Terms:

All purchases are to be “PAID IN FULL” in negotiable Canadian Funds on Sale Day. Cash, Cashier’s & Traveler’s Cheques or Wire Transfers will be accepted as payment. Company or personal cheques will be accepted provided they are accom-panied by a “BANK LETTER OF GUARANTEE” guaranteeing payment. The buyer waives the right to stop payment on any cheque or monies given as payment. No drafts accepted. The buyer may receive purchases upon completion and execu-tion of all funds, including all applicable goods, sales or use taxes. Check-out procedures are defined in the inside cover of Auction Catalogue. The Auctioneer reserves the right to hold any purchases until all funds have cleared the Auctioneer’s Bank and to hold ALL purchases on partial payment. A 2% late fee will be charged if payment is not received in full within 5 business days of receipt of the invoice.

2. Bidder Registration:

All perspective Buyers and Bidders must register and receive a bidder number at ALL Kruse Global Energy Auctions, Inc. auctions. Anyone bidding on behalf of a third party must also register to bid and will be held responsible and liable for all purchases. No person shall bid on any item they own or on behalf of the owner. No exceptions! Buyer’s names are to remain confidential. The Auctioneer reserves the right to refuse any person a bidder number and may revoke the bidders’ privileges at any time.

3. Resale of Merchandise:

The Auctioneer reserves the right to reclaim any or all merchandise for any unpaid purchases in part or in full. Buyer agrees to pay any deficiencies from the initial sales price and all expenses incurred including attorneys fees on merchandise that must be resold. In the event a buyer chooses to resell a lot, they must make up any deficiencies from the initial sales price. The resale of any merchandise is at the sole discretion of the Auctioneer.

4. Sales Tax:

Buyer agrees to pay all applicable goods, sales, or use tax on all purchases, unless the buyer provides proof of exemption that is issued by the appropriate province or local Government Agency at the location in which the auction is held. Buyer also agrees to pay any goods, sales, or use tax that may be assessed after payment has been received.

5. Warranty or Guarantee:

Every item is sold “AS IS, WHERE IS, WITH ALL FAULTS” and without warranty or guarantee of any kind, either written, expressed or implied, as to merchantability or fitness for a particular purpose or otherwise. There are no warranties or guarantees as to year, make, model, serial number, condition, performance, and/or dotting & numbering, and/or digital slide production. All items are listed as accurately as possible and information is derived from sources deemed reliable. However, Buyer must inspect all items personally and accept with any faults or defects. This catalogue is merely a guide, based on information from sources believed to be reliable and from the Consignor(s). Buyer in no way holds Auctioneer or Seller responsible for any defects, inaccuracies or errors in any way. Bidder acknowledges that all lots were available for inspection prior to the auction and that it is his responsibility to inspect all equipment and to make his own inquiries prior to bidding. All announcements sale day supercede any printed material.

TERMS & CONDITIONS1. Terms:

All purchases are to be “PAID IN FULL” in negotiable Canadian Funds on Sale Day. Cash, Cashier’s & Traveler’s Cheques or Wire Transfers will be accepted as payment. Company or personal cheques will be accepted provided they are accom-panied by a “BANK LETTER OF GUARANTEE” guaranteeing payment. The buyer waives the right to stop payment on any cheque or monies given as payment. No drafts accepted. The buyer may receive purchases upon completion and execu-tion of all funds, including all applicable goods, sales or use taxes. Check-out procedures are defined in the inside cover of Auction Catalogue. The Auctioneer reserves the right to hold any purchases until all funds have cleared the Auctioneer’s Bank and to hold ALL purchases on partial payment. A 2% late fee will be charged if payment is not received in full within 5 business days of receipt of the invoice.

2. Bidder Registration:

All perspective Buyers and Bidders must register and receive a bidder number at ALL Kruse Global Energy Auctions, Inc. auctions. Anyone bidding on behalf of a third party must also register to bid and will be held responsible and liable for all purchases. No person shall bid on any item they own or on behalf of the owner. No exceptions! Buyer’s names are to remain confidential. The Auctioneer reserves the right to refuse any person a bidder number and may revoke the bidders’ privileges at any time.

3. Resale of Merchandise:

The Auctioneer reserves the right to reclaim any or all merchandise for any unpaid purchases in part or in full. Buyer agrees to pay any deficiencies from the initial sales price and all expenses incurred including attorneys fees on merchandise that must be resold. In the event a buyer chooses to resell a lot, they must make up any deficiencies from the initial sales price. The resale of any merchandise is at the sole discretion of the Auctioneer.

4. Sales Tax:

Buyer agrees to pay all applicable goods, sales, or use tax on all purchases, unless the buyer provides proof of exemption that is issued by the appropriate province or local Government Agency at the location in which the auction is held. Buyer also agrees to pay any goods, sales, or use tax that may be assessed after payment has been received.

5. Warranty or Guarantee:

Every item is sold “AS IS, WHERE IS, WITH ALL FAULTS” and without warranty or guarantee of any kind, either written, expressed or implied, as to merchantability or fitness for a particular purpose or otherwise. There are no warranties or guarantees as to year, make, model, serial number, condition, performance, and/or dotting & numbering, and/or digital slide production. All items are listed as accurately as possible and information is derived from sources deemed reliable. However, Buyer must inspect all items personally and accept with any faults or defects. This catalogue is merely a guide, based on information from sources believed to be reliable and from the Consignor(s). Buyer in no way holds Auctioneer or Seller responsible for any defects, inaccuracies or errors in any way. Bidder acknowledges that all lots were available for inspection prior to the auction and that it is his responsibility to inspect all equipment and to make his own inquiries prior to bidding. All announcements sale day supercede any printed material.

TERMS & CONDITIONS6. Contested or Tie Bid/Lotting:

In the event two (2) or more parties claim the same bid at the fall of the Auctioneer’s gavel (sold), the Auctioneer may re-open the sale and commence the bidding between said parties until a high bidder and new owner is established. This is entirely at the sole discretion of the Auctioneer and he may elect not to re-open the bidding if he deems the bid was late and the item was considered sold. The Auctioneer may also refuse any bid he deems as a mere fractional advance. The Auctioneer reserves the right to, and without notice or liability to buyer may: cancel the sale of, group, withdraw or break-apart any lot he determines is necessary.

7. Indemnification & Hold Harmless/Injury & Damages:

Bidders, whether acting as principal, agent, employee, rep-resentative, officer or director of a company or otherwise, in any capacity whatsoever, and the company he represents, both jointly and severally agree to hold harmless Kruse Global Energy Auction, Inc., its agents, employees or representatives along with the same for the Seller for any damages, causes of action, suits, costs and losses of any nature, injury or death occurring on or near the auction site. The auction site shall include any yard or location at which any lot is located as well as the actual location where the bid calling is conducted. The Bidder agrees to enter any site or yard at their own risk. No person shall have any claim against Kruse Global Energy Auctions, Inc., it's agents, employees or representatives along with the same for the Seller or Site Owner for any injury, damages or loss of life, which may occur from any cause or nature. The Buyer also agrees to the same terms for load-out and check-out on all auctions sites and will provide insurance where applicable. Purchases become the responsibility of and shall be at the risk of Purchaser upon acceptance of his bid. It shall be the responsibility of Purchaser to insure his purchases immediately. Auctioneers shall not be responsible for loss or damage to any purchase.

8. Titles/Bills of Sale:

All Titles and Bills of Sale, along with other pertinent docu-ments will be mailed from Kruse Global Energy Auctions, Inc.’s Nisku office within a reasonable time period following the auction, allowing for satisfactory collection of all negotiable funds. Delivery of such documents is subject to receiving the documents from the Seller. Kruse Global Energy Auctions, Inc. is acting as agents only and any loss of title must be recon-ciled either through the Seller or the appropriate Government Agency.

9. Agreement:

This Agreement is between the Bidder and the “Auctioneer” (Kruse Global Energy Auction, Inc.) and shall be governed by, and interpreted by the laws of, the Province and Country in which the auction occurs.

ALL SALES ARE FINAL!

PLEASE INSPECT EQUIPMENT BEFORE BIDDING!

EACH ITEM SOLD “AS IS, WHERE IS”!

6. Contested or Tie Bid/Lotting:

In the event two (2) or more parties claim the same bid at the fall of the Auctioneer’s gavel (sold), the Auctioneer may re-open the sale and commence the bidding between said parties until a high bidder and new owner is established. This is entirely at the sole discretion of the Auctioneer and he may elect not to re-open the bidding if he deems the bid was late and the item was considered sold. The Auctioneer may also refuse any bid he deems as a mere fractional advance. The Auctioneer reserves the right to, and without notice or liability to buyer may: cancel the sale of, group, withdraw or break-apart any lot he determines is necessary.

7. Indemnification & Hold Harmless/Injury & Damages:

Bidders, whether acting as principal, agent, employee, rep-resentative, officer or director of a company or otherwise, in any capacity whatsoever, and the company he represents, both jointly and severally agree to hold harmless Kruse Global Energy Auction, Inc., its agents, employees or representatives along with the same for the Seller for any damages, causes of action, suits, costs and losses of any nature, injury or death occurring on or near the auction site. The auction site shall include any yard or location at which any lot is located as well as the actual location where the bid calling is conducted. The Bidder agrees to enter any site or yard at their own risk. No person shall have any claim against Kruse Global Energy Auctions, Inc., it's agents, employees or representatives along with the same for the Seller or Site Owner for any injury, damages or loss of life, which may occur from any cause or nature. The Buyer also agrees to the same terms for load-out and check-out on all auctions sites and will provide insurance where applicable. Purchases become the responsibility of and shall be at the risk of Purchaser upon acceptance of his bid. It shall be the responsibility of Purchaser to insure his purchases immediately. Auctioneers shall not be responsible for loss or damage to any purchase.

8. Titles/Bills of Sale:

All Titles and Bills of Sale, along with other pertinent docu-ments will be mailed from Kruse Global Energy Auctions, Inc.’s Nisku office within a reasonable time period following the auction, allowing for satisfactory collection of all negotiable funds. Delivery of such documents is subject to receiving the documents from the Seller. Kruse Global Energy Auctions, Inc. is acting as agents only and any loss of title must be recon-ciled either through the Seller or the appropriate Government Agency.

9. Agreement:

This Agreement is between the Bidder and the “Auctioneer” (Kruse Global Energy Auction, Inc.) and shall be governed by, and interpreted by the laws of, the Province and Country in which the auction occurs.

ALL SALES ARE FINAL!

PLEASE INSPECT EQUIPMENT BEFORE BIDDING!

EACH ITEM SOLD “AS IS, WHERE IS”!