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THURSDAY, MARCH 24th, 2016 @ 9:00 AM (CT) MIDLAND, TEXAS @ The Hilton Garden Inn FOR MORE INFO – Call 432-563-2005, View Online at www.kruseenergy.com or Call Steve Taylor (432-448-0406) or Eric Dyess 940-452-4132 1-432-563-2005•Fax:432-563-7929 11611CountyRoad128West• Odessa,Texas79765 www.kruseenergy.com Date&Time: Thursday, March 24th, 2016 @ 9:00AM (CT) AuctionLocation&CrewHeadquarters: The Hilton Garden Inn • 1-432-689-0022 (Res) 1301 North Loop 250 · Midland, Texas 79706 OtherHotels: Residence Inn • 5509 Deauville Blvd · 432-689-3511 Town Place Suites • 5508 Deauville Blvd • 432-694-6000 Sleep Inn • 5612 Deauville Blvd • 432-694-4200 Airport: Midland International Airport Served by Major Carriers with Major Car Rentals Available All bidders must register and provide proper identification. All purchases must be PAID IN FULL on sale date before equipment will be released. Acceptable forms of payment include Cashier’s Check, Travelers Checks, Wire Transfer or Personal/Company Check Accompanied by BANK LETTER OF GUARANTEE. No drafts will be accepted. All printed information regarding this sale is merely a guide, subject to change, and neither the auction Company, Sellers, nor Publishers shall be liable for any errors in this brochure. All items will be sold “AS IS, WHERE IS, WITH ALL FAULTS” and without guarantee or warranty of any kind, either expressed or implied. A 2.5% Admin Fee will be charged on all onsite purchases. Additional Internet Fee will be charged for online bidding. Purchasers who are tax exempt MUST provide a copy of their SALES and USE TAX PERMIT at the time of BIDDER REGISTRATION. The company Federal Identification Number, or for a proprietorship, the purchaser’s social security number will also be required at registration. AUCTION INFORMATION TERMS OF SALE TAX NOTICE SALE SITE HILTON GARDEN INN Yard #1 Loop 250 Exit 131 Loop 250 TX - 191 Exit 121 Exit 126 Midland International Airport Loop 250 North CR 1150 / Elkins Rd ECR 72 CR 1148 Yard #1 (74) 320-120 Pumping Units 2006 ATLAS COPCO RD-20 Long Tower (95) NEW API PUMPING UNITS WATER WELL DRILLING RIG WINCH TRUCK (12) MUD LOGGING TRAILERS Absentee Bids Only Allowed with 50% DEPOSIT OF MAXIMUM BID and WRITTEN INSTRUCTIONS to Odessa Office 24 HOURS PRIOR TO AUCTION, NO EXCEPTIONS. Foreign Buyer Notice: You must be pre-approved 48 hours before auction to register to bid. For further information contact [email protected] BRING A COPY OF YOUR SALES & USE TAX PERMIT! 2.5% Admin Fee Will Be Charged On All Onsite Purchases NEW! Auctioneers: Jim Richie - TX Lic# 13742 • James Dyess - TX Lic# 8550 5% Total Internet Bidding Fee 341 Hours!

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Page 1: D ate&Time: Thursday, March 24th, 2016 @ 9:00AM …kruseenergy.com/wp-content/uploads/2016/03/16-0324_Bro.pdfTHURSDAY, MARCH 24th, 2016 @ 9:00 AM (CT) MIDLAND, TEXAS @ The Hilton Garden

THURSDAY, MARCH 24th, 2016 @ 9:00 AM (CT)

MIDLAND, TEXAS@ The Hilton Garden Inn

FOR MORE INFO – Call 432-563-2005, View Online at www.kruseenergy.comor Call Steve Taylor (432-448-0406) or Eric Dyess 940-452-4132

1-432-563-2005­•­Fax:­432-563-792911611­County­Road­128­West­• Odessa,­Texas­79765

www.kruseenergy.com

­Date­&­Time: Thursday, March 24th, 2016 @ 9:00AM (CT)Auction­Location­&­Crew­Headquarters:The Hilton Garden Inn • 1-432-689-0022 (Res)1301 North Loop 250 · Midland, Texas 79706Other­Hotels:Residence Inn • 5509 Deauville Blvd · 432-689-3511Town Place Suites • 5508 Deauville Blvd • 432-694-6000Sleep Inn • 5612 Deauville Blvd • 432-694-4200Airport: Midland International AirportServed by Major Carriers with Major Car RentalsAvailable

All bidders must register and provide proper identification. All purchases must bePAID IN FULL on sale date before equipment will be released. Acceptable formsof payment include Cashier’s Check, Travelers Checks, Wire Transfer orPersonal/Company Check Accompanied by BANK LETTER OF GUARANTEE. Nodrafts will be accepted. All printed information regarding this sale is merely a guide,subject to change, and neither the auction Company, Sellers, nor Publishers shallbe liable for any errors in this brochure. All items will be sold “AS IS, WHERE IS,WITH ALL FAULTS” and without guarantee or warranty of any kind, eitherexpressed or implied. A 2.5% Admin Fee will be charged on all onsitepurchases. Additional Internet Fee will be charged for online bidding.

Purchasers who are tax exempt MUST provide a copy of their SALES and USETAX PERMIT at the time of BIDDER REGISTRATION. The company FederalIdentification Number, or for a proprietorship, the purchaser’s social securitynumber will also be required at registration.

AUCTION INFORMATION

TERMS OF SALE

TAX NOTICE

SALE SITEHILTON

GARDEN INN

Yard #1

Loop

250

Exit 131Loop 250

TX - 191

Exit 121 Exit 126

MidlandInternational

Airport

Loop 250

Nor

th C

R 1

150

/ Elk

ins

Rd

ECR 72

CR

114

8

Yard #1

(74) 320-120 Pumping Units

2006 ATLAS COPCO RD-20 Long Tower

(95) NEW API PUMPING UNITSWATER WELL DRILLING RIG

WINCH TRUCK(12) MUD LOGGING TRAILERS

Absentee Bids Only Allowed with 50% DEPOSIT OFMAXIMUM BID and WRITTEN INSTRUCTIONS to OdessaOffice 24 HOURS PRIOR TO AUCTION, NO EXCEPTIONS.Foreign Buyer Notice: You must be pre-approved 48hours before auction to register to bid. For furtherinformation contact [email protected]

BRING A COPY OF YOUR SALES & USE TAX PERMIT!

2.5% Admin FeeWill Be ChargedOn All OnsitePurchases

NEW!

Auctioneers: Jim Richie - TX Lic# 13742 • James Dyess - TX Lic# 8550

5% Total Internet Bidding Fee

341 Hours!

Page 2: D ate&Time: Thursday, March 24th, 2016 @ 9:00AM …kruseenergy.com/wp-content/uploads/2016/03/16-0324_Bro.pdfTHURSDAY, MARCH 24th, 2016 @ 9:00 AM (CT) MIDLAND, TEXAS @ The Hilton Garden

MIDLAND, TEXAS • THURSDAY, MARCH 24TH @ 9:00AM (CT)

James B. Richie, Chief AuctioneerTX Lic#13742, OK Lic# 0330149

DIRECTIONS: From the intersection of I-20 & FM 1788 (Exit# 126), travel west on I-20 Service Roadfor 1 mile to C.R. 1290 (Coors Road). Turn right on Coors Road and go north for 0.3 mile to C.R. 128West. Turn left and yard will be on the left. Off. 432-563-2005, Fax 432-563-7929. Preview­beginning Fri, March 18th, 2016 (8 to 5 Mon-Fri) & WEEKEND BY APPOINTMENT ONLY.Checkout thru Fri April 8th, 2016 (8 to 5 Mon- Fri) & WEEKEND BY APPOINTMENT ONLY.Checkout­Supervisor: Jeff Dority 432-260-5266

2006 ATLAS COPCO RD-20 Long Tower Drilling Rig p/b CUMMINS QSX-19 755HP Diesel Eng(W/341 Hours), ATLAS COPCO 1250/350 Air Compressor Hydraulic Driven, ATLAS COPCO 55’HLong Tower Mast w/Swing Arm, BENSON Hydraulic Top Drive, Hydraulic Platform & Console, CoolingTower, All Mtd on 2006 CCC 5-Axle Carrier p/b CAT C-13 Diesel Eng, EATON 8-Spd Trans,425/66R22.5 Tandem Steer Front & 11R22.5 Rear Tires

RD-20 Hydraulic Top Drive (Reconditioned) • GARDNER-DENVER FXX 5x8 Duplex Pump p/bCUMMINS Diesel Eng, 5-Spd Manual Trans, w/Mud Manifold & 6’W x 4’6”H x 12’L Mud Tank, Skidded• 1,700’ 4-1/2” Aluminum Drill Pipe w/2-7/8”IF • 1,500’ 4-1/2” Steel Drill Pipe w/2-7/8”IF

2006 KENWORTH T800B T/A Winch Haul Truck, 262” WB p/b CAT C-15, 13-Spd Trans, BRADEN MS50 Winch

(12) 2006 CAVALIER Mud Logging Trailers w/ Lab, Bunk Beds, Bathroom, Blue Ray Chromatograph,E-Machine Computers w/Battery Back-Up Packs, Mud Logging Equipment Drying Lights, SeparatePower Connections, Separate Circuits

DIRECTIONS: 3510 North County Rd 1148, Midland, TX. From the east side of Midland, head west onI-20 toward Exit #144, Take Exit #144 toward TX-250/Midland, Merge onto I-20 Bus. W. In 2.5 MilesTurn Right on to North CR 1150/ Elkins Rd. Travel 1.1 miles and turn right onto ECR 72. Travel .3 mileturn left onto CR1148. Travel .2 mile to yard on right. Preview beginning Fri, March 18th, 2016 (8 to 5Mon-Sat) & (1 to 6pm on Sunday). Checkout thru Fri. April 8th, 2016 (8 to 5 Mon- Sat. No Checkouton Sundays). Checkout­Supervisor: Joe Jones 325-647- 6450

(14) CHENGDU BODE 912 Crank Balance Pumping Units w/192” Max Stroke • (3) CHENGDU BODE640 Crank Balance Pumping Units w/168” Max Stroke • (5) CHENGDU BODE 456 Crank BalancePumping Units w/144” Max Stroke • (74) CHENGDU BODE 320 Crank Balance Pumping Units w/120”Max Stroke • (5) CHENGDU BODE 228 Crank Balance Pumping Units w/86” Max Stroke

WATER WELL DRILLING RIG

YARD #1 - ODESSA, TEXAS

COMPONENTS / ALUMINUM DRILL PIPE

WINCH / HAUL TRUCK

MUD LOGGING TRAILERS

YARD #2 - MIDLAND, TEXAS

NEW API PUMPING UNITS

(14) 912-192 Pumping Units

2006 KENWORTH T800B Winch Truck

2006 CAVALIER Mud Logging Trailer

JAMES B. RICHIE, AUCTIONEERJAMES DYESS, AUCTIONEER

(5) 228-86 Pumping Units

JIM RICHIE918-289-1482

DAVID LONG432-661-6272

STEVE TAYLOR432-448-0406

SCOTT FELKER623-980-5546

GARY STOUT405-203-0311

PAT PERRYMAN210-862-2964

LARRY MITCHELL903-237-8916

JAMES DYESS940-328-2882

TIM ARCHER304-382-9799

ERIC DYESS940-452-4132

GARY BERGMAN210-410-7489

GEORGE RICH409-790-9315

PRESORTEDFIRST CLASS MAIL

US POSTAGE

PAIDSAN ANTONIO TXPERMIT NO 4043

PO Box 276Mart, TX 76664

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