Liquidity Services to Conduct Online Auction on Behalf of Murphy Oil

Liquidity Services LQDT is conducting an online auction on behalf of Murphy Oil MUR. The auction will sell pipe and drilling equipment no longer needed in Murphy's daily operations at its Pointe Noire location in the Republic of Congo. Interested buyers will have the opportunity to bid on over 100 assets which consist of: Subsea Wellhead, Completions, Casing and Tubing, Drilling, Pipe and Shop equipment via Liquidity Services' online marketplace www.NetworkIntl.com. See full press release