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Bankruptcy Auction | Selling Land and Equipment Auction
Description:

Court Ordered Bankruptcy Auction | Selling Land and Equipment Separately
TAA1909A (Plant & Equipment)
Bankruptcy Auction! Ordered by the U.S. Bankruptcy Court, Southern District of Texas. Infra Technology LLCs modular, transportable GTL (Gas-To-Liquid) M100 plant for processing natural and associated gas into synthetic crude oil. The GTL Plant is selling as a unit separately from the land. The land is 5.2604 +/- ACs on U.S. Highway 59. Approx. 1.3 +/- ACs of stabilized yard. The Property has all available utilities on site. The Plant will Sell to the Highest Bidder!
DONT MISS THIS OPPORTUNITY TO BUY UNDER MARKET VALUE!!!

Modular, transportable GTL (Gas-To-Liquid) M100 plant for processing natural and associated gas into synthetic crude oil
The GTL Plant converts the natural gas feed to synthetic crude oil passing through several technological blocks.
The GTL Plant is utilizing state of the art technology to fully integrate energy and material balance. The base configuration of the GTL plant incorporates a fuel (synthetic oil) enhancement block to meet market requirements.
The feed gas supplied to the GTL Plant during normal operation is defined to be 1 MMSCFD, considering plant annual operation cycle of 8000 hr/year. The gas will be supplied at a pressure of 27 bar. The Steam-Methane-Reformer (SMR) uses steam and methane to produce synthesis gas. The heat from the furnace is recovered in the Waste Heat Boiler. The synthesis gas is then cooled and sent to the Amine Section. In the amine section the carbon dioxide is removed from the synthesis gas. The synthesis gas is then sent to the membrane section. Here the desired hydrogen to carbon monoxide ratio is achieved. The non-permeate stream of the membrane is then sent to the Fischer-Tropsch section. Here the gas reacts to produce synthetic crude. The crude is then cooled and separated into unreacted gas, water, and product. The product is then sent to the product storage tank. Refer to figure 1 the block diagram for the GTL process.
The produced synthetic fuel is fully compatible with existing global liquid fuel and oil industrial process technologies. The INFRA synthetic fuel assay confirms a high quality liquid mono-product - light synthetic oil:
o More than 95% of liquid light fractions,
o No sulfur and aromatics,
o Large fraction of iso-paraffins and olefins,
o High cetane number for diesel fuel,
o Large (up to 45%) fraction of jet fuel fraction
The GTL Plant utilizes a proprietary catalyst, which is the intellectual property of Infra Technology LLCs Parent Company and is critical to the system design and operation. NOTE: The Parent Company is going to offer a license to use the proprietary catalyst at no cost to the purchaser who is interested in continuing the operation of the plant.
Location is the East side of US Highway 59 (just South of the intersection of Hwy 59 & Business 59), Wharton County, TX

TAA1909B (Real Estate)
Bankruptcy Auction! Ordered by the U.S. Bankruptcy Court, Southern District of Texas. 5.2604 +/- ACs on U.S. Highway 59. Approx. 1.3 +/- ACs of stabilized yard. The Property has all available utilities on site. The property is the site for Infra Technology LLCs modular, transportable GTL (Gas-To-Liquid) M100 plant for processing natural and associated gas into synthetic crude oil. The GTL Plant is selling as a unit separately from the land. The land will Sell to the Highest Bidder!
DONT MISS THIS OPPORTUNITY TO BUY UNDER MARKET VALUE!!!

Approx. 5.2604 ACs or 229,143.02 SF of land
Location is the East side of US Highway 59 (just South of the intersection of Hwy 59 & Business 59), Wharton County, TX
Zoning: None
Topography: Grade level
Utilities:
o Electricity: 3-Phase Power
o Water/Sewer: City
o Gas: Centerpoint
Flood Hazard: Zone X500 & A according to FEMA #484810355
Fencing: Hurricane Fence with Barb Wire/Electronic Entry Gate
Parking: Approx. 60,000 +- SF of Crushed Rock Stabilized Yard
56 Miles Southwest of Houston CBD
Market Area: Wharton is the County Seat and is located on the Colorado River just East of U.S. Highway 59.

Tranzon Asset Advisors of Texas, LLC #9008058, Kelly D. Toney, TX Auctioneer #11818
United States Bankruptcy Court, Southern District of Texas, Houston Division, Case No. 19-31444
10% Buyers Premium and other terms apply.
Online bidding ends at 3:00 pm CT TAA1909A (Plant & Equipment) & 4:00 pm CT for TAA1906B (Real Estate)
For more information, please contact Kelly Toney at 888-791-7307 ext. 88 or ktoney@tranzon.com

Property Address - 7391 US-59, Wharton, Texas 77488

City:
Wharton
State:
Texas
Country:
United States
Phone:
8887917307ext. 88
Photos:
( none )
4/23/19 Auction Home 5 Acres&155 Acres, Minerals & Equipment Auction
Description:

160 ACRES * MINERALS * FARM EQUIP & MORE!
HOME w/5 Acres * Shed * Pond & 155 Acres Crop * Pond * Improved Grass Pasture
VEHICLES/MOTORCYCLES/ATV/GO CARTS * TRACTORS/COMBINE * TILLAGE EQUIP * TRAILERS * FURNITURE * MISC
OPEN HOUSE DATES: Sunday April 7th, 2-4 PM, April 18th, 6-7:30 PM.
Direction to Farm: From the intersection of Hwy 74 and Breckinridge Rd (E0400Rd) (Jiffy Trip corner in Garber) go 6 miles east, 1 mile north and a quarter mile back west. Longitude-Latitude (36.447483, -97.484002)
NE/4 SEC 26-T23N-R3W Garfield County, Oklahoma
Tract 1: House and approximately 5 acres
The home according to Garfield County Assessor office is 1960 sq/ft.
This attractive brick home consist of three bedrooms, 1 baths, kitchen, formal dining, open floor living area, laundry room and attached 2 car garage. Really nice tile and carpet throughout the home. It has Central heat and air, well water and a septic tank, water softener, lots of natural light inside the house with numerous closets and storage. The shop next to the home is 4070 Butler with cement floor. Call for appointment to view or come to open house dates.
Tract 2: Crop and pasture land 155 acres
The parcel of land consists of approximately 155 acres. There are some hunting possibilities for water fowl, small bird and deer. There is a really nice 2-3-acre pond on the northeast side of the property. The house, shed and another small pond will be in tract 1. The remainder of the property will be in tract 2. The land lays relatively well. According to the FSA office there are 153.94 acres of farmland, 109.32 DCP cropland with the balance in grass, trees and ponds. There is a wheat base of 109.3 acres with a 41-bushel yield. Preview land on your own during daylight hours.
SOIL TYPES: Kirkland silt loam Class II, Kirkland Renfrow Class III, Renthin-Masham complex Class III.
Combination of tracts 1 and 2.
TERMS REAL ESTATE: 10% down of the total purchase price is to be placed in escrow the day of the auction with the balance being due upon delivery of marketable title. All information is taken from sources believed to be reliable; however, no guarantee is made by the auction company or its employer. Buyers should satisfy themselves as to the condition prior to the day of the auction. Any announcements made the day of auction supersede all advertising.
Survey: Seller will only be providing boundary survey if tracts sell separately.
TAXES: 2018 Taxes were $1,406.00. The 2019 taxes will be prorated to day of closing.
POSSESSION: Of the home will be at closing, and the land will be given after the harvest of the 2019 wheat crop.
Pre-Offers: No offers will be accepted prior to this auction.
Tract 3: Seller believes they own 100% of the minerals and they will transfer with a Mineral Quit Claim Deed.
Terms on Minerals: 100% due day of the auction.
PERSONAL PROPERTY WILL SELL IMMEDIATELY FOLLOWING REAL ESTATE.
Order of Personal Property: We will be offering contents in home, then Rolling Stock, Tillage then misc. items. More detailed order will be on website week before auction.
FURNITURE: Ethan Allen Dining Room table 4 chairs and Hutch; Ethan Allen Dinette table 6 chairs; Ethan Allen corner book case and desk; Ethan Allen 7ft Blue Leather couch and matching chair and ottoman; 2 Ethan Allen twin beds; matching dresser, chest of drawers and night stand; Roper electric dryer (like new); Whirlpool washer; Area rug 8 x 11and a 29x 89 hall runner; Winchester Gun Safe (Silverado 49) 72x42x30; American Security gun safe 4 6x 17 x 16; books, vacuum sweeper, metal shelving, misc. household items.
VEHICLES/MOTORCYCLES/ATV/GO CARTS:
2005 Freightliner M2 Business Class with a C7 Caterpillar engine, Allison Auto, nearly new tires all around, VIN#1FUBCYDC95HU50931, 109,430 miles; 2006 GMC 2500 pickup with a Omaha service bed, V-8 motor, auto transmission, near new twin cylinder air compressor, 105 gal. fuel tank with electric pump, near new tires, good condition, VIN#1GDHC24U36E177765, 149,810 miles;

1978 GMC 6500 Tandem truck, 427 cu. in.,5spd/2spd transmission, 20ft. bed with steel floor and roll over top, VIN#TCE668V603775, 62,528 miles; 1974 Chevrolet C-60 Tandem truck, 366 cu. in., 5spd/2spd transmission, 20ft. bed with steel floor and roll over top, VIN#CCE624V107282, 57,759 miles;
1982 VW Rabbit Pickup with camper, diesel, standard transmission, VIN#1V1KG0174CV089355, 267,801 miles (ran when parked, does not run now);
HARLEY-DAVIDSON 2003 100th Anniversary Addition motorcycle lots of extras, (excellent condition) VIN#1HD1CGP183K403413, 3605 miles;
2011 Yamaha TT-R230, 223cc air-cooled SOHC 4-stroke, trail bike with 6-Spd transmission VIN#9C6C028YC0006924;
2007 Hunlei motorcycle (Bill of Sale only) VIN#1F34CH3027D000297, 59 miles does not run;
Chuckwagon 42 CW-200 American Sport Work, does not run,(Sold new at Atwoods)(Bill of Sale only);
1962 International B160, V-8, 4 spd, tank delivery body VIN#B162SB159402E does no

City:
Garber
State:
Oklahoma
Country:
United States
Phone:
580-747-6705
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