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Utah drilling company selling entire fleet in upcoming Ritchie Bros.' Salt Lake City auction

2017-09-18 11:35 ET - News Release

Most Wanted Drilling selling 90+ items, incl. several foundation drills on September 26 

SALT LAKE CITY, Sept. 18, 2017 /PRNewswire/ - On September 26, Ritchie Bros. will sell more than 750 heavy equipment items and trucks for 100+ companies, including 90+ items for Most Wanted Drilling LLC, a Utah-based drilling company. All items will be sold on auction day without minimum bids or reserve prices.

"Most Wanted Drilling is one of the most well-respected drilling companies in the area, we are so proud that they have chosen us to sell their fleet," said Ron Moss, Regional Sales Manager, Ritchie Bros. "On top of the great selection of drilling equipment, we will also be selling construction, transportation, and other heavy industrial assets. And since the auction is completely unreserved, every item is guaranteed to sell to a new owner on auction day."

Most Wanted Drilling is a general engineering contractor specializing in caisson drilling and pier placement. The 20+-year-old company, founded by Phil Stilson and Brad Argyle, is known for their outstanding safety record, well-maintained equipment and involvement in several major drilling projects. The company name and employees were recently acquired by another company—that company did not acquire Most Wanted Drilling's equipment as part of the purchase.

"We chose Ritchie Bros. because we believe they are the best equipment sales company in the world—the exposure they achieve for my equipment through their marketing is second to none," said Mr. Stilson, president and owner of Most Wanted Drilling. "We are selling everything—drill rigs, excavators, forklifts, skid loaders, cranes, forms, tools, and more—enough equipment to start a whole caisson drilling or subgrade foundation business. We always took great pride in our gear."

Specific equipment highlights:

  • 2012 Soilmec SR65 crawler foundation drill
  • 2014 Soilmec SR45 crawler foundation drill
  • 2011 Soilmec SR40D crawler foundation drill
  • 2009 Soilmec SR65 crawler foundation drill
  • 2006 Soilmec T108 truck-mounted foundation drill
  • 1996 Soilmec R515 crawler foundation drill
  • 2008 LoDril DH60-6 foundation drill
  • 2006 Komatsu PC300LC-7L 60-ton vibratory pile hammer

For detailed equipment information, including high-res photos, visit rbauction.com/salt-lake-city.  

About Ritchie Bros.:
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Operating in a multitude of sectors, including construction, transportation, agriculture, energy, oil and gas, mining, and forestry, the company's selling channels include: Ritchie Bros.Auctioneers, the world's largest industrial auctioneer offers live auction events with online bidding; IronPlanet, an online marketplace with featured weekly auctions and providing its exclusive IronClad Assurance® equipment condition certification; EquipmentOne, an online auction marketplace; Mascus, a leading European online equipment listing service; and Ritchie Bros. Private Treaty, offering privately negotiated sales. The company also offers sector-specific solutions including GovPlanet, TruckPlanet,Kruse Energy Auctioneers, and Cat® auctions, plus equipment financing and leasing through Ritchie Bros. FinancialServices. For more information about the unprecedented choice provided by Ritchie Bros., visit RitchieBros.com.

Photos and video for embedding in media stories are available at rbauction.com/media

SOURCE Ritchie Bros.

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