Second Round of Real Estate Auctions Set for Halliburton All Q2 Auctions Closed With 100% Acceptance

TULSA, Okla., Aug. 26, 2016

The properties include warehouses, maintenance facilities, offices and land, and are located in Texas, Louisiana, Mississippi, Kansas and West Virginia. Two additional properties are located in the Canadian provinces of Nova Scotia and Alberta. Several of the properties in the portfolio will Sell Absolute, Without Reserve to the highest bidder.

"Following a very successful round of auctions in late June, the seller was able to realize full market value and liquidity in a very short, 60-day period," said Fontana Fitzwilson, Executive Vice President of Williams & Williams. "We believe this new assemblage of auction properties offers buyers comparable value and opportunity in terms of facility quality and locations."

Fitzwilson said Halliburton is once again offering limited buyer indemnifications and will sell several of the properties Absolute, Without Reserve to demonstrate their commitment to the disposition of these real estate assets.

The auctions will be open to the public and bids may be placed in person for the U.S. properties, or online for all properties. Online bids can be placed at AuctionNetwork.com, a sister company to Williams & Williams.

Fitzwilson said the high bidders will be required to make a non-refundable 10% down payment immediately after the auctions, and close in 30 days. For more information and to request due diligence packages please visit https://www.williamsauction.com/halliburton

About Williams & Williams:
Williams & Williams (www.williamsauction.com) is a worldwide real estate auction firm and the leader in global live and interactive auctions.  A full-service brokerage with an operating footprint in all 50 United States and U.S. Territories, Williams & Williams also cooperatively partners with residential, commercial and land brokers to auction properties throughout the United States and abroad.