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Commercial Property and Related Assets for Auction in Texas

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Listing Information

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Commercial Property and Related Assets for Auction in Texas



Price: Not Specified

Other Item Info
Item #: txsbke_430889
Created: 04/02/2019
Category: Real Property > Commercial > Commercial Vacant Land/Building
Sale Date: Mon. May 13, 2019
Seller Info
Marc Douglas Myers
Trustee's Attorney
2 Riverway, Suite 700
Houston, Texas 77056
(713) 626-1200
Bankruptcy Info
Case #: 4:19-bk-31444
Case Title: INFRA Technology LLC
Court: Texas Southern Bankruptcy Court
Chapter: 7
View Case Docket

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Real Estate Location

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7391 US-59
Wharton, TX, 77488

Description

Internet Auction Sale of commercial property and related assets located in Wharton, Texas, described as below:

  • 7391 Highway 59, Wharton, TX 77488: Approximately 5.26 acres of improved real property located in Wharton, TX. The Property was utilized by the seller as the construction site for a small industrial test plant to be used in its efforts to demonstrate the ability to convert natural gas to crude oil using a proprietary process. The elements of this plant are modular in nature - being affixed to skids not the land - and are removable by non-destructive means. The seller has advised the Trustee that the plant is not operating and there are no chemicals or hazardous materials at this location; and
  • Related Assets: The modular, transportable GTL (gas-to-liquid) M100 plant for processing natural and associated gas into synthetic crude oil located at 7391 Highway 59, Wharton, TX 77488.

Additional Details

Internet based public auction commencing on Monday, May 13, 2019 @ 3:00 p.m. EST and continue until Wednesday, May 15, 2019 @ 3:00 p.m. EST (the “Auction”).

Inspection: May 8, 2019 from 11:00 a.m. to 1:00 p.m.

Last date to respond: 21 days from the date of service
Date of Service: March 29, 2019



Other Information

Terms and Conditions:

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