Fuelled Engaged by PwC to Facilitate Large Energy Asset Disposition

BOE Report

Published On May 13, 2019

Today, Fuelled, Canada’s leading energy equipment marketplace, announced an agreement with PricewaterhouseCoopers Inc., LIT, in its capacity as the court appointed Receiver of Trident Exploration (“Receiver”).  This agreement will allow Fuelled to act as the exclusive sales agent for Trident’s surplus oil and gas equipment. Fuelled is representing the Receiver on the divestiture of approximately 250 pieces of production equipment located in Western Canada. “We look forward to working closely with the Receiver on this engagement while we continue to deliver an unparalleled customer experience to our online buyers” said Austin Fraser, VP of Fuelled.  “Trident’s equipment includes gas compression, separation, dehydration, refrigeration, MCC’s and other gas processing equipment that we believe there is strong demand for from our customers domestically as well as in the US and Overseas”

Trident’s Fuelled Certified Equipment can be seen at www.fuelled.com/trident

Fuelled Certified

Earlier this year, Fuelled announced the launch of Fuelled Certified, a comprehensive screening process for all equipment sold on the platform. The Fuelled Certified program ensures that each piece of equipment is visually inspected by Fuelled technicians.  Each asset will have a certified report, photos, videos and relevant data a buyer would need to purchase equipment online. Once a buyer has purchased a piece of equipment, Fuelled can handle the logistics of dismantling, shipping and installing the product.

Recent Achievement

Fuelled is proud to announce a milestone in the growth of its international business, with international projects now representing over 20% of total sales (trailing 12 months). Contributing to the company’s expansion in international business has been Fuelled’s allocation of resources towards increasing the reach of its digital platform and growth of its energy marketplace, now with over 20 supply side clients. Recently, Fuelled successfully generated an online lead, executed the sale and provided logistics, including removing and transporting a modularized 30 MMSCFD Amine Plant from Northern Alberta to Iraq. “We would like to thank our customer as well as our contractors who helped successfully execute this project.” said Ajay Singh, VP Business Development for Fuelled.

About Fuelled

Fuelled Energy Marketing Inc. The Calgary-based technology company operates two online marketplace platforms; Fuelled (www.fuelled.com) an exclusive sales consignment platform and ARMOUREE (www.armouree.com) a subscription-based inventory management and P2P sales platform. Fuelled Energy Marketing Inc. launched in 2014.

Please contact Austin Fraser, VP at Austin.Fraser@fuelled.com or 403-826-5701 for any questions or inquiries.