Now this is an auction - Canadian oil town

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There is a Canadian auction company - Ritchie Brothers. I like them just as much as I like James G. Murphy. They run a clean auction with no shilling and they usually are selling interesting stuff.

Check out this listing:

One of the biggest-ever items in Ritchie Bros.' inventory: a 1,200-person work camp
In Ritchie Bros.' 55+ years in business, we've sold a lot of seriously big heavy equipment items, trucks, and more – everything from massive bucket wheel excavators, front shovels, rock trucks, and other massive mining equipment to ships, barges, and huge cranes.

But nothing really comes close in sheer physical size to this unique asset we're selling by private treaty: a 1,200-person workforce accommodation camp located approximately 50km north east of Peace River, AB, Canada.

A camp with all the bells and whistles.
Imagine a camp the size of a small town, but with all the modern conveniences of the big city: full-service dining, medical clinic, modern living suites, bar/lounge and recreation suites, and wireless internet.

This work camp has a fully-equipped gym complex complete with indoor running track, squash courts, weights and aerobic equipment. The camp even has its own power and utilities system. Take a virtual tour in the video below.

And the kicker is that you are not buying the property - from the listing:

Note: Buyer's responsibility includes dismantling entirety of workforce accommodation. Buyer assumes full responsibility for load out, any scrapping of workforce accommodation equipment or materials and transportation for scrapping and/or relocation to final destination for the workforce accommodation. Note: pile foundations are not included with the workforce accommodation, however, may be purchased separately.

The buyer has to move the entire facility. I cannot imagine the loss the original owners must be taking on this - they probably have loan payments on the construction costs otherwise, they could hold onto it until the oil prices inevitably rise again.

Peace River is about 200 miles Northwest of Edmonton which is itself about 200 miles due North of the border with the USA. It is about the same Latitude as Ketchikan, Alaska.

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About this Entry

This page contains a single entry by DaveH published on July 30, 2016 3:01 PM.

Ho Li Crap - quite the guitar was the previous entry in this blog.

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