BILL OF SALE
1
EXHIBIT 10.15
BILL OF SALE
FOR GOOD CONSIDERATION, and in payment of the sum of $ 10.00 and other good
and valuable considerations, the undersigned (Seller), hereby sells and
transfers to BASIC TECHNOLOGIES, INC., (Buyer), OR ASSIGNS, the following
chattels and personal property: (Describe property)
SEE LIST OF EQUIPMENT ON EXHIBIT "A"
ATTACHED (SIX PAGES).
The Seller warrants it has good title to said property, full authority to
sell and transfer same, and that said property is sold free of all liens, claims
and encumbrances. Seller warrants it will defend and indemnify Buyer from any
adverse claims.
Dated: 2/7/99
/s/ XXXX XXXXXXX
-------------------------------------
XXXX XXXXXXXX XXXXXXX, AS THE AUTH
In the presence of: OFFICER OF SIMPCO, INC. AND AS EM-
POWERED POWER OF ATTORNEY OF
ALL STOCKHOLDERS OF SIMPCO, INC.,
INDIVIDUALLY; AND IN ANY / OR
/s/ X XXXXXX ALL CAPACITIES IN ANY WAY OR
---------------------------- MANNER RELATING TO SIMPCO, INC.,
XXXXX XXX XXXXXX OR THE INDIVIDUALS INVOLVED.
IN TRUCK - BUT DID NOT SIGN
----------------------------
XXXXX XXXXX
BW
2/7/99
2
P. 02
ATTACHMENT TO BASIC / SIMPCO ACQUISITION AGREEMENT
EQUIPMENT LIST
Sub base 4 x 16 x 1 2,500.00
4 1/2 5 1/2 7" packer (2 each) 5,000.00
1 lot pipe wrenches 2-24" 2-36" 1-18" 1-48" 1-60" 850.00
1 lot misc. hand tools 500.00
1 weight bar 250.00
1 hydraulic sub saver 1,200.00
4 1/2 - 5 1/2 - 8 5/8 cementing hoods 7,500.00
1 set 20 bbl disposal tanks 750.00
Misc. drill bits 2,500.00
Misc. drilling subs & change overs 5,000.00
3 float shoes 3,000.00
600' 2 7/8 drill pipe smooth joints 6,000.00
1500' 3 1/2 drill pipe 7,500.00
6 - 4 1/2 drill collars 6,000.00
4 - 3 1/2 drill collars 4,000.00
1 - stripping head 4 1/2 2,500.00
1 lot pipe wrenches 2 - 24" 1-36" 1-18" 1-48" 1-60" 750.00
1 lot shop hand tools 2,500.00
1 metal bench with vice 750.00
1 hydraulic press 1,500.00
1 welding bench 750.00
1 4 1/2" over shot 1,500.00
1 lot chains & boomers 750.00
3
P. 03
ATTACHMENT TO BASIC / SIMPCO ACQUISITION AGREEMENT
EQUIPMENT LIST
Skid for pump with 500 gl. diesel tank 1,500.00
Skid mounted dog house 1,500.00
Metal drilling pits 4,500.00
Skid mounted spool - N.C. 1,500.00
Skid mounted pump 5 x 10 Gaso - 3-71 diesel 14,500.00
2 5 x 10 Gaso pumps 12,000.00
1 extra 5 x 10 Gaso fluid end 3,000.00
4 x 6 Gaso pump - electric motor skit mounted 6,500.00
4 x 6 Oilwell pump 2,500.00
X. X. 35 KW Generator & Lincoln Welder 12,500.00
260 Amp Shop welder electric 2,500.00
200 gal. Skid mounted diesel tank 750.00
500 gal. Diesel overhead storage tank 750.00
Electric chop saw 250.00
3 sets cutting torches 1,000.00
Skid mounted 3 x 4 centrifugal pump - 3-71 Detroit power 6,000.00
1 extra 13 speed......truck 1,500.00
Extra 290 Cummins Big......truck 5,000.00
Extra 8V71 Comp. for parts or rebuild 1,500.00
6V71 parts only 500.00
1 pipe tester & pipe straightener (motor & pump) 18,500.00
1 - 150 bbl. Skid mounted water tank 1,500.00
8 x 8 x 32' mixing & water storage pit 3,500.00
Cement bond tool (wire line) 6,500.00
4
P. 04
ATTACHMENT TO BASIC / SIMPCO ACQUISITION AGREEMENT
EQUIPMENT LIST
54 - 93 Xxxxxx Tongs 2 3/8 - 7" 18,500.00
------------
8 5/8 Casing Tongs 17,500.00
Pec -O Matic Tongs 2 3/8 - 5 1/2 12,500.00
Small set of Xxxxxx Tongs 7,500.00
2 sets of Air Xxxxxxxxx deep well slips 9,000.00
------------
1 set BJ Air deep well slips 3,500.00
1 set OTCO 4 1/2 slips 2,500.00
3 sets rod elevator 4,500.00
3 sets rod wrenches 2,150.00
1 set T 110 slips 4 1/2 & 5 1/2 inserts 6,500.00
Drag rings & inserts (2 3/8, 2 7/8, 3 1/2, 4 1/2, 5 1/2, 7) for FosterTongs 12,500.00
1 set Pennant 260 pad weight ind. 4,500.00
1 set Pennant 140 pad weight ind. 3,500.00
Line scale 260,000 2,500.00
Line scale 400,000 4,500.00
2 Bridge plug setting tools (wire line) 8,000.00
3 - May collar locators (wire line) 4,500.00
1 - 3 1/2" magnet (wire line) 1,200.00
Misc. sub & connections (wire line) 8,000.00
2 set Xxxxxx back-up for tongs 4,000.00
1 set manual make-up & breakout tongs 7,500.00
2 hyd. B. O. P. 7,000.00
Xxxxx S-45 power swivel 18,000.00
1 set X.X. Rig back-up 1,500.00
2 3/8 - 2 2 7/8- 2 4 1/2 - 2 5 1/2 - 2 7" 2 elevators 10,000.00
8 5/8 - 9 5/8 - 10 3/4 elevator 1 each 5,000.00
7" - 8 5/8 - 9 5/8 - 10 3/4 slips & bowls 7,500.00
5
P. 05
ATTACHMENT TO BASIC / SIMPCO ACQUISITION AGREEMENT
EQUIPMENT LIST
Pump & Cement mixing trailer (2 pumps) 57,500.00
------------
30 Ton Loadcraft Trailer drop deck 14,500.00
Cement bulk trailer 800 sack double tear 15,500.00
Cement bulk storage Trailer 1200 + sack 16,500.00
Dozer trailer single tandem 6,500.00
Trailer 35" float 5,500.00
Blue pipe trailer single tandem 5,500.00
40 bbl. Water trailer single dual 4,500.00
200 bbl. Water storage trailer 8,500.00
180 bbl. Water Trailer 16,500.00
2 axle drill pipe trailer 800" pipe 5 collars 19,500.00
Single axle metal dog house trailer 5,500.00
Blue pit tr. 3 axle (cement mixing) 5,500.00
Portable pump trailer 10 x 5 Xxxxxxx pump 7,500.00
Eqp. Trailer (low boy) Tandem duals 16,500.00
30" dual Tandem tr. Vac/hyd brakes rolling tail 6,500.00
X.X. hyd. Power unit trailer mounted 7,500.00
Steel flat bed tr. 2 axle 1,500.00
Slick line wire trailer (shooting rig) 3,500.00
Set of casing jack - with hyd. power unit 25,000.00
35" sq. xxxxx & swivel 2,500.00
32" brown pipe tr. tandem 4,500.00
6
P. 06
ATTACHMENT TO BASIC / SIMPCO ACQUISITION AGREEMENT
EQUIPMENT LIST
Rig double triple 658 draw works 145,000.00
------------
Rig super 38 Xxxxxx 66" xxxxxxx 75,000.00
Xxx Xxxxxxxxx (Drill & workover comb.) 55,000.00
1975 Fort 4 T water truck & pump 16,000.00
------------
Xxxx Truck (350 Cummins) 16,500.00
White Truck (290 Cummins) 14,500.00
1972 Ford 3 1/2 T (150 sack cement xxxxxx & blower) 18,500.00
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Int. Truck 4 T (200 sack cement xxxxxx & blower) 14,000.00
1980 Int. Truck with 6V92 7,500.00
White Chev. winch truck (diesel) 12,000.00
Green Chev. winch truck 8,500.00
Mack 50 bbl. water truck 16,000.00
D5 Cat dozer 35,000.00
450 Case Dozer 27,500.00
------------
1986 Ford 3/4 T P.U. diesel supercab 5,500.00
1993 Ford 3/4 T P.U. 7.3 turbo diesel supercab 17,500.00
1989 Ford 3/4 T P.U. gas supercab 8,500.00
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1975 Chev. Wireline Truck 22,500.00
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Int. Kill Truck 40bbl tank triplex pump bowie pump 45,000.00
Int. pipe testing truck (2 pumps) 7,500.00
Champ fork lift 18,500.00
