Retirement Auction

Auction Information


Tuesday, October 12 | 9am

3001 Main Street, Arkoma, Oklahoma – On Highway 112/Main Street on the south side of Arkoma, north of Pocola.

Auction Notes

Complete Liquidation of Family Owned Business & REAL ESTATE. Everything Goes! Drills and Support Equipment & More!

Auction Type
This will be an onsite auction combined with a virtual online auction! Whether you are onsite in Arkoma or logged into Proxibid, it will progress as a typical live auction, along with all the funniness of the auctioneers for your enjoyment. We encourage online bidding but customers will be allowed onsite as well. Of course Pre-Bidding, Early Bidding and Max Bidding will be available online – beginning a few days before the auction.

Buyers Premium of 8% will be added to the bid price of each item/all purchases. A slight additional premium will be added if bidding online. Applicable taxes will be charged and collected as well. If you bid online invoices will be emailed to the email address used at registration immediately after the conclusion of the auction from Included in this email will be the Invoice and Wire Transfer Instructions and Credit Card Payment Link. Payment is expected the day of the auction or the next morning. If you are exempt please make sure that we have your exemption form BEFORE the auction if possible. Email to

Buyers are encouraged to inspect items before bidding. On-site inspection will be Monday, October 11 from 8AM-5PM. If you want to inspect early call Bo at 501-944-0921 and we will see if there is availability.

Equipment Removal/Loadout
All items must be removed by Friday, October 15 afternoon. There will be assistance loading for a couple days. If you buy one of the rigs you will have more time to remove but you will also be responsible for removal – we will not be able to rig down or load. No loading dock available.


This valuable piece of real estate – Acreage | Yard | Shops | Office – will be auctioned this day as well.

Real Property Description

  • – +/- 14.64 Acres located in Arkoma, OK • Prime Location – access from Hwy 112 & Stateline Rd
  • 70’X80’ Metal Shop Building features 50’X80’ Main Shop & 20’X80’ Parts & Storage Area.
  • 8” Reinforced Concrete Floor, Six Large Bay Doors, Insulated, Liner Panel
  • Shop Heated, 3 Phase Electric, Auto Door Openers, LED Lights.
  • 20’X25’ Office Building w/ Reception Area, Office & Bathroom

Terms for the Real Estate Auction

  • Must have proof of availability of funds to register.
  • 10% Buyer’s Premium added to bidder’s final bid.
  • Closing in 30 Days.
  • Earnest Money – $25,000.00. Must Be in the Form of a Cashier’s Check Made Out to Thomas Blackmon Realty & Due Day of the Auction.
  • No Contingencies.
  • No Exceptions – Announcements made day of the sale take precedence over printed material

For more details – full legal, photos etc. – please email or call Michael Hinze at (501) 352-4709 or


Arkansas Auction Complex
425 Blackmon Rd
Lonoke, AR  72086
FAX 501-676-0218

Oklahoma Auction Complex
2801 South 32nd St
Muskogee, OK  74401

Texas Auction Complex
7111 Texas 171
Godley, TX  76044

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