super energy power
Chapter 604 The Third Oil Well
Celebrations on the rig and auxiliary ships continued all night, as did negotiations between representatives of the various companies.
Negotiations are proceeding so slowly, on the one hand, because the content of the negotiations is too complicated and too important; on the other hand, it is also because different representatives have different authority. For companies such as British Global Petroleum and Dahua Industrial, the president of the company came Or the chairman of the board can make a decision on the spot, while the French fina or the American Sig have only the person in charge below the deputy level. Once the estimated amount and rules are exceeded, they must contact the domestic... Repsol and the American gac, both It is a group company with complex equity. When large sums of money are involved, neither the president nor the chairman can make the decision, and the board of directors must authorize it.
However, everyone is used to this seemingly slow-paced, but actually fast-paced negotiation method.
Sioux City and the others have a meeting here, and several companies have to hold their own meetings in China.The meeting must also be an emergency board meeting, and some company directors who are not convenient to come forward tacitly stay at home, lest they know something they shouldn't know.
The psychological prices of smaller companies such as British Universal and American Seager have also been raised step by step, from the initial US$1 million, to US$5 million, and then to US$7 million... Dahua Industrial and Repso, which paid high prices Hall's bid has increased all the way to $15 billion and $14 billion.
With the amount of funding raised to this level, Jestan, the president of Seeger, couldn't help saying: "If this matter succeeds, we will all be sent to the grand jury, and maybe we will be questioned by the Senate! If the company's size increases by 100 times, we will Maybe a second Lehman Brothers."
"If this matter is successful, more than 100 billion US dollars, under 30 to 50 times leverage, the profit will be 1% to 2%, and the final profit will be [-]% or [-]% less. With so much money, it will pass the grand jury It's very easy." Repsol's vice president laughed straight away, similar to South America in later generations, Spain is not only an unrestrained country, but also a country that loves speculation.The housing prices in the Madrid area have been hyped for a long time, with floating profits dozens of times, or half-cuts and other situations emerging one after another, and many international players have suffered losses there.
In the financial market, Spanish companies are also notoriously bold.Of course, the countries and companies used as references all belong to relatively sound laws.In comparison, the regulation of Spanish companies is much looser.It's easy to shell out $14 billion in unregulated funds, a rarity in many countries.
Jestan snorted twice, looked at Su Cheng, and said, "It's okay to accept the Senate's questioning for hundreds of millions of dollars, I'm afraid the profit will not be enough, or there will be some bad sequelae."
"To make money is to make money. If we gather here and worry about the sequelae, this kind of transaction cannot continue." Su Cheng smiled calmly.Dao: "If you are worried about insufficient profits, you can increase the capital. The more funds, I believe the higher the rate of return will be. No matter what, this is a rare opportunity."
"Opportunities to build on the foundations of the mega-fields?"
Gilles from Fina Company laughed and said in balance: "We saw two oil fields. The two oil fields produced by the two oil wells, no matter what the situation is underground, the foundation for creating a super large oil field has been completed. I believe the oil market will use it. Sharp swings in return for ours.”
The oil market is almost one of the most sensitive markets. Every day, countless brokers rely on the oil market to make profits, and their profit methods.It is often in units of one thousandth or even one ten thousandth, and any sign of trouble can be used as the basis for price increase or decrease.Before Sioux City and after Sioux City, there will always be countless companies doing insider trading.
If a super large oil field can be found, the insider trading profit will be calculated in units of one percent, which is more than ten times and a hundred times the ordinary profit.Even if a super large oil field cannot be found, the market suddenly increases by 10 barrels per day.Or [-] barrels of crude oil per day, it is impossible for oil prices not to change.
In fact, if it wasn't for Sioux City's desperate need to earn money from the futures, the pressure to increase production in the oil field would likely be released in stages through machinery orders, news reports, and crude oil production.
However, with the end of the 80s and the beginning of the 90s, fewer and fewer oil companies voluntarily released information.More often, people will suddenly read reports on the successful development of oil fields from the Wall Street Journal or the New York Times, and then the company's stock will skyrocket and the oil market will be in turmoil.
In the post-oil crisis era, such situations have become commonplace.
Jestan also nodded slowly, and said: "In this case, a complete set of media solutions must be prepared. Seeger is willing to pay, but it cannot participate in such events."
Gac, which is also an American company, also quickly said: "It is not convenient for us to directly participate in the media."
"Let's take care of it." Su Cheng was reasonable.European and American companies are subject to various restrictions, and the people are quite international. In contrast, although the Chinese at this time often say "glory for the country", the Chinese absolutely have no intention of being an international policeman or an international moral model. However, Chinese law will not give any guidance on media public relations, and it will be up to Desioux City to play.
"Thank you Su Dong..."
Jestan and the others beamed with joy.
Su Cheng also smiled happily: "It's good to increase investment, Dahua Industrial exploits crude oil, Dahua Industrial operates the media, Dahua Industrial operates futures trading... My only requirement is a huge amount of funds, 100 billion The scale is too small, and I think it is more appropriate to increase it by about 50%."
The smiles of the other six people disappeared without a trace in an instant.
Jestan had a bitter expression on his face: "It can't be increased any more. 7 million US dollars is not a small amount. If it is more, accountants and prosecutors will probably have problems."
The happiness of BP Global Petroleum is also dumbfounded.
"It's impossible to increase the scale by 50%, it's impossible..." Gilles also quickly expressed his opinion.
Su Cheng made them feel turbulent for a while, and then smiled lightly: "The amount of funding is entirely voluntary, and 7 million US dollars is indeed a lot. However, the funds we have prepared are not enough. Dahua Industrial plans to contribute 30 billion yuan. , In this case, it is best to do some private financing, if the self-owned funds cannot increase by more than 10 billion US dollars, please find a way to raise funds.”
The seven oil companies have countless associated banks and financial institutions, as long as they disclose information about insider transactions.Whether it is a direct investment with a risk or a low-risk short-term loan, there is no problem. The key lies in the concept of "privately".
The guy who just relaxed because of the words "all voluntary" tightened his muscles again.
Although it looks like a big head on the surface, everyone understands what Su Cheng is doing.This is a one-time insider transaction that needs to be done in secret, and those who are drawn into the circle have to share risks and contribute funds.If the funds of a family are less.The normal choice of the other six is not to bring him to play.
What Sioux City is doing now is exactly what an organizer should do.
"Let's go for a stroll outside. Let's have lunch by the way." Sioux Cheng didn't ask for an immediate answer. It involved speculation of hundreds of millions of dollars, so he couldn't be too cautious.You know, the bottom line of the Forbes list in 1994 was hundreds of millions of dollars. The increase in money alone can determine whether the owner of a company is on the list or off the list, except that he owns 100% wholly-owned In addition to private companies, other companies also have at least a few partners.
It was almost noon.It was the hottest time on the sea, and the chubby Kangle frowned, rubbed his stiff neck with his hands, and said, "I wouldn't go out to bask in the sun normally. Today, let's go out to get a breath. There is sunscreen Oil?"
"Yang Ming, get some sunscreen." Su Cheng called out, and got out of the stuffy cabin first.
After a while, Yang Ming came to the deck and said apologetically, "We have used up all the sunscreen we prepared, and the supply ship hasn't arrived yet."
Kang Le wailed: "If you don't wear sunscreen, you will get skin cancer."
Su Cheng thought about it.Said: "Go to the kitchen to get some olive oil, or salad oil or something."
"This, okay?" Yang Ming didn't want to abuse foreign friends.
"Didn't the people of Athens use olive oil on their bare buttocks before running to the Olympics? Why not, find a better bottle to fill it with oil." Su Cheng told Yang Ming in Chinese, and then said to Kang Le in English: "I let He asked someone else for some olive oil, don't worry."
"That's great." Kang Le's mood improved a lot.
A few minutes later.Kangle applied a lot of olive oil on his exposed hands, face and neck, and felt much better, exuding the aroma of steak, and took the initiative to go to the drilling platform.
The swaying commuter boat and the rickety drilling platform are the initial impressions. After boarding the boat, the white, yellow and black all over the floor become the main color of the drilling platform.
"This is the first time I've been to an offshore drilling platform." Kang Le, who was smelled of the smell, smiled with great interest: "BP has several platforms in the North Sea, but I've never been there. It's too far away. Come to think of it, it’s like this on the platform. What are the things on the ground?”
"Oh, the white ones are probably salt grains, the black ones are crude oil, and the yellow ones may be rust spots or dried phlegm."
"phlegm?"
"Well, is it possible that you expect the rig to be clean and spotless, this is not the Royal Navy."
Kangle covered his nose and stopped talking.
The small platform turned around and came back. Everyone purposely avoided talking about business, and leaned on the railing of the platform to chat.
Until Jestan ran back in a hurry.
"We have found the funds." Jestan took a few breaths, with a bright light on his face: "One of our directors, um, no matter who it is, in short, he can get the support of a private bank, so we found 4 million U.S. dollars in short-term loans, and the total amount can be increased to 11 billion yuan. Oh, if Dong Su needs it, they are also willing to lend money to Dahua Industrial if they provide collateral.”
"that would be great."
"It's great, I hope to continue to cooperate with representatives of various companies." Jestan said with a sincere expression.
Kang Le was full of doubts: "What has changed?"
"Nowhere." Justin shook his head vigorously.
"Seeger borrowed 4 million US dollars in one go? Where did you get the courage?"
Justin smiled, but didn't speak.
Suddenly, the phone on the rig rang.
The deputy captain of the drilling team ran over to answer the phone, picked it up and listened to a few words, then showed joy and shouted: "Su Dong, the third oil well has also been drilled. No. 512 has drilled the third oil well."
Jestan doesn't understand Chinese, but knows how to read words and expressions, so he immediately gave up covering up and said with a smile: "Congratulations, Chairman Su."
The other five people also awakened.
"Another oil well? Quick!"
Although it can't keep up with the world record, in an unfamiliar area, even three wells can produce oil. It depends on luck. If it is three high-yield wells, it is even more rare.
Su Cheng was not surprised.The cost of the drilling platform is too high. In addition to the exploration wells, the success rate of the oil production wells has been greatly improved for the drilling platforms of later generations. Dahua Industrial has been focusing on this for several years. To determine the location, there are two more Based on the experience of the well, it is not surprising that the oil production of the third well was delayed by more than one day.
Of course, this kind of no surprise is based on the inevitable existence of oil fields, which also proves the abundance of underground resources from another aspect.
Gilles said with a chuckle: "Mr. Su picked up a treasure house, as if it was filled with oil, and you can get it by drilling your eyes."
Su Cheng was half-true and half-fake modesty, thinking to himself: You are really right.
The super oil field with a daily output of 150 million barrels was a black technology 100 years ago. It can replace half of the world's oil production capacity. Using oil pipes instead of straws to extract is already the biggest obstacle.
...(To be continued. If you like this work, you are welcome to vote for recommendations and monthly tickets. Your support is my biggest motivation..)
ps: After applying for a rest day, the book review area is full of comforting and agreeable comments, thank you readers for your understanding.The readers of Bird Dolphin are indeed rational and beautiful.
Yesterday afternoon, I found a friend to play cards together. I had a lot of fun with the simplest running fast. It was almost a forgotten entertainment mode. I drank a little wine at night and slept late. I didn’t have any worries.
From today, it will be updated normally for a week.
Negotiations are proceeding so slowly, on the one hand, because the content of the negotiations is too complicated and too important; on the other hand, it is also because different representatives have different authority. For companies such as British Global Petroleum and Dahua Industrial, the president of the company came Or the chairman of the board can make a decision on the spot, while the French fina or the American Sig have only the person in charge below the deputy level. Once the estimated amount and rules are exceeded, they must contact the domestic... Repsol and the American gac, both It is a group company with complex equity. When large sums of money are involved, neither the president nor the chairman can make the decision, and the board of directors must authorize it.
However, everyone is used to this seemingly slow-paced, but actually fast-paced negotiation method.
Sioux City and the others have a meeting here, and several companies have to hold their own meetings in China.The meeting must also be an emergency board meeting, and some company directors who are not convenient to come forward tacitly stay at home, lest they know something they shouldn't know.
The psychological prices of smaller companies such as British Universal and American Seager have also been raised step by step, from the initial US$1 million, to US$5 million, and then to US$7 million... Dahua Industrial and Repso, which paid high prices Hall's bid has increased all the way to $15 billion and $14 billion.
With the amount of funding raised to this level, Jestan, the president of Seeger, couldn't help saying: "If this matter succeeds, we will all be sent to the grand jury, and maybe we will be questioned by the Senate! If the company's size increases by 100 times, we will Maybe a second Lehman Brothers."
"If this matter is successful, more than 100 billion US dollars, under 30 to 50 times leverage, the profit will be 1% to 2%, and the final profit will be [-]% or [-]% less. With so much money, it will pass the grand jury It's very easy." Repsol's vice president laughed straight away, similar to South America in later generations, Spain is not only an unrestrained country, but also a country that loves speculation.The housing prices in the Madrid area have been hyped for a long time, with floating profits dozens of times, or half-cuts and other situations emerging one after another, and many international players have suffered losses there.
In the financial market, Spanish companies are also notoriously bold.Of course, the countries and companies used as references all belong to relatively sound laws.In comparison, the regulation of Spanish companies is much looser.It's easy to shell out $14 billion in unregulated funds, a rarity in many countries.
Jestan snorted twice, looked at Su Cheng, and said, "It's okay to accept the Senate's questioning for hundreds of millions of dollars, I'm afraid the profit will not be enough, or there will be some bad sequelae."
"To make money is to make money. If we gather here and worry about the sequelae, this kind of transaction cannot continue." Su Cheng smiled calmly.Dao: "If you are worried about insufficient profits, you can increase the capital. The more funds, I believe the higher the rate of return will be. No matter what, this is a rare opportunity."
"Opportunities to build on the foundations of the mega-fields?"
Gilles from Fina Company laughed and said in balance: "We saw two oil fields. The two oil fields produced by the two oil wells, no matter what the situation is underground, the foundation for creating a super large oil field has been completed. I believe the oil market will use it. Sharp swings in return for ours.”
The oil market is almost one of the most sensitive markets. Every day, countless brokers rely on the oil market to make profits, and their profit methods.It is often in units of one thousandth or even one ten thousandth, and any sign of trouble can be used as the basis for price increase or decrease.Before Sioux City and after Sioux City, there will always be countless companies doing insider trading.
If a super large oil field can be found, the insider trading profit will be calculated in units of one percent, which is more than ten times and a hundred times the ordinary profit.Even if a super large oil field cannot be found, the market suddenly increases by 10 barrels per day.Or [-] barrels of crude oil per day, it is impossible for oil prices not to change.
In fact, if it wasn't for Sioux City's desperate need to earn money from the futures, the pressure to increase production in the oil field would likely be released in stages through machinery orders, news reports, and crude oil production.
However, with the end of the 80s and the beginning of the 90s, fewer and fewer oil companies voluntarily released information.More often, people will suddenly read reports on the successful development of oil fields from the Wall Street Journal or the New York Times, and then the company's stock will skyrocket and the oil market will be in turmoil.
In the post-oil crisis era, such situations have become commonplace.
Jestan also nodded slowly, and said: "In this case, a complete set of media solutions must be prepared. Seeger is willing to pay, but it cannot participate in such events."
Gac, which is also an American company, also quickly said: "It is not convenient for us to directly participate in the media."
"Let's take care of it." Su Cheng was reasonable.European and American companies are subject to various restrictions, and the people are quite international. In contrast, although the Chinese at this time often say "glory for the country", the Chinese absolutely have no intention of being an international policeman or an international moral model. However, Chinese law will not give any guidance on media public relations, and it will be up to Desioux City to play.
"Thank you Su Dong..."
Jestan and the others beamed with joy.
Su Cheng also smiled happily: "It's good to increase investment, Dahua Industrial exploits crude oil, Dahua Industrial operates the media, Dahua Industrial operates futures trading... My only requirement is a huge amount of funds, 100 billion The scale is too small, and I think it is more appropriate to increase it by about 50%."
The smiles of the other six people disappeared without a trace in an instant.
Jestan had a bitter expression on his face: "It can't be increased any more. 7 million US dollars is not a small amount. If it is more, accountants and prosecutors will probably have problems."
The happiness of BP Global Petroleum is also dumbfounded.
"It's impossible to increase the scale by 50%, it's impossible..." Gilles also quickly expressed his opinion.
Su Cheng made them feel turbulent for a while, and then smiled lightly: "The amount of funding is entirely voluntary, and 7 million US dollars is indeed a lot. However, the funds we have prepared are not enough. Dahua Industrial plans to contribute 30 billion yuan. , In this case, it is best to do some private financing, if the self-owned funds cannot increase by more than 10 billion US dollars, please find a way to raise funds.”
The seven oil companies have countless associated banks and financial institutions, as long as they disclose information about insider transactions.Whether it is a direct investment with a risk or a low-risk short-term loan, there is no problem. The key lies in the concept of "privately".
The guy who just relaxed because of the words "all voluntary" tightened his muscles again.
Although it looks like a big head on the surface, everyone understands what Su Cheng is doing.This is a one-time insider transaction that needs to be done in secret, and those who are drawn into the circle have to share risks and contribute funds.If the funds of a family are less.The normal choice of the other six is not to bring him to play.
What Sioux City is doing now is exactly what an organizer should do.
"Let's go for a stroll outside. Let's have lunch by the way." Sioux Cheng didn't ask for an immediate answer. It involved speculation of hundreds of millions of dollars, so he couldn't be too cautious.You know, the bottom line of the Forbes list in 1994 was hundreds of millions of dollars. The increase in money alone can determine whether the owner of a company is on the list or off the list, except that he owns 100% wholly-owned In addition to private companies, other companies also have at least a few partners.
It was almost noon.It was the hottest time on the sea, and the chubby Kangle frowned, rubbed his stiff neck with his hands, and said, "I wouldn't go out to bask in the sun normally. Today, let's go out to get a breath. There is sunscreen Oil?"
"Yang Ming, get some sunscreen." Su Cheng called out, and got out of the stuffy cabin first.
After a while, Yang Ming came to the deck and said apologetically, "We have used up all the sunscreen we prepared, and the supply ship hasn't arrived yet."
Kang Le wailed: "If you don't wear sunscreen, you will get skin cancer."
Su Cheng thought about it.Said: "Go to the kitchen to get some olive oil, or salad oil or something."
"This, okay?" Yang Ming didn't want to abuse foreign friends.
"Didn't the people of Athens use olive oil on their bare buttocks before running to the Olympics? Why not, find a better bottle to fill it with oil." Su Cheng told Yang Ming in Chinese, and then said to Kang Le in English: "I let He asked someone else for some olive oil, don't worry."
"That's great." Kang Le's mood improved a lot.
A few minutes later.Kangle applied a lot of olive oil on his exposed hands, face and neck, and felt much better, exuding the aroma of steak, and took the initiative to go to the drilling platform.
The swaying commuter boat and the rickety drilling platform are the initial impressions. After boarding the boat, the white, yellow and black all over the floor become the main color of the drilling platform.
"This is the first time I've been to an offshore drilling platform." Kang Le, who was smelled of the smell, smiled with great interest: "BP has several platforms in the North Sea, but I've never been there. It's too far away. Come to think of it, it’s like this on the platform. What are the things on the ground?”
"Oh, the white ones are probably salt grains, the black ones are crude oil, and the yellow ones may be rust spots or dried phlegm."
"phlegm?"
"Well, is it possible that you expect the rig to be clean and spotless, this is not the Royal Navy."
Kangle covered his nose and stopped talking.
The small platform turned around and came back. Everyone purposely avoided talking about business, and leaned on the railing of the platform to chat.
Until Jestan ran back in a hurry.
"We have found the funds." Jestan took a few breaths, with a bright light on his face: "One of our directors, um, no matter who it is, in short, he can get the support of a private bank, so we found 4 million U.S. dollars in short-term loans, and the total amount can be increased to 11 billion yuan. Oh, if Dong Su needs it, they are also willing to lend money to Dahua Industrial if they provide collateral.”
"that would be great."
"It's great, I hope to continue to cooperate with representatives of various companies." Jestan said with a sincere expression.
Kang Le was full of doubts: "What has changed?"
"Nowhere." Justin shook his head vigorously.
"Seeger borrowed 4 million US dollars in one go? Where did you get the courage?"
Justin smiled, but didn't speak.
Suddenly, the phone on the rig rang.
The deputy captain of the drilling team ran over to answer the phone, picked it up and listened to a few words, then showed joy and shouted: "Su Dong, the third oil well has also been drilled. No. 512 has drilled the third oil well."
Jestan doesn't understand Chinese, but knows how to read words and expressions, so he immediately gave up covering up and said with a smile: "Congratulations, Chairman Su."
The other five people also awakened.
"Another oil well? Quick!"
Although it can't keep up with the world record, in an unfamiliar area, even three wells can produce oil. It depends on luck. If it is three high-yield wells, it is even more rare.
Su Cheng was not surprised.The cost of the drilling platform is too high. In addition to the exploration wells, the success rate of the oil production wells has been greatly improved for the drilling platforms of later generations. Dahua Industrial has been focusing on this for several years. To determine the location, there are two more Based on the experience of the well, it is not surprising that the oil production of the third well was delayed by more than one day.
Of course, this kind of no surprise is based on the inevitable existence of oil fields, which also proves the abundance of underground resources from another aspect.
Gilles said with a chuckle: "Mr. Su picked up a treasure house, as if it was filled with oil, and you can get it by drilling your eyes."
Su Cheng was half-true and half-fake modesty, thinking to himself: You are really right.
The super oil field with a daily output of 150 million barrels was a black technology 100 years ago. It can replace half of the world's oil production capacity. Using oil pipes instead of straws to extract is already the biggest obstacle.
...(To be continued. If you like this work, you are welcome to vote for recommendations and monthly tickets. Your support is my biggest motivation..)
ps: After applying for a rest day, the book review area is full of comforting and agreeable comments, thank you readers for your understanding.The readers of Bird Dolphin are indeed rational and beautiful.
Yesterday afternoon, I found a friend to play cards together. I had a lot of fun with the simplest running fast. It was almost a forgotten entertainment mode. I drank a little wine at night and slept late. I didn’t have any worries.
From today, it will be updated normally for a week.
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