Chapter 604 The third oil well
The celebration of the drilling platform and the auxiliary ship lasted all night, and the negotiations of the representatives of the companies also lasted all night.
The negotiation is so slow, on the one hand, because the content of the negotiation is too complicated and too important, and on the other hand, it is also because of the different representatives have different powers. Companies such as British Global Petroleum and Dahua Industrial are all the presidents or chairman of the company, who can make decisions on the spot, while French Fina or the Guosi Gedu only has a person in charge below the deputy position. Once the expected amount and rules are exceeded, they must contact the domestic Reepsol and the United States GAC, which are complex group companies. When it comes to large amounts of funds, the president or the chairman may not be able to decide, and they must be authorized by the board of directors.
However, everyone is used to this seemingly slow-paced but actually fast-paced negotiation.
Su Cheng, they have meetings here, and several companies have their own meetings in China. The meeting must also be an emergency board meeting, and some directors of the company who are inconvenient to come forward will stay at home tacitly, so as not to know something that should not be known.
The psychological prices of smaller companies such as British Global and American Sig have also been raised step by step, from the initial $100 million to $500 million, and then to the high-priced bids of $700 million. The bids of Dahua Industrial and Repsol have increased to $1.5 billion and $1.4 billion.
When the amount of funds was raised to this point, Jestein, the president of Sig, 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 size of the company increases by 100 times, we may be the second Lehman Brothers.
"If this matter is successful, more than 10 billion US dollars, with a leverage of 30 to 50 times, the profit is 1% to 2%, and the final profit is at least 20% to 30%. With so much money, it's easy to break through the grand jury. Repsol's vice president laughed, which is similar to later South America. Spain is both a unrestrained country and a country that loves speculation. For a long time, housing prices in Madrid have been in a state of hype, floating dozens of times, or cutting in half, etc., and there are many international balls. The staff suffered losses there.
In the financial market, Spanish companies are also notoriously bold. Of course, countries and companies as references are relatively sound in law. In comparison, the supervision of Spanish companies is much looser, and it is easy to spend $1.4 billion in unregulated funds, which is quite rare in many countries.
Jerstein hummed twice, looked at Sioux City, and said, "It's no problem to accept the Senate's question for hundreds of millions of dollars. I'm afraid that the profit is insufficient, or there are some bad sequelae."
"Making money is making money. If we gather here and worry about the sequelae, this kind of transaction can't continue." Su Cheng smiled calmly and said, "If you are worried about insufficient profits, increase the capital. The more capital, the higher the return rate. Anyway, this is a rare opportunity."
"Opportunities based on super-large oil fields?"
Fina's Giles laughed and balanced: "We have seen two oil fields, two oil fields made by two oil wells. No matter what the situation is underground, the foundation for creating a super large oil field has been completed. I believe that the oil market will repay us with keen fluctuations."
The oil market is almost one of the most ** markets. Every day, countless brokers rely on the oil market to make profits, and their profit mode is often in one-thousandth or even one-thousandth. Any wind and momentum can be used as a basis for price increases or fall. Before Sucheng and after Sucheng, there will always be countless companies doing insider trading.
If a super-large oil field can be found, the profit of insider trading will be calculated in one percent, that is, more than ten times the ordinary profit. Even if you can't find a super oil field and the market suddenly increases by 100,000 barrels per day, or 200,000 barrels per day, it is impossible for oil prices not to change.
In fact, if it hadn't been for Sucheng's ability to make money on futures, the pressure of increasing oilfield production is likely to be released in stages through mechanical ordering, news reporting, and crude oil production.
However, with the end of the 1980s, fewer and fewer oil companies have voluntarily released information since the 1990s. More often than not, people will suddenly see reports of successful oilfield development from the Wall Street Journal or the New York Times, followed by the company's stock market and the oil market fluctuates.
In the post-oil crisis era, such situations have become common.
Jerstein also nodded slowly and said, "In this case, a complete set of media plans must be prepared. Sig is willing to pay, but can't participate in such incidents.
GAC, which is also an American company, also quickly said, "It's not convenient for us to directly participate in the media."
"It's up to us to deal with it." Su Chengxian is reasonable. European and American companies are subject to various restrictions, and the people are also quite international. Compared with them, at this time, although the Chinese people often say "to win glory for the country", [Chinese] Chinese people have never done international [police] inspection and international [Tao] moral model minds, [Chinese] Chinese law will not make any reference to media public relations. Director, played by Desu City.
"Thank you, Director Su"
Jerstein and others smiled happily.
Su Cheng also smiled happily: "It's good to increase investment. Dahua Industry extracts crude oil, Dahua Industry operates media, and Dahua Industry operates futures trading. My only requirement is a huge amount of capital. The scale of 10 billion is too small, and I think it is more appropriate to increase it by about 50%."
The smiles of the other six people disappeared in an instant.
Jstein's bitter face: "It can't be increased any more. 700 million US dollars is not a small amount. If there are more, accountants and prosecutors will probably have problems."
British Global Petroleum's recreation is also dull.
"Increase the scale by 50%, it's impossible, it's impossible," Giles also quickly said.
Su Cheng made their hearts flutter for a while, and then smiled and said, "The amount of funds is voluntary, and 700 million US dollars is indeed a lot. However, we don't have enough funds. Dahua Industry plans to spend 3 billion yuan. In this way, it's better to do some private financing. If your own funds can't be increased by more than 1 billion US dollars, please find a way to finance.
There are countless related banks and financial institutions in the seven oil companies. As long as the information of internal transactions is disclosed, there is no problem whether it is direct investment to take risks or short-term loans with low risks. The key lies in the concept of "private".
The guy who just relaxed because of the words "all on a voluntary basis" tightened his muscles again.
Although it is as big as a fight on the surface, everyone understands what Su Cheng has done. This is a one-time insider transaction that needs to be acted in secret. If it is pulled into the circle, it is necessary to share the risks and funds. If the family has less capital, the normal choice of the other six companies is not to take him to play.
What Su Cheng is doing now is exactly what an organizer should do.
"Let's go out and have lunch by the way." Su Cheng did not ask for an immediate answer. It involved hundreds of millions of dollars of speculation, and it was not too cautious. You know, the bottom line of the Forbes ranking in 1994 is hundreds of millions of dollars. The increase of money alone can determine whether the owner of a company is on or below the list. In addition to the 100% wholly-owned private enterprise, other companies also have at least a few partners.
It's almost noon, which is the hottest time on the sea. The fat Kangle frowned, rubbed his hard neck with his hand, and said, "If it were normal, I wouldn't go out to bask in the sun. Today, let's go out to breathe. Do you have any sunscreen?"
"Yang Ming, find some sunscreen." Su Cheng shouted to the outside world and took the lead in getting out of the stuffy cabin.
After a while, Yang Ming came to the deck and said apologetically, "We have run out of sunscreen, and the supply ship hasn't come yet."
Kangle wailed: "If you don't apply sunscreen, you will get skin cancer."
Su Cheng thought for a moment and said, "Go to the kitchen and get some olive oil, or salad oil or something."
"This, okay?" Yang Ming doesn't want to abuse foreign friends.
"Didn't the Athenians put olive oil on their bare buttocks and then run the Olympic Games? Why not? Find a better bottle to hold the oil. Su Cheng said to Yang Ming in Chinese, and then said to Kangle in English, "I asked him to ask someone else to order olive oil. Don't worry."
"That's great." The mood of recreation is much better.
A few minutes later, Kangle applied a lot of olive oil to the face and neck of **. He was in a much better mood, exuded the aroma of steak, and took the initiative to go to the drilling platform.
The swaying commuter boat and the swaying drilling platform are the original impression. After getting on the boat, the white, yellow and black on the ground became the main huā color of the drilling platform.
"This is my first time to go to the offshore drilling platform." Kangle, who was smoked out of the taste, smiled with interest: "British Global Petroleum has several platforms in the North Sea, but I have never been there. It's too far. I didn't expect that the platform was like this. What's on the ground?"
"Oh, the white one is probably salt, the black one is crude oil, the yellow one is rusty or dry phlegm."
"Sputum?"
"Well, is it possible? You expect the drilling platform 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 deliberately did not talk about business and leaned on the platform railing to chat.
Until Jestan ran back in full swing.
"We have found the funds." Jenstein took a breath and his face shone brightly: "One of our directors, um, no matter who it is, in short, he can get the support of a private bank, so we found a short-term loan of 400 million US dollars, which can be increased to 1.1 billion yuan. Oh, if Su Dong needs to give a mortgage, they are also willing to lend money to Dahua Industry.
"That would be great."
"It's great. I hope to continue to cooperate with the representatives of various companies." Jestan's expression was very sincere.
Kangle's face was full of suspicion: "Where has changed?"
"There is nothing anywhere." Jenstein shook his head vigorously.
"Sig borrowed 400 million US dollars in one go? Where did you get your courage?"
Jestin smiled and didn't say anything.
Suddenly, the phone on the drilling platform rang.
The deputy captain of the drilling team ran over to answer the phone, picked up and listened to a few words, and then looked happy and shouted, "Su Dong, the third oil well has also been punched out. No. 512 hit the third oil well.
Jenstein didn't know Chinese, but he knew how to observe words and expressions. He immediately gave up covering up and smiled, "Congratulations to Su Dong."
The other five people also woke up.
"another oil well? So fast!"
Although it can't keep up with the world record, in strange areas, even three wells are oiled, which depends more or less on luck. If it is three high-yielding wells, it is even more rare.
Su Cheng is not surprised. The cost of drilling platforms is too high. In addition to exploration wells, the success rate of oil-producing wells has increased a lot. Dahua Industry's focus on this has also lasted for several years. The location has been determined, and there are two wells. It is not surprising that the third well is delayed by one day.
Of course, this is not surprising that it is based on the necessity of the existence of oil fields, which also proves the abundance of underground resources from another side.
Gilles smiled and said, "Su Dong picked up a treasure house, as if it was full of oil. You can pick it when you open your eyes."
Su Cheng was half-truth and half-false modest, thinking to himself: You are really right.
The super oil field with a daily production of 1.5 million barrels was lost to black technology 100 years ago, which can replace half of the world's oil capacity. It is already the biggest obstacle to use tubing instead of straw mining.
(To be continued