Chapter 592: Troublesome Federal Law

Abel's fitness plan was quickly completed by Craig.

In fact, it is nothing more than some training to improve the use of strength, exercises to react to the body, coordination of the body, and so on.

Abel glanced at it.

And then it was agreed.

I'll practice when I have time in the future, it's not to be the world's No. 1 athlete. Just to test the limits of your current body, by the way, you can better grasp your current physical fitness and physical condition.

Compared to a fitness program.

More important, of course, is the reason why he came here - to find a way to transport the oil from his own oil fields.

This is not good in capitalist countries. Turf is basically ownerial, and unowned turf is rare. The oil fields are all owned by some big capitalists, in this case, unless they fly through the sky.

It must go through someone else's territory, and it must be agreed by the other party. Among the transportation of oil, the most cost-effective way on land is, of course, the oil transportation pipeline.

If he could, Abel was ready to build an oil transportation pipeline. Ship the oil dug out of your future oil field and sell it.

That's what he's here for.

Before solving the problem of future oil transportation, he encountered another matter.

The copper mine, which contains more than 7 million tons, happens to be adjacent to the oil field, and it happens to be a super large copper mine in the area where Union Petroleum of California has the right to exploit it.

In the world, as long as it is a sovereign state, mining or oil mining is not just a matter for the owner. Often it also has to be approved by some government departments in the country.

To mine oil in the United States, you need a license from the Federal Department of the Interior, the Federal Department of Land, and the Federal Petroleum Industry Commission.

Copper mines, on the other hand, are a little better, just through the Federal Ministry of Land and Land and the Federal Copper Commission.

Abel now has a small trouble.

It is true that California Union Oil has the right to exploit here, so this lot can also be considered owned by California Union Oil. But there is a very bad rule in American law.

Mining rights and exploration rights are calculated separately. This means that the person who explores and discovers the mineral deposit does not necessarily have the right to exploit it. Even if the lot is yours, the mines under it are yours, but you just can't mine it.

Conversely, those who have the right to explore but do not have the right to exploit the mineral deposits below the ground have been discovered. The discoverer cannot mine, but the owner who owns the right to mine cannot mine without the permission of the discoverer's exploration rights.

It's complicated and cumbersome.

It means that if you want to own mining, you must have both exploration rights and mining rights.

Union Oil of California has the right to explore oil here, as well as the right to extract oil. This is a right that is approved by the Ministry of the Interior, as well as by the Federal Ministry of Lands. So the oil below this lot, Abel has no problem with what he wants.

But there were some problems with that copper mine.

California Union Petroleum owns the lot, and this copper mine is underneath the lot. So the ownership of this copper mine belongs to Union Petroleum, but Union Petroleum did not apply for exploration rights in advance.

Without the permission of exploration rights, Union Oil of California is not allowed to dig copper underground.

This law is very deceptive.

But he exists in reality.

This is also the reason why David Adams immediately notified Abel after discovering the copper mine, but did not dare to leak it. Since it is impossible for others to own the exploration rights of the California Union Oil site, but if they are tricked and the exploration rights are blocked, the mining of copper ore will be very troublesome.

Confidentiality is required for the time being.

Before the problem of transporting the oil can be solved, Abel must also solve the problem of the exploration rights of the excess copper mine.

Abel is also available on the Copper Commission's website at the Federal Department of Lands and Resources, and Abel formally submitted the exploration plan prepared by David Adams.

According to the market in Texas and New Mexico, just a single mineral exploration license fee will cost more than $3 million on this lot.

Roughly the same as in the world, the exploration license of the United States is also a two-year at a time, and the contract allows for the renewal of 'delivery' once, and if you want to continue exploration in the future, you can re-apply, at this time, others have the right to compete with you.

Abel didn't attach much importance to the right to explore the right, because he knew exactly where the copper mines were.

In the current case of California Union Oil, it must have exploration rights before it can be upgraded to rights to mineral cooperative production and mineral joint venture agreements.

In the past, Union Oil of California has not yet given Chevron to buy the time. My favorite thing to do is to go all over the world to explore. As a result, too much profit was spent on the cost of exploration rights, and the serious operation of the oil company did not do it, and finally it went bankrupt and was acquired.

In the past, the size of California Union Petroleum was an out-and-out behemoth in the oil exploration circle, and even in the international mineral exploration circle. Even if it is weakened several times after being acquired, it is still a terrible exploration monster, which has the company's traditional corporate genes.

After all, it is the first company that can bankrupt its own company because of exploration everywhere.

Internationally, there are many small exploration companies, which often rely on exploration, and then directly sell the mining rights after discovering minerals, which is also one of the sources of profits for mining companies.

Although mineral exploration is not as expensive as oil exploration, when oil exploration, sometimes a single oil well needs millions of dollars to invest, and sometimes, in a region, drilling more than a dozen oil wells is common, and it is also a lot to spend hundreds of millions of grains without yield.

It was because of so many of these things that Union Oil of California went bankrupt and was acquired and reorganized.

Texas and New Mexico are still very comprehensive in this area, as two states with a relatively single economic type, Texas is better now, because low taxes attract many high-tech companies to come. But in the past, Texas, like New Mexico, relied on agriculture and oil.

Because of this tradition, these two states also have their own set of well-established services for the management of foreign investment.

10:30 a.m.

There are a lot of people from the two states and the federal government and the departments related to these situations, and it's a one-stop shop that they're good at.

Abel even only needs to sit here and put forward his own requests, and the members of these government departments will quickly come up with a set of service plans according to the requirements of the big capitalists, and complete all the formalities.

Although it is said that it is very fast, a relatively large investment, coupled with the endorsement of subsequent procedures, can not be done in a day.