Under the contract, Keith ended up taking on some unlimited liability in his personal capacity, and under the contract, Forest was at a premium, and now ...... In particular, there is no premium, that is, the probability of his loss has increased. Pen @ fun @ pavilion wWw. ｂｉｑUｇE。 ｉｎｆｏ

Keith's mood could be explained by a beep dog, and he had the idea of carrying a gun to kill the exploration company.

"If they exercise their rights, how much will I lose at this time?" Keith silently comforted himself, but no matter how he thought about it, there was a fear in his heart that if he lost......

The exercise of Oasis Securities by the three investment banks and the exercise of Oasis Securities by Oasis Securities must be at the same time, that is, Oasis Securities can only exercise the rights of Forest if the other three investment banks exercise the rights of Oasis Securities.

However, the former exercised at a price of 165 million for 15% of the shares, and now it is profitable, but it is not enough to make Oasis Securities insolvent, and Keith does not have to be held responsible.

However, now Keith had the idea of letting the three vampires exercise power quickly, and he had a sense of foreboding in his heart.

offended a rich man like Lei Hao, if he has no money, he is even burdened with a lot of debts...... Keith had a cold sweat on his back.

"The Chinese won't let me go! He spent so much effort just to force me into the game, and if I lost...... How could he let me go! Keith's face was pale, but he had a thought in his heart that he was clinging to the only life-saving straw: "Don't be afraid, I still have a chance to win, as long as the results of the exploration are not good, as long as I don't lose everything, I still have room to maneuver." ”

In Texas Union Oil, Sereno was communicating with the company on the phone, but his words were full of excitement: "Yes, I will ensure that Forest's rights and interests are not violated, and I will communicate well with the insurance company." ”

"Rest assured, the contracts between Wall Street and the oil companies are ready-made, and they can't fool me."

"I'll exercise my rights and look through the materials that I can."

Sereno was refreshed, yesterday he was still treated as a wronged leader by Texas Union Oil, but today he suddenly pulled back a game, and it is no wonder that he can be in a bad mood.

Moreover, Sereno is a person from FOREST, and he has also experienced several securities market operations of Lei Hao, and his confidence in this investment has begun to recover.

"The boss hasn't failed, maybe, this time too, we may not need anything else." Sereno secretly thought that he still had a task on him, which was to try to get in touch with the top management of Texas Union Oil to prevent him from intervening when things changed.

He hung up, and when Sereno reappeared at the survey site, he was greeted with a good-natured tease.

"Our lucky Sereno is here." The exploration company's faces were a little embarrassed, but when they saw Sereno, they all smiled.

In the oil exploration industry, exploration companies can earn some extra income if they dig out more oil, so they value luck very much.

Although his own mistake caused the discovery of the new oil layer to not get the due reward, in the face of Sereno with the lucky halo, the attitude of the big guy changed slightly.

"Sean, don't disturb your work, right?" Serreno naturally walked up to the person in charge of the oil well and handed out a cigarette with a smile, but did not give it a fire, because no open flames were allowed here.

Surveyors habitually put a cigarette under their nose and sniffed it, then clipped it to their ears or put it in their pockets, and then turned their attention back to their work.

"The equipment was set up early, and the work was carried out under the supervision of insurance companies and banks, and the drilling could be completed soon, and then after the logging we could know the quality of the oil and gas stored underneath, Sereno, and that time would be the most exciting." Sean wore a hard hat, gently tapped Sereno's shoulder socket with his fist, and said with a smile: "I hope you can bring me good luck." ”

"How long will it take?" Sereno asked, a little nervously.

"Tomorrow will do, now it's not the same as before." Sean smiled wryly and said: "There is also a reason for the increase in unemployment and the progress of machinery and equipment. ”

"Hopefully there is good news." Sereno wiped the sweat from his face.

"To be honest, I'm not very bullish, it's likely that this is only a grade IV well, that is, less than 0.25, and the revenue is less than one-quarter of the input." Sean said a few technical terms.

Grade I to Grade IV is divided into 4 grades with every 0.25 as a dividing line, and these four grades were directly used to calculate oil reserves before the 20th century, and later they were more refined, and we subdivided the same four grades again as exploitation benefits.

What kind of oil is extracted, how much associated gas, reserves, exploitation difficulty and other coefficients are combined to get a benefit-to-pay ratio, and the project that needs financing to share the risk knows that it is likely to be Level IV, like the kind of project that has oil on the ground, which round to get a company like Forest that has no connections.

Sereno also recognizes this.

"The good news is that the increase in reserves will of course go up the same well, and you might be able to get a Grade III or even II well." Sean quipped, "Wall Street people do make money." ”

"On Wall Street, you have to be with the right people, and luckily, Forest is a good company." Sereno nodded.

"Don't talk about that." Sean waved his hand, his face was a little ugly, if it weren't for the potential benefits being divided by the forest, he who was in charge of exploration should be in a happy state with Texas Union Oil.

Now...... I can only say the damn financial circle.

As soon as they thought of this, Sean's group quickly regained their sense of being responsible for Sereno, and the latter's good luck temporarily became the former's bad luck, which was really bad news.

"I hope it will work out." Everyone thought silently in their hearts.

Everything went well, and the logging began the next day, and when the first set of data appeared on the laptop screen, the explorers were stunned.

"It's ......"

"It's possible that it's Tier III, and it's likely that there's a Tier III oil field down here!"

"What about ROP? Depth, lithology, ...... Quick, put the data on the table. ”

Well logging is a work that takes time, but the preliminary data in the eyes of professional people, you can immediately see some clues, whether it is a good well, and how likely it is a good well to have a complete impression.

In the securities market, it is a variable, a good one, and a rise!

The people at the United Oil Company of Texas soon received the message, and they were excited but also aching in their hearts.

"Wall Street bastards, they get a share of these profits for nothing."

This group of people doesn't want to think about it, they are machinery installed in debt, without Lei Hao's 200 million, they dare to start a gamble? Are you kidding.

When the preliminary test results appeared, the people of Texas Union Oil Company were dumbfounded, this is really a Class III oil field, which is about 0.15 higher than the originally expected 0.2-0.25 data, that is, 0.?

The oil field, which was originally worth 600 million, should be valued at almost 1 billion now, and the number is 1.4 billion when calculated for the entire company? Lei Hao has 20% of the shares, that is, 280 million.

Oasis Securities is saddled with a 15% exposure to stock options, and the 15% stake is now worth $210 million, minus the $165 million exercise price, which is $45 million.

After losing more than 50 million on the forward agreement last time, can Oasis Securities lose 45 million? Of course not, that is to say, Keith has unlimited liability, as long as the other three investment banks exercise, he will definitely go bankrupt! (To be continued.) )