Of course, the goal of corporate financing is to obtain capital, but a company like United Texas Oil Company is more about sharing risk, its parent company is a Fortune 500 company, and there is no shortage of capital at all, but this project still needs to be financed, or the business is handed over to ordinary investment banks to run. Pen, fun, and www.biquge.info

As you can imagine, the prospects for the project are not very good.

When Forest got the new fund contract in place and the funds were in place, everything fell into place.

With the money in hand, Forest dispatched staff and insurance company personnel to the United Oil Company, and it was imperative to purchase equipment and continue the survey.

Lei Hao was right, as a major shareholder, he was able to speed up the work of the well-funded Texas Union Oil Company.

Petroleum exploration is a high-cost project, and in China, an oil exploration well can cost 30 million to 60 million yuan, depending on geomorphology, geology and other factors.

Texas is located in the southern part of the United States, bordering Mexico, and is a well-known oil-producing state, and in terms of topography, it is basically plain, and there are many oil companies here, and everyone has a lot of experience in oil exploration and extraction.

The geological survey and geophysical prospecting work has been completed, so the insurance company can use these data to underwrite the project, and after the funds are in place, drilling, logging, logging and other successive work will be carried out and prepared immediately, and the focus of the work of Texas Union Oil Company will change.

Before all the work is completed, everything is unknown, and you don't know that there is grade I, II, III or IV oil buried underground.

It was because of the fact that the United Oil Company of Texas did not understand Lei Hao's approach to the wronged leader, and when the director of Lei Hao sent to the United Oil Company of Texas arrived, he was ridiculed by others.

"Sereno, I'm sorry last night, but the United States is a country of its own, what do you think?" It was another day of regular meeting, and when Sereno, as a director of Forest on assignment to the United Oil Company of Texas, came to the conference room, he was greeted by the teasing of CEO Mr. Smith.

Financial institutions generally hold shares in the entity, and when these shares reach a certain level, they will send personnel to the target company according to the contract, in order to avoid being deceived and obtain due rights.

Texas and Mexico are adjacent to each other, and Forest is short of personnel, so Lei Hao chose to choose and choose, and chose Sereno, a subordinate of Mexican descent to do this beautiful job.

Yes, the expatriate director is a poor American, with two salaries, there are additional rewards after the project becomes profitable, and the task is not heavy, just to protect the rights and interests of the parent company, plus the prosperity of Forest, Sereno, a 37-year-old financial elite, is full of ambition.

Unexpectedly, as soon as he arrived here, he was dismounted, and at the welcome banquet last night, the people of the United Oil Company of Texas teased him.

"That's allright, I like the lively atmosphere of the company." Sereno knocked out his teeth and swallowed blood, but there was a stiffness in his smile.

"good, the people on Wall Street are really different from us, and I was going to ask Lena and them to apologize to you, it seems...... Sereno, it's good that you didn't take it to heart. Smith said this with a smile, and before Serrenor could react, he called the meeting to order.

With the injection of funds from Forest, the United Oil Company of Texas is in a stage of heavy workload, and at the meeting, everyone discussed almost all about surveying.

Although Serreno has made up for many oil exploration companies, he was still completely confused when he heard the data of Q (geological reserves), S (oil-bearing area), and H (effective thickness of the oil layer).

Relying on the assistant's constant explanation, Sereno barely understood these things, but a trace of resentment inevitably rose in his heart, he knew very well that Lei Hao's premium approach was the reason why these people looked down on Forest, and the oil company had the idea of treating Wall Street as the wronged leader.

In fact, the Texas Union oil group valued 20% of the shares at $200 million, and they ended up with $207.5 million, while Forest is said to have paid $215 million, plus some options and other cooperation expenses, to say the least of $220 million.

That's a 10% premium, isn't it wrong?

What everyone doesn't know is that Lei Hao is snickering at this time, although there is an advantage in large transactions, but four institutions such as Oasis Securities in the original time and space sold 17% of the shares at a price of almost 200 million, maybe the information will be exaggerated, but how to say that it can also be sold for 180 million or 190 million.

Even if calculated at 180 million, 20% of the shares should be 211 million, and this is the financing amount obtained by Texas Union Oil Company, not including the profits of four institutions such as Oasis Securities.

Lei Hao was originally ready to raise the price, but he didn't expect that he would get a price similar to that of the original time and space, which is really not a loss, but in fact, there is a variable in this that even he doesn't know.

The meeting continued, and Sereno also really felt the ridicule in the eyes of the people sitting in the table when they looked at him, but no matter how difficult the work was, it had to be carried out, and he could only smile.

But suddenly, the secretary of the chairman and CEO Smith seemed to have received some news, went out and brought a document, and explained it in the boss's ear.

Sereno could see that Smith's face suddenly became very ugly, and then he heard a series of foul words from the other party's mouth!

"An extra layer of oil? At this time, you told me that there was an extra layer of oil? ”

"Our financing is done, the drill bits are almost there, you tell me there is an extra oil layer? Do you know how much money the company is going to lose! ”

"Damn it, those pigs! Those bastards! The exploration company must compensate us! ”

Smith's sudden anger made everyone in the conference room inexplicable, but from his words, everyone heard some clues.

Suddenly, Sereno from Forest felt that he was beginning to accept everyone's attention again, but this time it was not teasing, but also sighing and envious.

"Good news for everyone, the likelihood that we're getting Grade II and III fritters has increased, and there should be more black cuties under the ground than we expected." Smith suppressed his anger and spoke out what should have been the best news.

"In other words......" Someone subconsciously opened his mouth, halfway through his words, but immediately shut up.

The people of Texas Union Oil Company all had a feeling of beeping dogs, they still felt that Forest was a big wrongdoer, and they never thought that the other party had paid for financing...... Less!

Originally, it was a benefit that could be completely swallowed by the United Oil Company of Texas, but now it is divided by 20% by Forest, and it is strange that this group of people is not depressed.

"Sereno, you're such a luckyman." Everyone laughed and joked that from now on, Forest's financing plan is no longer a premium.

This is a loss for Union Texas Oil Company and a disaster for Keith of Oasis Securities. (To be continued.) )