Peter looked at Tang Bao dumbfounded, 2 billion barrels of oil reserves, which is more than the oil reserves controlled by the entire British BP oil company. Pen & Fun & Pavilion www.biquge.info

Doesn't this mean that the future development potential of Tang Bao's upcoming oil company directly exceeds that of BP in the United Kingdom?

Peter understood that with Tang Bao's terrifying value, since he decided to enter the oil and gas field, it would definitely not be a small fight, but he didn't expect Tang Bao's hand to be so big. For the first time, he actually won a super oil field with reserves of 2 billion barrels from the Kuwaiti government.

"Kuwait has extremely strict control over its own oil resources, and it is difficult for foreign capital to obtain oil field exploitation rights, how did Tang succeed and directly win a huge oil field ......?" Peter wondered.

Call.

Peter was shocked to learn that Tang Bao had a super oil field in his hands, and then he relaxed and relaxed. The core asset of the oil and gas company is naturally oil resources, and with this super oil field, even if Tang Bao's oil company is still on paper, his confidence is instantly sufficient.

Well.

It can be said that holding a super oil field with reserves of more than 2 billion barrels is enough to support an oil company for ten years, even if it cannot obtain new oil resources.

"Don, you're really surprised, I've been dealing with the Kuwaiti royal family for decades on behalf of BP Oil, and I can't get a big oil field, and the same goes for other oil majors. And you......" Peter marveled at and didn't know what to say.

After being surprised, he immediately reminded solemnly, "Now it is in a state of secrecy, and there is no turmoil in the outside world." However, if the major oil majors receive this news, I am afraid that they will be mad with red eyes, and the well-meaning oil majors may directly come to the door to seek cooperative development, while those with malicious intentions may directly launch the relationship and destroy the cooperation agreement between you and Kuwait. ”

"Well, you have a point, but there's no need to worry too much. Peter, didn't you hear me say the name of the oil field? Note that it is Block C of the Ravkh oil field in Kuwait. If you haven't remembered it yet, I'll give you another hint that the Rafkh oil field was named by the Kuwaitis themselves, while the Iraqis are accustomed to calling it the Rumaila oil field. Tang Bao said with a smile.

Peter exclaimed, "Oh, God~~"

See here.

Tang Bao said: "It seems that you remember the situation in the Ravkh oil field. ”

"Uh, yes. I thought you had given me a big surprise, but now it seems to be an empty joy. Don, aren't you clear about the dispute between Iraq and Kuwait over the Rumaila oil field? That is a sovereignty dispute between the two countries, and if you want to successfully exploit oil, it is not enough to get Kuwait's consent, but also to get Iraq's tacit consent, otherwise, you will not even want to extract a drop of oil! Peter shouted.

"Of course I do. Otherwise, how do you think I can get a super oil field worth tens of billions of dollars? If the Ravkh oil field is not risky, Kuwait will be stupid enough to cede it to me? Tang Bao asked with a smile.

"Then you ......"

"Ha, don't worry. The Kuwaiti royal family is very cunning, and I am not a fool, I dare to take over the C block of the Ravkh oil field, and naturally I have a certain certainty that the oil there can be successfully exploited. ”

"Oh?"

Peter wondered in his heart, the dispute in the Rumaila oil field, even European and American oil and gas giants are unwilling to get involved, what solution does Tang Bao have.

"I think Iraq will attack Kuwait, do you think?"

This.

Peter felt a little unable to keep up with the jump in Tang Bao's thinking, and was stunned for a moment before nodding and saying, "Well, it is very likely that the smell of gunpowder between Iraq and Kuwait has become stronger recently. ”

"That's right, Iraq has long wanted to annex Kuwait and will definitely start a war. This war is our greatest opportunity to develop the Ravkh oil field! ”

"Huh?"

Peter didn't understand.

"Quite simply, it was easy for Iraq to occupy Kuwait through war, but it was not so easy for Kuwait to swallow all the oil it was. The United States, Europe, and even the vast majority of countries in the world will not agree...... I am sure that the United States will definitely send troops to drive out the Iraqi army and station it in the Middle East. At that time, Iraq, which was running into bloodshed, was too busy to cope with its domestic difficulties, and where did it have the leisure to pay attention to the affairs of the Ravkh oil fields. I will take advantage of the situation and promise to give Iraq a little benefit, and the Iraqi government will definitely acquiesce to our exploitation of the Ravkh oil field! Tang Bao said.

Peter quickly combed through Tang Bao's plan in his mind, and it felt really feasible. I couldn't help but marvel at Tang Bao's foresight.

No wonder Tang Bao can achieve today's achievements! One step, ten steps have already been calculated, such a person, it is difficult not to rise.

"Well, taking a step back, it doesn't matter if Iraq is still a dead duck and forcibly prevents us from exploiting the Ravkh oil fields. I have the rights to exploit the Ravkh field for 99 years, so it doesn't hurt to delay a little longer. As long as Iraq does not completely occupy the area, the risks are manageable. ”

"99 years of mining rights!" Peter exclaimed again, this is rare, now most of the oil and gas contracts of oil-producing countries, the right to exploit is mostly 30 years, or 40 years, and the term of more than 50 years is very rare.

"Huh. There is nothing surprising that I paid a big price to get my hands on block C in the Ravkh field! Tang Bao said.

"Oh? I'm really curious! Peter said.

"5% stake in Phoenix Investment Group, plus 5% stake in East West Bank. The Kuwaiti royal family was also granted a number of conditions attached. ”

"5% of Phoenix Investment Group's equity ......," Peter surprised.

Right now.

Phoenix Investment Group is the hottest financial company on Wall Street, and many companies want to take a stake in Phoenix Investment Group, but they have no chance. After all, with Tang Bao's fear of accumulating money, it is unlikely that he wants to sell stocks when he is short of money.

A 5% stake is definitely a big deal. Peter finally understood why Kuwait would hand over a super oil field with reserves of more than 2 billion barrels to Tang Bao.

Super oil fields are worth tens of billions. However, with the terrifying development speed of Phoenix Investment Group, in a few more years of explosive expansion, the 5% equity value is not without the opportunity to surpass the value of the oil field. Not to mention a 5% stake in East West Bank.

……

"Don, there is uncertainty in the Lavkh field, and it will not be able to be exploited in the short term, we can't wait stupidly all the time, we have to look for other oil resources." Peter said.

Well.

Tang Bao nodded silently, and estimated most optimistically that the Ravkh oil field could be exploited after the Gulf War in 1991, but oil does not mean that it can be directly produced when it starts production, and it is necessary to explore and design production plans, drill oil wells, install production equipment, debug and stabilize production, and build various auxiliary production facilities.

"Peter, what do you suggest?" Tang Bao asked.

"Hmm...... Don, when you enter the oil industry, everything is starting from scratch, and it is impractical and time-consuming to explore and develop alone, so it is better to buy a small oil and gas company that is in a recession. Then, invest huge sums of money to acquire oil field blocks and invest in the exploration of new oil fields, and the two routes go hand in hand! Peter said.

"Buying a small oil and gas company?"

"Don, with your financial resources, you are more than enough to support the acquisition of any oil and gas company. However, acquisitions involving the energy sector will be relatively sensitive, cumbersome to review, and the larger the scale, the more troublesome it is. Even if the acquisition is smooth, it will not be completed in a few months, not to mention that if you want to acquire a large oil and gas company, I am afraid it will not be so smooth. Therefore, it is more appropriate to choose a small oil and gas company. Well, the most important thing is to save time. Peter explained.

Then.

Peter continued: "If the plan to buy oil field blocks is going to be a cold winter for the oil and gas industry as you expect, there will definitely be some troubled oil and gas companies selling oil and gas assets, and we can take over at a low price. However, most of the oil fields that are first sold by oil and gas companies must be low-quality oil field assets. Larger oil and gas companies would rather take out loans than sell their fields. Well, so, the acquisition of oil and gas blocks is only a stopgap measure to temporarily increase the company's oil reserves, and the most important thing is to invest money and find new oil fields. ”

"Oh? Do you think we need to focus on exploring new oil fields? Tang Bao said.

"That's right. Good quality oil and gas fields are monopolized by major oil giants, and it is not easy for us to acquire them. The easiest way to break out of this pattern is to invest in new oil fields. With a bit of luck, you may be able to discover a few new large oil fields and become an oil giant. Of course, it is also possible to invest a large amount of money and get nothing. ”

Then.

Peter added: "Don, you have plenty of money, I think you can afford to take the risk of oil exploration!" ”

"Heh, risks are also opportunities, and it's okay to take risks, but my money is not blown by the wind, and it is impossible to squander it at will."

"This is nature." Peter answered.

"Where are you going to invest in oil exploration?" Tang Bao asked.

"Hmm. The Persian Gulf in the Middle East, the Gulf of Mexico, and the North Sea in the United Kingdom are all important oil-producing areas, but there are also countless oil and gas companies concentrated in these areas, and some areas have been repeatedly explored, and it is difficult to have surprise harvests. My target is Indonesia and Malaysia. ”

"Hmm."

Tang Bao nodded silently, Indonesia and Malaysia are indeed rich in oil resources. Peter plans to go to these two countries to explore for oil, as long as it is not too lucky, it is not difficult to reap the rewards.

"Oh, let's be honest, I have long been concerned about the oil resources of Indonesia and Malaysia, and I hope that the British BP oil company will go to Indonesia and Malaysia to explore oil, but the company's funds are tight, coupled with low oil prices, many directors oppose large-scale investment in oil exploration...... Now, you're planning to venture into the oil sector and just have found a suitable entry point. Compared with the Persian Gulf and the Gulf of Mexico, Indonesia and Malaysia have not attracted enough attention from oil majors, with limited exploration and greater opportunities to discover oil fields. Peter said triumphantly. (To be continued.) )