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I have to say that Edmund's ranch is indeed big enough, it took more than half an hour just to drive to the location of his so-called oil and gas field, of course, this is also related to the entire ranch, and the asphalt road that goes straight to here is not paved.

Fortunately, although the pickup truck they took was not young, it was still sturdy enough, otherwise they would have to fall apart if they stumbled down all the way and changed to another car.

When he got out of the car and came to the location of the oil and gas field that Edmund was referring to, Li Yifan felt that his bones were about to be turned apart.

In the endless wilderness, there stood these dilapidated derricks, which were still working at this time, and the extracted oil and gas were directly transported by a pipeline in the direction of the pasture.

I saw someone coming, and in a simple office next to the derrick, a red-faced man in his forties ran over.

"Hey! Edmund, how did you have time to come here today? ”

The big man's voice is very loud.

"It's nothing, a buyer came over today, and I brought them over to have a look. How's that, it's okay, John! ”

"There's nothing wrong with the equipment, it's just a bit too lonely to work in a place where birds don't."

The red-faced man is not shy about it, and it seems that he and Edmund have a very good relationship.

"Haha, don't worry, it's going to be the weekend soon, and when it's the weekend, you can go around the city, and I'll come over to take over the shift then."

"Okay, let's talk, I'll go back and stare at the device."

Dahan nodded at Andy and Li Yifan. Then he walked back to the humble office.

"You saw it too. This is our oil and gas field. The oil reserves are not much, probably millions of tons, but the natural gas reserves are okay, about one billion cubic meters, you know, I don't have much money to invite those exploration teams to investigate in detail, if you invite those exploration teams to investigate in detail, it is estimated that the reserves may be higher. ”

Edmund gave them a brief introduction to the field. If it weren't for the fact that he saw those machines working, Li Yifan couldn't believe that this place was an oil and gas field.

No wonder the old man insisted on such an offer, if what he said was true, this ranch is really not expensive, 100 million dollars, buy a ranch, and an oil and gas field. This is ten years from now, who can get such an offer. I guess my mouth is crooked.

Millions of tons of crude oil reserves are simply a piece of chicken ribs for Canadian or American oil giants, not even chicken ribs.

Because according to their construction and exploitation standards, plus the cost of labor, the exploitation of such oil fields is definitely a loss-making business, after all, oil and gas fields with an annual constant capacity of tens of millions of tons, not to mention the entire North America, even in Alberta, which is rich in oil and gas resources, are everywhere.

Such an oil field with reserves of only a few million tons is not enough for half a year's production of a small and medium-sized oil field, so of course no one wants to develop such an oil field.

Such an oil field, if it is taken to China, may be a treasure for ordinary businessmen, but even for giants such as PetroChina and Sinopec, it is an out-and-out chicken rib.

Compared with the poor oil here, Li Yifan is more interested in the oil and gas fields under this field, with reserves of more than one billion cubic meters, which is definitely not a small gas field, if Edmund is not lying, this is definitely a medium-sized gas field.

In recent years, the concept of natural gas has not yet emerged in China, after all, China's economic development has been rapid in recent years, but it has not yet reached the point where ten years later, the behemoth of Shijie looking for resources everywhere.

And the quest for natural gas is far less exaggerated than it was a decade later, because of its difficulty in storing and transporting, even in North America, is not very important.

In addition to people using it for cooking and heating in winter, the biggest use of natural gas in North America is that some factories that need to use a lot of energy will use it as fuel.

After all, in the face of increasingly strict environmental regulations, natural gas is still a very good clean energy, and because the demand is not very large, the price is not very expensive.

Now I can't see the value of this natural gas at all, but I don't have to wait until ten years from now, even after five years, the price of this natural gas will turn over and go all the way.

At that time, China was on a global spurple, searching for a stable and suitable source of oil and gas supply to meet the country's growing demand for energy.

You must know that at that time, Canada relied on exporting oil and natural gas like China, and it became the world's top resource power.

At that time, the exchange rate of the Canadian dollar against the renminbi even exceeded the exchange rate of the U.S. dollar against the renminbi, and when the exchange rate of the U.S. dollar against the renminbi was still hovering around 1 to 6, the exchange rate of the Canadian dollar against the renminbi even exceeded 1 to 7 for a time.

It is precisely by relying on such strong resources that Canada's economy has ushered in a boom period of rapid growth.

But now, the price of this gas is ......

Uncle Andy and Li Yifan, led by Edmund, walked around the entire mining area, and then went to John's office and took a general look.

"At present, the oil and gas fields we have exploited are mainly supplied to the ranch, and our ranch has its own power generation equipment, so it can be said that as long as we operate it well, we can be completely self-sufficient, and the power supply of our milk powder production line depends on the natural gas ...... here."

Edmund continued to introduce them to the situation here, and Li Yifan became more and more satisfied with the more he listened, but Uncle Andy frowned after hearing this.

"Edmund, to be honest, I'm surprised and happy that there is this oil and gas field here, but I still think your offer is a bit high."

Li Yifan simply wondered if his ears had heard it wrong, such a haode place, Andy actually felt that Edmund's offer was a little high, God, is he crazy, you must know such a piece of feng shui treasure, not to mention 100 million US dollars in ten years, even if you take out 500 million US dollars, you may not be able to buy it.

But Edmund's next performance made Li Yifan a little dumbfounded, Edmund did not go to reason with Andy with anger as he imagined, but was a little depressed, it seems that Andy is not false, but what is this weishenme?

"Edmond, it's true that you have abundant oil and gas reserves here, especially natural gas reserves, but such oil and gas fields can be said to abound in Alberta. And I have seen the location of your oil and gas field, which is about more than 100 kilometers away from Calgary, not to mention Edmonton, at least more than 300 kilometers. ”

I wiped it, is it also a sin to be rich in resources? It's really nice to live in such a country.

After listening to Uncle Andy's words, Li Yifan suddenly had an impulse to be full of cows, they really didn't know how much people living in China would be thirsty for fuel resources such as oil and natural gas ten years later.

When people in those areas rich in oil and gas can enjoy gasoline for one or two yuan, but people in China have to pay several times the price to add inferior fuel to their cars, people who have not enjoyed such treatment cannot understand the Chinese people's desire for oil and gas resources.

"I know, Andy, these are the disadvantages of my oil and gas field, but no one can guarantee it, the future is ......"

Edmund still wanted to argue a few words about his ranch, but he was a little dry when he said it himself, and after a few words, he couldn't say it anymore.

Andy looked at Li Yifan, who was still in a daze behind them, and knew that his brain was a little too much to turn, so he explained to Li Yifan.

"Alberta is rich in oil, but most of the oil here is not pumped from wells, but from the oil sands. At present, several large oil sands refineries in Alberta are located near the state capital, Edmonton, and the most important raw material used to extract gasoline from the oil sands is natural gas. And Alberta, which is also a place rich in natural gas, has many places with very rich natural gas reserves, enough for us to refine a large amount of cheap gasoline, but there is also a degree in this, when the international crude oil price is lower than 35 US dollars, then refining gasoline from the oil sands is definitely a loss-making business. And now the international price of crude oil has fallen to $20 a barrel, so now many of those oil sands refining plants near Edmonton have stopped production, because they will lose five to ten dollars if they don't refine a barrel of crude oil. So the least valuable thing in Alberta right now is the oil sands and natural gas ......"

God, you are so good to me, such a big piece of cake, you just smashed it in my face, although it smashed me all over the face, but you still let this cake come more violently.

After listening to Andy's explanation, Li Yifan suddenly had a feeling of being speechless and asked the sky, thank Soros, thank you Quantum Fund, if it weren't for your toss, how could this international oil price fall from more than 40 US dollars to less than 20 US dollars now?

If it weren't for your toss, how could we have picked up such a big bargain?

In less than 10 years, two years from now, you can see that when the United States rounds its arms and grabs Iraq's neck and beats it violently, the international crude oil price will fly up like a rocket, from the current historical low to the $100 per barrel mark, and then it will never come down...... (To be continued.) )