Chapter 226: The Prudhor Bay Project
"There is another commodity that you should also pay attention to, and that is coal, which has been restricted in Germany, and there will definitely be a shortage of coal in Europe.
We are now going to start signing and purchasing agreements with coal mining companies.
Don't worry about this kind of resource and material not being able to digest it, it can be shipped to Brazil and used by our steel mill of Fangyuan Group.
If there is an opportunity, I hope that we at Global Group will have the opportunity to enter the coal industry.
After all, both the United States and Canada have some of the highest coal reserves in the world.
However, both markets are relatively mature, and perhaps we are a little late to enter now.
So be it! Coal we can think of in our South American Colombia.
After all, it will be closer to us in Brazil in the future."
Regarding Fang Lang's order, Wan Chongxin of course did not hesitate to carry it out, and immediately said:
"I see, boss. I'll start preparing as soon as I get back."
Fang Lang came to Wan Chongxin's side, patted Wan Chongxin's shoulder and said:
"Don't worry, let's sit down.
There's also a very huge opportunity for this, and that's the reconstruction of Europe."
Hearing Fang Lang mention the reconstruction of Europe, Wan Chongxin did not react for a while, after all, Europe is already being rebuilt.
Seeing that Wan Chongxin didn't speak, Fang Lang smiled and said:
"What? I don't believe it!
Let's put it this way! Once that happens, Europe will be at the forefront of the confrontation between the two blocs.
Do you think the United States will be able to allow Europe to continue to be chaotic as it is now?"
"Boss, you mean that the United States will support the reconstruction of Europe."
After hearing Fang Lang's analysis, Wan Chongxin directly grasped the key point, if the United States wants to participate in the reconstruction of Europe, it will either provide loans or support.
But even support isn't compulsory or free, it's a big deal!
The more Wan Chongxin thought about it, the more frightened he felt, if it was really as he guessed, as long as global trade could take this free ride in advance, the development prospects for the sake of it would become limitless!
"Or else?
Since the United States wants Europe to be a pawn, how can it not give enough benefits to others?
That's why you want the horses to run and the forage is indispensable!"
Wan Chongxin at this moment, where do you still not understand the twists and turns!
trembling with excitement, it took a long time before he suddenly said:
"So, boss, that's why you asked those shipyards to produce ships when you signed licensing agreements, right?
You've been anticipating this day for a long time, right?
Boss, are you a prophet?"
Hearing Wan Chongxin's statement, Fang Lang was also taken aback, is this a cult of personality?
However, Fang Lang is also difficult to admit this kind of thing, so he just smiled and denied it:
"These things can be analyzed in advance, and as for how to analyze them, you can think about them yourself.
When you know why and you can figure out something for yourself, you'll be a truly successful businessman."
The impact of this incident on Wan Chongxin is very huge.
It turned out that the gap between himself and his boss was not very big. However, today I suddenly found that I had only reached the second layer, and the boss was already in the atmosphere.
It's simply an existence that can only be looked up to.
Originally, Wan Chongxin wanted to continue to learn more from the boss, but unfortunately, the secretary knocked on the door and told Fang Lang that a gentleman named Reyer came to visit with two people.
Wan Chongxin could only get up and say goodbye to Fang Lang, Fang Lang smiled and patted the other party's shoulder, and after a few words of encouragement, he hoped that he would learn more, and he did not stay.
I thought that there was only one person from Reyer, but I didn't expect that there were three people coming.
But
Fortunately, Fang Lang has seen the information of these three people in the information of Ridgefield.
Several people greeted each other, Fang Lang guided a few people to the reception area to sit down, and after asking the secretary to bring a few cups of tea, he went straight to the point:
"I heard from my assistant lady that Mr. Reyes has been waiting for me in New York for a long time, right?"
Mr. Reyes and the other two Ridgefield executives were seeing Fang Lang for the first time, and they seemed a little cramped.
Hearing Fang Lang's active questioning, Reyer hurriedly replied:
"Yes, I'm sorry to disturb you, Mr. Fang.
The main thing is that now Ridgefield has been wholly acquired by the Universal Group, but we have not waited for a new boss to come over and rearrange our work.
The employees are a little apprehensive."
Fang Lang pointed to a few cups of tea on the coffee table and motioned to a few people to be casual.
He glanced at a few people unhurriedly, and finally stopped at Mr. Reyer and said:
"Then I wonder if the situation at Ridgefield is out of control during this time in New York?"
"Please rest assured Mr. Fang, although we are not in the company.
However, the company's business is going on normally and has not been affected.
Only the exploration project in Prudhoe Bay has now been temporarily halted due to financial constraints.
However, the company now has about two million debts, which will mature next month.
I hope you can prepare early, boss."
Two million is of course a small meaning for Fang Lang, who is now more concerned about the oil exploration work in Prudhoe Bay.
He was under the impression that the reason why the oil in the Prudhoe Bay had not been explored in the early stage was that the drilling depth was not enough, and some of the boreholes were even less than 10 meters away from the actual oil layer.
"Two million in debt is a minor issue.
Mr. Reyer, I have heard that Mr. Morgan has a very high opinion of you.
Considering that you have been with this company for so many years, I have no idea of changing the management of the company for the time being.
However, the group company will definitely send new financial and human resources personnel to the company, and we hope that you can actively cooperate.
In addition, the name of the company will be changed to Global Petroleum Exploration.
What I'm concerned about now is how much money I need to invest if I continue the oil exploration work in Prudhoe Bay."
Reyes obviously did not expect that Fang Lang would continue the oil well exploration work in Prudhoe Bay.
After all, the Ridgefield Company was dragged down by this project, so to speak.
There is now widespread disbelief in the Prudhoe Bay project, which may not be available for oil at all.
However, Reyes still believes that there must be oil fields in the bay of Prudho, and the previous scientific research and arguments support this view.
It's just that they still don't understand why they have been exploring for so long, and thousands of wells have been drilled without finding targets.
Even the company that directly dragged down them failed to find oil.
He thought that the new boss would definitely give up the project, but he didn't expect that the boss's first target was still the oil field project in Prudhoe Bay.
Somewhat incredulous:
"Boss, are you serious?
I mean, are we going to continue to explore in Prudhoe Bay?"
"Why not?
What a size of our exploration licence in Prudhoe Bay now!"
"Boss, we bought the entire exploration license from the Alaskan government for the entire central area of Prudhoe Bay.
It was a full 100,000 acres and cost a total of $9.3 million.
The amount of money invested is really huge, and the proximity of Prudhoe Bay to the North Pole makes it difficult to mine the land is permafrost.
Because the permafrost has a great influence on seismic waves, we later developed a method for correcting the permafrost data.
So, this
The huge investment in the project was the real reason for the collapse of Ridgefield."
Perhaps, the reason why Reyer explained this situation to Fang Lang was to remind him once again of the huge risks of this project.
However, Fang Lang was secretly happy when he heard this, and the exploration permit for the purchase of this land alone cost 9.3 million US dollars.
I bought the company myself, but I only invested 10 million dollars.
Together with the machinery and equipment of this company, another piece of land in Texas has oil exploration rights.
Coupled with the fact that oil wells are now producing a steady stream of oil, this acquisition is really profitable.
Historically, the field was not actually dug until December 1967, which means that if the normal progress is followed, the well will not be available for another 21 years.
Since I have the opportunity to buy this company in advance, of course, I will not let this matter drag on forever.
"What's the maximum depth we can drill into right now?"
"At 2,000 meters, we can only reach a maximum depth of two thousand meters now."
"Not enough, go back and order a drill rig with a depth of at least 2,500 meters.
In the central area of Prudhoe Bay, where it had already been drilled, drill down further.
Drill until 2,500 meters and see if there's any catch, can you do it?"
The boss has spoken, and of course Reyes will not have any opinions.
He understood what the boss meant, and it was to trust their judgment that there was an oil field in the bay of Proudho.
It is believed that the reason why they did not succeed was that the depth of the drilling was not enough.
"No problem, Mr. Fang, I will immediately order a set of drilling rigs from Roverland Company to a depth of 2,500 meters."
Fang Lang was very satisfied with Reyer's attitude, and smiled:
"I'll have dinner with Mr. Morgan later on, discuss it, and borrow $10 million for our global oil exploration company to carry out this project.
I hope you don't let me down."
When Reyes heard this, there was a sum of 10 million US dollars, which was absolutely enough if he only continued to explore on the basis of the original drilling.
Therefore, for a while, Reyer's mood was also very excited.
Hurriedly stood up and thanked Fang Lang:
"Mr. Fang, thank you! We won't let you down."
The two people next to Reyer also stood up to thank him, but one of them had his eyes lit up when he heard about the $10 million fund.
It seems to be the same as the other two, but there are slight differences.
Fang Lang had seen this person from the information, Zuel Swan, who was in charge of the logistics and equipment management of the Ridgefield Company.
This guy is responsible for all the company's equipment procurement and maintenance work.
Thinking of the other party's reaction after hearing his words, Fang Lang dared to be sure that this guy was not a good bird, at least he was a garbage thing who took kickbacks or embezzled public funds.
It turned out that what happened to Ridgefield Company, Fang Lang couldn't control it.
However, now that the Ridgefield Company has been acquired by himself, it is absolutely impossible for him to allow such a person to exist.
However, as a boss, of course, you can't just fire an employee just because you look at it and feel that the other party has a problem.
It's just that when the three of them left, Fang Lang stopped Reyes and asked him to start an investigation into this Mr. Zuel Swann together with the personnel stationed in the group company.
Focus on investigating the other party's economic problems.
If, after getting the exact evidence, talk directly to the other party.
Of course, the result will definitely not be to keep the person in the new company.