Yang Jing's words were not nonsense. The change in the oil pressure of the old oil well had thoroughly proved that this old oil well was undergoing extremely gratifying changes. This made Yang Jing more determined that this old oil well would definitely be useful.
Once this old oil well continues to produce oil, corresponding supporting measures will need to be constructed. At the very least, the oil pipeline will need to be re-laid, and then oil storage tanks will need to be rented.
And to do all this work, you can't avoid causing trouble on other people's farms.
Instead of causing trouble for someone else's farm, it would be better to just buy the farm.
Anyway, the price of farms in Beaumont is not expensive, about 8,000 US dollars per acre. This farm is at most 400 acres and 1.6 square kilometers. It is better to spend 3 or 4 million to buy it directly.
In the United States, construction on private land is a very troublesome matter. If the farmer is reasonable, then the oil pipeline can be re-laid. But if he refuses to let you enter his farm, you have no choice but to watch an old oil well that has been revitalized and is alone and useless.
Therefore, instead of dealing with those troubles, it is better to just spend money to buy the land, and then do the work and construction here, and no one will interfere.
Three or four million yuan is nothing compared to the upcoming production of this old oil well. And once this old oil well is completely useless, the land can be resold.
When Guo Dabao and Zhao Meng heard this, they nodded in unison.
Guo Dabao said, "Old Zhao, I'll leave this job to you. Even if it costs a little more, you must acquire this farm as soon as possible. Well, the property rights will be registered in the name of the company."
Zhao Meng nodded to show that he understood.
Guo Dabao said again: "Xiao Jing, it's time to talk about our relationship now."
Yang Jing took a sip of white wine, then picked up a piece of steak and put it into his mouth. Yang Jing liked the combination of white wine and steak.
"Uncle Guo, what's going on between us?"
"Are you trying to fool me here? If this oil well is really as you said, even if it can only produce another 8 million barrels of crude oil, after deducting the initial investment, the final pre-tax profit will be at least more than 350 million US dollars. Do you want to keep it all for yourself?" Guo Dabao looked at Yang Jing with a smile.
"Uncle Guo, are you kidding me? This well is a gift from me, your nephew. Why should I keep it for myself? You just need to give me $3.2."
Hearing this, Guo Dabao and Zhao Meng looked at each other and nodded slightly, "Xiao Jing, uncle knows your intention, but I can't accept your intention, it's too valuable. Let's talk about the facts. You discovered this well and you took the photo. Not to mention that you also discovered this well and made great contributions. So it can be said without hesitation that this well is equivalent to the one you surveyed. Therefore, according to the cost ratio between oil well survey and exploitation, you should have 70% of the shares of this well."
"70%?" Yang Jing was shocked. He knew Guo Dabao couldn't ask for the oil well for free, but he didn't expect him to give him 70% of the shares right away. "No, that's too much. I don't need so many shares."
Zhao Meng said, "Xiao Yang, what Lao Guo said is true. According to the current cost of land oil field exploration and development, you should really take such a large share. As far as current technology is concerned, the cost of land oil field mining is about $12 per barrel, and the exploration cost is as high as $26 per barrel. The exploration cost accounts for 70% of the entire oil field development cost! And I am talking about the development of new oil fields, and the old oil well you found at least saves the cost of drilling. Although it takes investment to re-lay the oil pipeline, compared with new oil wells, the investment required for this old oil well is too little. Therefore, you have the right and should take 70% of the shares."
Yang Jing put down his chopsticks, waved his hands and said, "Uncle Zhao, Uncle Guo, if I say I don't want the shares, I guess you two won't agree. So, I won't say any more nonsense. I just want to say one thing, that is, if you two want this oil well, then give me two shares. If it's more, I will seal this oil well again or sell it to someone else."
Guo Dabao got anxious when he heard this. "What's wrong with your brain? People are eager to take the money into their arms, but you are pushing it away! No, the share you want is too little. You have to take at least half of it. Oh, don't say anything, don't forget, although this oil well is yours, it is still nominally under the name of Rongbao Mining San Francisco Branch. What you said is useless."
Yang Jing chuckled, spread his hands and said, "Uncle Guo, that's it. This oil well was originally meant for you. If you give me shares, isn't that a slap in the face? Besides, why do I need the shares? I don't know anything about oil production, management, or operation, and you insist on giving me the position of chairman. Isn't that embarrassing me? Besides, I don't have that much energy and time to focus on this. If I had that energy and time, I would look for another old oil well in Shengmen. That would be another great treasure."
As soon as Yang Jing said this, Guo Dabao and Zhao Meng's eyes lit up. Zhao Meng asked, "Xiao Yang, are you saying that you can use your ancestral 'Great Qi-Viewing Technique' to find a second old oil well like this?"
"Uncle Zhao, I can't guarantee this for you. It all depends on chance. I was just lucky this time. I just randomly photographed an oil well and didn't expect this to happen. This kind of situation is something you can only encounter by chance. Although there are still millions of old oil wells in the United States, I don't know if I can encounter this kind of situation again."
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