However, before the fat man set off, Yang Jing still gave him a check for eight million US dollars, "If you can buy those eight old oil wells, you must use my money to pay! Of course, the oil wells are in your name, but the money to buy the oil wells must be mine! You must remember this, otherwise these eight old oil wells will be bought in vain!"
The fat man was very curious and asked why. Yang Jing was too lazy to give him an explanation. He just emphasized again and again that if he didn't use his money to buy these eight old oil wells, then even if he bought them, these eight old oil wells would probably not produce oil.
It was in this conflicted mood that the fat man flew back to San Francisco.
Things turned out just as Yang Jing had guessed. Although Chevron did not want to sell the ownership of the eight old oil wells, they were even more unwilling to offend Zhao Meng, the local tyrant. In the end, the eight old oil wells were sold to Fatty for $1.6 million.
Although this amount of money is nothing to a behemoth like Chevron, even the smallest amount of money is still meat. Moreover, Chevron's performance in the past two years has not been very good. In the end, it was able to exchange eight old oil wells that had been completely abandoned for 1.6 million US dollars, and it also gave Zhao Meng face. This deal is a good deal no matter how you look at it.
I just wonder how regretful Chevron will feel when it learns that the eight old oil wells they abandoned have regained their vitality.
When the fat man called Yang Jing and told him that he had dealt with the eight old oil wells, Yang Jing started to take action.
There was no shortage of manpower for the construction. The wire rope that Yang Jing bought when he explored the old oil well last time was still there. So after the workers completely opened the old oil well, Yang Jing worked all night.
The natural gas has returned to its previous state, and even the quantity is even greater. The heavy oil in the reservoirs under the eight old oil wells has also begun to undergo a magical change. Obviously, if we wait for another half a month, this will be another small oil field with a recoverable reserve of 70 million barrels. Once these two oil reservoirs are combined, they can form an absolute medium-sized oil field. The recoverable reserves are as high as 130 million barrels, which is enough for Rongbao Mining to mine for more than five years.
Moreover, because the mining cost of this oil field is extremely low, it is enough to provide Rongbao Mining with sufficient funds, allowing Rongbao Mining to successfully complete its transformation or gain a firm foothold abroad within five years.
It is not easy for Chinese miners to gain a foothold abroad. The whole world knows that China lacks minerals, so those countries with abundant mineral resources have all taken blockade measures against Chinese miners. Their countries' mineral resources cannot fall into the hands of Chinese miners, otherwise how can they make money?
This is why Chinese miners, even state-owned large mining companies, have a hard time opening mines abroad. To put it in a sad way, Chinese miners can only play in Africa now. It is difficult for Chinese miners to open up in mineral-rich continents such as Oceania and South America.
Even if you have money, it won’t work!
Now, with the help of this medium-sized oil field, Rongbao Mining is able to break through those blockades. As for future development, it depends on the decision of Guo Dabao and the supporters behind him.
That's right. The reason why Guo Dabao was able to open branches overseas so quickly and do so much business is absolutely impossible to do with just his abilities and financial resources. There is a bigger force behind Guo Dabao supporting him.
Even if Guo Dabao and Zhao Meng didn't say it, Yang Jing could see it.
Moreover, Yang Jing estimated that once these eight old oil wells were resumed for exploitation, the fat man's father would definitely say something to him.
As for what he said, although Yang Jing didn't know yet, he could guess a little bit. But Yang Jing also had his own insistence in his heart. No matter what Fatty's father said, as long as it was reasonable and within his scope, he would not mind helping. But once it was beyond this scope, no matter how high the benefits were, he would never take the risk.
It has to be said that Yang Jing’s guess was very accurate. When he returned to China, it was Guo Dabao himself who came to pick him up at the airport.
......
When Fatty came to Beaumont again from San Francisco, the oil reservoirs under the eight old oil wells were undergoing wonderful changes, but it would take more than ten days to finally stabilize.
The fat man returned the remaining $6.2 million to Yang Jing and said excitedly, "Old Yang, can these eight old oil wells really produce another 70 million barrels of crude oil?"
Yang Jing nodded and said, "That's about it. Anyway, I got this number based on the Great Qi-Watching Technique. It's just a rough estimate."
"Wow, that's great! I'll call my dad later and tell him I want to stay here. I see Uncle Zhao is very busy and he can't take care of Beaumont, so why not I stay and look after the oil field for my dad?"
"I see you want to stay here because no one can control you here, right?"
"Brother, please don't be so blunt, okay? I am a small boss after all, so let me experience the life of a playboy, okay?"
"Go ask your father for help. It's no use asking me for help. I'm just a small shareholder. I'm not your father. What's the point of asking me for help?"
"Oh my, my dear Jing Gege, how can you be so heartless? Do you really not care about your brother?"
"Care? Who said I don't care about my brother?" Yang Jing looked at the fat man with a smile, and patted Lin Dan on the shoulder, "Brother Lin Dan, I have always taken good care of you."
My dear, there is more to this chapter. Please click on the next page to continue reading. It’s even more exciting later!
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