This is a technical report on the geological exploration of the Maksha Oil Field. It clearly states that the proven reserves of the Maksha Oil Field are as high as 500 million tons, accounting for approximately 13% of Kazakhstan’s national proven oil reserves.
Reserves amount to 200 million tons.
That is, the amount that can be mined is 1.5 billion barrels.
The current national oil price fluctuates between US$17.59 and US$18.75, and the recoverable reserves of the Maksha Oilfield are worth US$25.5 billion.
Limited by mining technology, the current annual output of the Maxhay Oilfield has dropped to a low point, less than one million tons. However, after Halliburton enters, it will be possible to increase the annual output of the Maxhay Oilfield to five million tons in at most three years.
It will be increased to 10 million tons in five years.
In a ten-year contract, Oriental Petroleum still holds 29% of the oil share and is expected to make a profit of US$3 billion.
The price Halliburton has to pay is to transfer most of its assets to Oriental Petroleum.
Without KBR Company, as long as Halliburton Oilfield Services Company is still there, it will not be difficult to create another KBR Company. However, if 49% of the shares of Halliburton Oilfield Services Company are transferred to Oriental Petroleum and another KBR Company is added, the future Halliburton will be
The company’s surname is very likely to be Yao!
Obviously, Halliburton would not agree to it anyway.
Jackson suddenly thought of a question. The market value of 7% of Shell Oil's shares is about 2.7 billion US dollars. Frank and the others were actually willing to exchange it for 21% of the shares of Maxhay Oilfield, indicating that they had most likely seen this report in advance!
Frank did not tell Jackson this crucial information.
"Damn Frank!" Jackson cursed secretly.
Jackson picked up the report and said, "Mr. Yao, I'm afraid I have to fly to Dubai. Can I take this report with me?"
"Of course, but I hope you will hurry up." Yao Yuan nodded slightly.
Jackson stood up and left. As he walked, he asked his assistant to quickly apply for a special flight route, racing against time.
Just when Jackson flew to Dubai at night, a big news came from Almaty - the Kazakhstan government decided to establish a national oil company, sign a long-term cooperation agreement with Oriental Petroleum Corporation, and introduce Oriental Petroleum Enterprise Management Company as its
Operator of the Kazakhstan National Oil Company.
Azerbaijani model!
What is so difficult for other oil companies, in Oriental Petroleum's view, is an extra gift from Nazaryev.
The Petroleum Enterprise Management Company under Oriental Petroleum was established specifically to manage and operate Azerbaijan Oil and Gas Company, and has performed very well since its establishment.
Kazakhstan lacks relevant administrative and technical personnel. After the collapse of the Soviet Union, it knew nothing about the national oil market and the oil futures market.
Now, a very sincere and good company like Oriental Petroleum, which is dedicated to the welfare of the Kazakh people, is right in front of us. Isn't it a win-win situation to ask their oil management company to run the national oil company?
Of course, Nazaryev also has his own little idea. Oriental Petroleum can explore and exploit oil and natural gas in Kazakhstan. He cannot rely solely on foreign investment. Therefore, the national oil company must also develop as soon as possible to compete with Oriental Petroleum.
He asked Yao Yuan to beat him on his own, and everyone knew what his intentions were.
But Yao Yuan doesn't care. Kazakhstan's oil and natural gas reserves are far from the current value. The Kashagan Field is definitely the second largest oil field in the world. Dongfang Petroleum has made amazing profits just from this oil field, and it is impossible to eat it.
It is also unrealistic to supply oil and natural gas throughout the country.
On the contrary, by helping Kazakhstan manage and operate the national oil company, on the one hand, you can get a share and some shares, and on the other hand, you can influence Kazakhstan's energy policy, which will be of greater benefit to the future of Oriental Petroleum.
Not to mention anything else, the construction of oil pipelines alone is enough to make everyone covet it.
The finalized cooperation plan is that Oriental Petroleum Enterprise Management Company will obtain 15% of the shares of Kazakhstan National Oil Company, but the dividend share is 30%, on the condition that Oriental Petroleum Enterprise Management Company needs to be responsible for management and operating costs.
To put it bluntly, the Kazakh government just registers a company and collects money, and it has absolute controlling rights.
Of course, this is also a common practice for companies controlled by sovereign funds.
I provide resources and you provide capital and technology. This is also the approach used by most developing countries to develop their economies, and China is no exception.
After receiving this news, Jackson had to seriously consider the plan proposed by Yao Yuan. After he reported the specific situation, the Halliburton board of directors also attached great importance to it.
When faced with major events, companies in Western countries can still be extremely efficient.
They could not agree to the conditions proposed by Yao Yuan, but they came up with a plan that made the greatest concession. Jackson was once again ordered to fly to Almaty in critical situation. He rushed to Buer Town to meet Yao Yuan without taking any rest. It was already the third day.
Karina received Jackson and said, "Mr. Yao is talking to the president of Hyundai Petroleum of Korea. Mr. Jackson, I'm afraid you have to wait."
"Korean Hyundai Petroleum? What are you talking about?" Jackson suddenly became alert.
Karina smiled and shook her head, "Sorry, this is my driver's secret code."
Jackson naturally thought of the Sakha Oilfield in the Tyumen Oil Region. After Oriental Petroleum obtained the exploration and mining rights, it sold it to Hyundai Petroleum of Korea for a considerable sum. Oriental Petroleum switched to serving Hyundai Petroleum of Korea.
That transaction was also the beginning of Oriental Petroleum entering a stage of rapid development.
Could it be that Yao Yuan wants to sell the Maksha Oilfield to South Korea's Hyundai Petroleum?
The reason why Jackson made this judgment is that the Koreans and Japanese like to buy and buy from all over the world. They have too much money, and they are all countries that rely on oil imports. They are most interested in buying oil fields and buying oil.
To put it bluntly, the Koreans and Japanese are just takers. Their economy is developing too fast and they have too much money to spend. They often carry out international acquisitions and mergers at astonishing premiums.
Dongfang Petroleum's share of the Maksha Oilfield in its hands is only 29%. With the appetite of the Koreans, they will definitely buy it all. Does that mean that Dongfang Petroleum will withdraw from the development of the Maksha Oil Field?
When he thought of this, Jackson couldn't sit still and stood up and rushed in regardless of Yelena's obstruction.
Without the Maksha Oilfield, Oriental Petroleum can explore another oil field anywhere in Kazakhstan, or conduct in-depth development of other oil fields. However, if Halliburton misses the Maksha Oil Field, the next opportunity will be unknown.
It's time.
The Maxhay Oilfield has 1.5 billion barrels of recoverable reserves!
Jackson can't help but be anxious!
As soon as he was stopped by the security guard, he saw Yao Yuan and Hyundai Petroleum President Kim Jae-hyun walking out, talking and laughing. They seemed to be having a very pleasant conversation!