Chapter 276: : Entering Middle East Oil

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Hardy took the team to Long Beach. Manager John waited here early and saw Hardy's team coming, and immediately stepped forward and opened Hardy's door.

"Boss, you are here." John greeted respectfully with a smile on his face.

"Go, take me to the oil well." Hardy said.

"Good boss."

After a long journey, everyone finally came to the oil well area. The tall iron frame stood there, the workers were still busy, and there was an oil lake next to it.

John excitedly introduced: "Boss, the oil well we have drilled is a spouting well. The oil quality is very good and the output is very high. It can produce more than 5,000 barrels of oil per day."

Hardy estimated it in his mind.

The price of oil is now almost fixed at US$2.5 per barrel, and this price will last for about ten years. Based on 5,000 barrels per day, the annual output value of this oil well can reach about 4.5 million.

certainly,

There are still many costs that need to be eliminated, but even if the costs are eliminated, half of the benefits can be achieved.

More than two million a year.

It's really nothing to Hardy now.

But Hardy was still very happy.

Because of the emergence of this oil well, he was interested in continuing to work in the oil industry. After Hardy returned to the company, he thought about it and asked the secretary to find out Armand Hammer's phone call.

After the call was connected, the two exchanged a few words, and then talked about the little black cow that was bred, and Hardy suddenly changed the subject:

"Mr. Hammer, I bought a small oil company a few months ago. Just yesterday they drilled an oil well. The output was pretty good, with 5,000 barrels a day, and an annual profit of 4.5 million US dollars."

"Oh, then congratulations to Mr. Hardy."

Armand Hammer congratulated him, but he didn't understand why Hardy suddenly mentioned the oil company to himself.

"Mr. Hammer, are you interested in running this oil company with me?" Hardy asked bluntly.

Hardy is not going to waste time.

If Armand Hammer is willing to run this business with him, Hardy is happy to find a **** of business to help him make money. If the other party disagrees, it doesn't matter, Hardy can actually operate it himself.

Armand Hammer was surprised by Hardy's proposal.

He paused for several seconds and asked, "Mr. Hardy, why did you suddenly invite me to participate in the oil industry? I have no previous experience in this area?"

"feel."

"You know that I have a lot of business, and I hope to find a partner to help run it. After contacting Mr. Hamer, I feel that you are very knowledgeable in business and have a lot of experience. When thinking about how to run an oil company in the future, I suddenly thought Got you, so I called to ask if you are interested in operating an oil company." Hardy said.

Armand Hammer said in his heart, you are too casual.

Let me be a person who has no experience in oil business to do the oil business based on my feelings?

"I don't know how Mr. Hardy is going to cooperate?" Armand Hammer asked curiously.

"How about taking a share in business? If you buy a part of the company's shares, I think 15% to 20% is good, and then give you 5% of the operating shares." Hardy said.

Hammer paused, "Mr. Hardy, I need to think about it."

"Okay, no problem, listen to your news."

After hanging up the phone, Hammer sat on the sofa without moving for a long time. Would you like to pick up the business?

He didn't know why Hardy would look for him.

He once ran a pencil factory, and later ran a farm to raise cattle. He hadn't really been in contact with the oil industry, but after hearing Hardy's words, he was actually a little tempted now.

Why?

Now his ranch business is on the right track, and Hammer is a restless man without feeling.

Hardy's proposal gave him the passion to start a new business again.

after one day.

Hammer called Hardy,

"Hadi, I plan to give it a try."

"Haha, welcome, I am waiting for you in Los Angeles." Hardy said with a smile.

Hamer quickly rushed to Los Angeles. After seeing Hardy, the two came to the oil field again. After checking the new oil well, Hamer decided to invest.

Buying 15% of the shares for $850,000 and acquiring 5% of the management shares at the same time, Armand Hammer became the company's CEO.

In the office of the oil company, the three people discussed how the oil company would develop in the future. Hardy took out a map prepared in advance and spread it out and pointed to a local road:

"The Middle East is a place where oil is produced, especially Saudi Arabia, which has large oil resources. We can develop oil fields here."

Hammer and John were both taken aback.

John said: "Boss, Saudi Arabia is basically occupied by several major British oil companies and Mobil Oil Company. I'm afraid we won't be able to squeeze in."

Hamer also said: "Now there is still war in the Middle East, maybe it's not the best choice?"

Hardy smiled.

"The war has nothing to do with us. Don't worry about this. As for the land, I think there is a good place, and there is no one to occupy it now." Hardy said.

"Where?"

Hardy pointed to an area on the map with the words "Saudi-Kuwait Neutral Zone" written on it.

"This is a desert and hilly area, with Kuwait to the north, Saudi Arabia to the south, and the Persian Gulf to the east. This land is a disputed area between the two countries, but it has now been determined that it has become a neutral zone. All have sovereignty, which means that whoever takes it counts."

"This area covers an area of ​​2,200 square miles, which is enough for us to find oil. I hope Hammer will go to Saudi Arabia and get the mining rights in this area from them."

Hammer thought for a while, "Do you think there is oil here?"

"Someone has explored before and said that this area does not meet the characteristics of an oil belt, but I think there should be."

"Why do you think there will be?"

"Intuition." Hardy smiled.

It's intuition again. Hammer said how Hardy always does things with intuition. In fact, Hardy knows that in the future, there will be a big oil field here, which will make an American businessman directly become a rich man with billions of dollars.

Originally, the man was just a small oil merchant. He spent 10 million U.S. dollars and mining shares to obtain the right to exploit the neutral zone in the hands of Saudi Arabia. He became rich in the last night.

Some experts have also explored here before. Based on their research on faults, they concluded that there is no oil here, so those big companies have all given up on exploration and development here, which makes him cheaper.

now.

Hardy wants to get the mining rights of this place before the man, then the billions of dollars of wealth is his.

In the end, Hammer agreed to Hardy's proposal.

John continues to be in charge of domestic production, and Hamer brings his assistants and prepares to go to Saudi Arabia to discuss mining rights with the Saudi royal family.

After finishing the oil company, Hardy began to pay attention to Walsh Mining. Walsh Mining was actually controlled by Hardy for a long time. Why didn’t it change its name? In fact, it didn’t pay much attention to it. The reason why I sent Columbus to Australia to explore mines was just to look at them. Too nothing to do.

Based on his later experience, he knew that Western Australia's iron ore division was very extensive, and there were still many large mines that were not yet mined, so he asked them to look for it.

But they didn't expect them to surprise themselves by finding a gold mine.

On the day of receiving the notice, Hardy had someone inform Columbus to come back and report to him that after these two days, Columbus had arrived in Los Angeles.

At the headquarters of Hardy Group, Columbus was brought into the room by the secretary. Hardy looked at this guy, he still looked like a dusty man, with a field prospecting bag on his back.

"Boss, we found a gold mine." Columbus smiled.

Speaking of putting the backpack on the table, opening a few pieces of ore from it, Hardy picked up a piece of it, and then Columbus explained it to Hardy.

"This is gold ore. According to our experiments, the taste of that mine should be around 8 grams per ton, which is already considered a rich ore."

According to the standard, 3 grams per ton of ore is considered a medium-grade ore, 5 grams to 50 grams are rich ore, and extra-rich ore is 50 grams to 500 grams per ton of ore.

8 grams per ton is considered inferior in the rich ore.

"How big are the reserves?" Hardy asked.

If it's just a very small vein, it won't have much mining value. You have to know that mining gold mines in deep mountains and old forests requires a lot of investment.

"We have drilled 5 holes in total. This should be a large mine. It is estimated that the reserves are more than 200 tons of gold. Of course, this is only the most preliminary judgment. A large-scale and detailed exploration is required to finally determine the specific mineral deposits. There may be surprises. maybe."

Hardy picked up the stone and looked at it again. It was a pile of granite, and occasionally a flash of gold could be seen.

"Columbus, this thing is done very well, each of you will get a bonus, you must be the highest, go back to rest, I will let someone take care of the rest." Hardy smiled.

"Thank you boss." Columbus left with a smile on his face.

Why do they eat so much in the wild? Isn't it just to make more money?

When Columbus left, Hardy immediately called two vice presidents of Hardy Group, one named Jason and the other named Andrew.

"Jason, leave it to you. Walsh Mining has discovered a gold mine in Australia. You bring a lawyer and go there, buy that piece of land from the Australian government, or obtain a mining concession for that area." Hardy Ordered.

"Good boss, I'll do it now." Jason responded quickly.

"Andrew, UU reading www.uukānshu.com, you are in charge of financial investment. When Jason has completed the mining license, you will announce that Walsh Mining has found a large gold mine in Australia and push up the stock price."

Andrew nodded quickly.

If Andy is here, Hardy only needs to give him a word, and now these things have to be done by himself.

Hardy owns 91% of Walsh Mining shares. The current share price of Walsh Mining is US$1.23. The current price is still due to his 20% stake in Rocky Mountain Mineral Water.

However, with the discovery of a large gold mine this time, I believe that Walsh Mining’s stock price will take off. Coupled with a wave of propaganda from newspapers, television, and stock anchors, it will inevitably become a star stock.

With the operation of the financial team, the stock price is constantly pushed up, even if the gold mine is not digging, Hardy can make a lot of money. This is the charm of stocks.

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