America: Starting with Daily Intelligence

Chapter 260: Settle and Deal_3



If you want to buy, you will also need to purchase at the price of two oil fields, it won't be counted as one, and there won't be any discount price.

Allen Zhang is also ready to package and sell this oil field that occupies one-third of the Estate Ranch land, letting them talk and cooperate with the local power bureau and relevant departments themselves.

Presumably, not long after, the ranch will have dozens or even hundreds more nodding donkey pumps.

The chief director of Watson Petroleum said: "After our assessment, the underground resources of your three oil fields are only more and no less than predicted. We are still upholding the previous price, and perhaps we can offer a few percentage points of premium."

Allen nodded, "Now we can talk about the price. You can put forward your sincere price, and if I find it acceptable, I'll trade with you. These three oil fields, I don't necessarily plan to sell to the same company unless the price is right."

"If that's the case, then the value of these three oil fields may not be as high as imagined," said the chief female assistant of Merlin Petroleum.

"I don't care about the market price and influence, I only care about how much each of my oil fields can be worth. The least valuable of my three oil fields is worth over one hundred million US Dollars. As long as the price is right, I am willing to sell to them. You may consider where to increase your bids on the oil field."

Allen Zhang gave them time to consider and then called over Beggar Gang Disciples to bring over drinks for everyone present.

He turned around and walked aside with Old Karl, asking, "Which company contacted you? They want to buy your oil?"

"They haven't come over yet, and it's not a big company. But just now, people from these three major oil companies also exchanged a few words with me, wanting to buy my oil. If the price is right, I would consider selling to them," said Old Karl.

"Then let's wait for their bid. After all, the oil resources are in our hands – it's up to us to say whether we sell or not," Allen Zhang smiled. There are plenty of people who would pay a premium for this, as it's an international hard commodity.

After a while, the deputy director of Weimar Petroleum came over and said politely: "Hello, Mr. Jin, after discussing with our board of directors, we have decided to purchase your oil field with a content of 2 million barrels of crude oil for 95 million US Dollars. This price is definitely very sincere; I can guarantee the other two companies will not be able to offer a higher price!"

"That is a very sincere price, but I still want to hear the others' offers," Allen Zhang chuckled, indicating he knew this was their bottom line.

The Weimar director also confidently walked to one side. Soon, Davis the manager of Merlin Petroleum Company approached and said: "Mr. Jin, according to our board's internal voting discussion, we have decided to purchase your two oil fields for 145 million and 320 million US Dollars respectively."

The Watson director said, "We offer 325 million US Dollars for your largest oil field."

"Agreed." After considering, Allen Zhang decided to sell the three oil fields to three separate oil companies at the bids of 95 million, 145 million, and 325 million US Dollars respectively. The total value of the oil fields was 565 million US Dollars.

"If there are no objections, let's sign the transfer contract now. You'll need to make the payment to my invested Hanberger Foundation." Allen Zhang took out the prepared documents and the Hanberger Foundation account.

The representatives of the oil companies went back to their vehicles to get the prepared documents, drafted and signed the contract, and notified their financial departments to proceed with the transfer. With the transaction amount exceeding one hundred million, it also needed some time for the transfer from banks or private equity funds in various places.

The director of Merlin Petroleum still had some regrets for not securing the other valuable oil field.

Allen Zhang continued to pitch saying, "The oil field on the private ranch of my friend Carl Alfred also has 2 million barrels of oil resources. If you are willing to purchase at the price of 95 million US Dollars, you could consider signing a transfer contract with him as well."

The chief director of Weimar Petroleum immediately expressed, "We are willing to buy Mr. Carl's oil field at the same price."

Old Karl grinned from ear to ear, "Then follow me to the ranch to have a look, I'll guarantee your satisfaction."

Before long, Allen Zhang received a payment notification, glancing at the project funds of the Hanberger Foundation.

+95 million US Dollars. The first payment from Weimar Petroleum Company had arrived.

The other two payments might take some time, but they are expected to arrive in installments by tomorrow at the latest.

After all, the contract has been signed, and the land is here, it's definitely not going anywhere.

General Sect Leader couldn't help but express his amazement, has he become a billionaire just like that?

It seems you all are quite sincere after all.

"Mr. Jin, we have also prepared a celebration banquet to mark the success of our cooperation. All the attendees of the party are private oil field owners with cooperative projects with our company, I wonder if you are interested in attending the event tonight?"

Camille, the female assistant from Watson, walked over and extended the invitation, her eyes glazing over.


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