Rebirth: From arcade game to business empire

The real oil crisis came in October.

But before that, Lin Mu planned to buy some oil companies first.

Naturally, the first energy company that Lin Mu targeted was Husky Energy in Maple Leaf Country.

It is a veteran oil company with a history of more than 80 years, headquartered in Calgary, Alberta, and operates in the western and Atlantic regions, the United States and the Asia-Pacific region.

At the same time, in the Huaxia market, it also holds a 75% stake in the Liuhua 29-1 gas field in the Zhujiangkou Basin of the South China Sea.

Of course, there are still none.

At present, Husky Energy is still relatively not so strong, but Lin Mu is not polite and is ready to take advantage of this time to directly acquire Husky Energy.

In fact, by 2019, Husky Energy had proven oil and gas reserves of 1.43 billion barrels, an average annual production of 290,000 barrels of oil equivalent per day, and a refining capacity of 308,000 barrels per day. And behind such an oil and gas company, the real power is the Li Jiacheng family.

Back in December 1986, when the international oil price was only about US$11 per barrel, Li Jiacheng acquired a 52% stake in Husky Energy for HK$3.2 billion (US$413 million) through Hutchison Whampoa at that time. By 1991, the Li Ka-shing family had spent HK$1.72 billion to gain absolute control of Husky Energy, holding about 70% of the company's shares.

This bottom-buying acquisition was once called "one of the greatest investments of his life" by Li Jiacheng.

In 2008, Husky Energy's share price peaked at C$49.86, and even achieved a profit of HK$8.54 billion in half a year.

Husky Energy is seen as a cash cow for Li Jiacheng.

Every year, the profit alone is an astronomical amount, and the dividends over the years have accumulated 54.2 billion, and when it was finally sold, it won 18 billion US dollars. Cool to explode and take off.

However, when Li Jiacheng bought the bottom, the international oil price was only $11 per barrel, and now it is even earlier, and the price of oil and energy is even cheaper, only less than $3 a barrel.

In this day and age, not many people really think that the oil industry has much potential.

In fact, between 1950 and 1973, the price of crude oil was artificially low by the Big Seven, averaging about $1.80 per barrel, only about half the price of coal. After the struggle of OPEC, it only rose to $2.95 a barrel in January 1973.

On the other hand, the demand for oil in the Western world has increased dramatically, but the Western oil companies are unwilling to make concessions to the price increase demands of the developing countries that mainly produce oil, and the contradictions between the two sides are becoming increasingly acute and tense.

On the whole, the whole world believes that the price of oil will not increase, and that they can eat the price of oil to the death.

It's a pity, who would have thought that the first oil crisis would break out.

It's just a joke not to take advantage of this opportunity to quickly take down a few oil companies.

At this time, to win Husky Energy, it is not a big problem for Lin Mu.

In fact, it's easier to get your hands on now.

When Li Jiacheng wanted to buy Husky Energy, Maple Leaf Country also made adjustments, and it was necessary to require the nationality of Maple Leaf Country, and Li Jiacheng wanted to acquire Husky Energy, so he had to adjust his son's nationality to Maple Leaf Country nationality.

However, now, this regulation still does not appear.

Therefore, Lin Mu does not need to change his nationality to the nationality of the Maple Leaf Country, and can directly rely on his identity as a Xiangjiang businessman to take Husky Energy.

Moreover, this price is very cheap, Lin Mu advanced it thirteen years in advance, and it only cost less than 80 million US dollars.

On the one hand, Husky Energy has several oil wells in the Maple Leaf Country, however, there are not many, Lin Mu now wants to take Husky Energy on the one hand, and at the same time, he must also take the documents of the Maple Leaf Country as soon as possible, and it is best to develop a few more oil wells.

In addition, there is another oil company in the Maple Leaf Country, Cenovus, and fifty years later, Cenovus and Justsky Energy merged.

Now Lin Mu plans to merge these two oil companies, and when the time comes, this will be his own cash cow, and the opportunity is just like this, fleeting.

Lin Mu has now made up his mind to take down enough oil companies and develop enough oil wells in one go before the oil crisis.

In the next 50 years, oil will have its ups and downs, but it will still be a very important resource.

Even if it is 50 years later, Huaxia proposed a carbon balance, oil is still important, in addition to as an energy source, petroleum asphalt is also very important, after the distillation of petroleum, the fractionation of gasoline, kerosene, diesel, heavy oil after the remaining components.

Of course, 50 years later, Lao Li still did not resist the pressure, and finally chose to sell Rationalsky Energy to Cenovus.

Although it is said that the market value has plummeted, in Lin Mu's view, it is not a big problem.

It's really not good, you can sell it to the state.

Lin Mu also believes that when the time comes, the two barrels of oil will definitely be willing to give themselves a relatively good price, even if they can't give themselves much benefit in terms of price, at least they must give themselves enough benefits in terms of policy.

The Maple Leaf Government was not very polite in the face of Lin Mu's acquisition conditions, but there was some surprise that Lin Mu was so young and not like an entrepreneur at all.

Moreover, it is clear that there is no way to make money by engaging in oil now.

Lin Mu was obviously very stupid in doing this.

After a pleasant negotiation between the two sides, Lin Mu was not polite at all, and directly copied the bottom and won Husky Energy and Cenovus, another energy group in Maple Leaf Country.

These two transactions cost Lin Mu nearly $400 million.

Subsequently, Lin Mu merged the two and officially changed its name to Hongmeng Energy.

However, on the whole, the cooperation between the two sides is quite harmonious, and Lin Mu is also thinking about arranging some workers from Xiangjiang to take down this technology.

Subsequently, Lin Mu began to work non-stop again and directly entered the oil country.

Although the war will break out, it will eventually subside, and Lin Mu is not polite at all, and directly took out nearly three billion US dollars to sign as many oil fields as he can.

Although there will be an embargo at that time, after all, it will not last long, as long as the contract is in your own hands, you can develop it.

At present, the most important form in the world is to control the production, supply, refining and marketing of a country's oil to a small number of large integrated multinational oil companies, and after the first oil crisis, this model will change dramatically.

Governments have begun to revise their oil policies significantly in general, greatly tightening controls over oil resources, production, supply, marketing and markets, and tightening the management and restrictions on foreign oil companies.

Of course, Lin Mu currently won this oil company, mainly for his own needs in Xiangjiang, as for the Maple Leaf Country, as long as the power in their hands is big enough, they will beg to cooperate with him.

The company is mine, the oil well is also mine, and you are the one who should ask for help.