North Dakota is the most sparsely populated state in the United States.
But it is called the "bread basket" of the United States.
The reason why it has received such praise is that 90% of the land in the state is used for agriculture, and 4 million acres of land are used for farming or pasture.
It can be said to be a major agricultural state in the United States and the second largest wheat producer in the country.
Animal husbandry is also very developed, with a total of 1.7 million beef cattle raised, and an average of three beef cattle per North Dakotan.
The Red River Valley area of North Dakota has the most fertile black soil in the world, and the agricultural production conditions are unique, which is very suitable for growing wheat.
Wang Lei's foundation not only purchased a large amount of black soil, but also has many layouts in the northwest.
October 1992 was another plain day for Wang Lei.
But for Lindgren, it was a very meaningful, no, it should be said to be a historic day.
He discovered a new oil field in northwest North Dakota!
"General Counsel Wang is so lucky. He bought nearly 50,000 acres of land in the northwest and is the largest landowner in North Dakota..."
Thinking of this, even Lindgren, who usually upholds integrity, began to feel jealous.
According to US law, if oil is found under a private farm, the right to exploit the oil also belongs to the private owner.
Oil companies must sign an agreement with the landowner or the owner of the exploitation rights before they have the right to exploit.
Thinking of this, Lindgren was thankful that Husky had the right to make the first offer because of his "good relationship" with the general counsel.
According to his estimate, the oil reserves in northwestern North Dakota are between 3 billion and 4.3 billion barrels.
Husky, which first discovered the new oil field, is undoubtedly the biggest winner.
In this way, the gap with Mobil Oil has narrowed by one point.
Thinking of this, he wiped the oil off his face. Usually frugal, he used his greasy hands to call Robert's desk without caring.
"Sir, I discovered a new large oil field in western North Dakota."
"Really?"
Robert also raised his voice excitedly. Husky is the most proud investment of Cayman Capital. If Husky discovers a new oil field, it will undoubtedly make a big splash in international news.
This will be of great help to Husky in expanding its brand influence.
"I am very sure that this oil field has at least 4 billion barrels. If we start working in full swing, we can at least reach a productivity of 500,000 barrels per day!"
According to today's oil prices, each barrel is around US$20.
In other words, if Husky fully exploits it, its daily income will increase by US$10 million.
This is just the income from crude oil. Husky has its own refinery and processing plant, which processes it into finished oil and various products, and the income will be higher.
It can be said that Lindgren's new discovery will at least bring the company nearly US$1 billion in net income each year.
Robert remembered the key point and asked in confusion:
"No, we have discovered a new oil field. Shouldn't we convince the local farmers to give us the mining rights?
Lindgren, you have to hurry up and deal with those farmers."
"Haha, sir, no need, I have already dealt with everything."
It was Robert's turn to be surprised. The usually rigorous Germans should not lie. He hurriedly asked:
"What's going on?"
"I signed a cooperation agreement with Wang Lei's private acquisition fund a year ago. If we Husky discover a new oil field on his land, we have the right of first offer."
When he heard that it was the boss's private fund, Robert smacked his lips and couldn't help but sigh in his heart that the boss's investment vision was indeed different from ordinary people. He actually thought of buying land in the United States.
After hearing that Wang Lei owned 80,000 acres of land in North Dakota alone, Robert could no longer describe his feelings as shocked, and did not respond for a long time.
"Boss, I know you are surprised. According to the agreement, we have the right of first offer. Do you want to lower his offer?"
Robert twitched his lips when he heard Lindgren ask this.
You are very brave, you dare to lower the price of the big boss behind the scenes.
He said hurriedly:
"No need, give it according to the highest market price. If we take the mining rights of the land in his hands, we will control half of the market in North Dakota."
The highest market share is 1/6. A small piece of land can make a small landowner a millionaire.
"That's good. I guess I won't get any benefits if I negotiate with the general counsel."
Lindgren thought of the days when he was dominated by Wang Lei and shuddered.
"Well, report to the boss as soon as possible..."Wang, tell him the good news."
Robert almost let it slip and quickly changed his words.
"Okay, I'll call him now."
While the two were talking, Wang Lei had actually received the good news. Although he had been mentally prepared, he was still very excited when he really found the oil field.
"Be careful of the jealous monster. Fortunately, we have bought this land for more than a year. Even if those farmers want to make trouble, they are not protected by law."
"Don't worry, sir. After the forest land incident, we have already perfected the contract and asked the seller to sign a statement that no matter what is found on the land, they belong to you."
"Very good, the money earned from the fields will continue to be used to purchase fields, and your public relations department will work hard to lobby for efficiency, and the bill to completely implement wasteland subsidies will be passed smoothly next year."
The other party couldn't help asking:
"Boss, do you really plan to abandon half of the fields year by year? "Yes, except for some fertile land, plant trees and grass on all of them." When Wang Lei said this, he felt very dark. Maybe there will be a soybean crisis in the United States in the future? As soon as he hung up the phone, Lindgren called in. "General Counsel, we found a new oil field under your farm." "Oh, so, are you here to discuss mining rights with me?" "Yes, we plan to give you..." ... After hanging up the phone, Lindgren touched his face again and said to several supervisors who were caught on the front line: "Everyone, take action and lead the team to sign contracts door to door. We must deal with all the farmers within a week. We must get ahead of Mobil and eat this big cake!" When saying this, Lindgren had a bit of the momentum of a domineering president, and a group of supervisors did not dare to complain at all. They all spread out and summoned their subordinates who were rolling in crude oil.
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