Reborn Capital Empire

Chapter 544: Peak Oil Theory

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"Peak oil does exist. However, it is difficult to determine when the peak will occur!"

"Can Mr. Guo be more specific?"

"It's very simple. When people first discovered oil, they could only exploit those oil fields that were located on the surface and less than 000 meters underground. In terms of technology at that time, the oil reserves within this range were the peak. Wait until World War II. Later, with the advancement of oil extraction technology, oil resources at 2,000 meters, 3,000 meters, and even deeper underground have become new recoverable oil fields, so the peak value has changed again.”

"Take this as an example, with the advancement of extraction technology, the peak oil is constantly being delayed! Specifically, as the Irish geologist Mr. Campbell said at the oil reserve seminar last year, the peak was reached in 200 years; or this year, Mr. Simmons The peak in 205 was said at the oil summit; I don't know either. The future, leave it to God to consider. I just concluded that the oil will continue to appreciate in the future!"

"It's hard to believe that Mr. Guo, a person who judges that oil will appreciate in value, is actually skeptical of the peak oil theory!" said Stan O'Neill.

Guo Shouyun smiled lightly, "You can't just agree with something right or wrong just because it's good for you. Rational thinking, thorough analysis, and accurate judgment are the keys to success!"

In fact, 200 years later, with the beginning of the shale oil revolution in the United States, the peak oil theory has been self-defeating. If you agree now, won't you slap yourself in the face a few years later?

Anyway, the people sitting here now, with their status and their own intelligence channels, can basically conclude that oil prices will continue to rise. The reason for questioning is just to strive for better conditions. So he doesn't have to expose his shortcomings.

After Stan O'Neal, everyone's questions came one after another, and Guo Shouyun, who was well prepared, responded to everyone's questions with ease, and the debate didn't really stop until noon.

"Everyone, I'll leave the afternoon for you to see and discuss the detailed operating information of Unocal in your hands..."

"Mr. Guo, if you want to read such a thick document carefully, it cannot be completed without three or four days. If you add discussions, it will take at least a week. We can't stay here all in one week. Therefore, We need to bring it back."

"I'm sorry, Mr. Fein. Because this information involves Unocal's commercial secrets, no one can take it away, but can only look at it here. ... Rest assured, we have prepared a room for you here. The next one Week, you can all work here! Of course, I will not restrict your freedom, just leave the information here."

Seeing his resoluteness, everyone who did not want to miss the listing of the fourth largest oil company in the United States, although he was a little reluctant, he did not refuse.

After the meeting was announced, everyone left in turn.

Neil Mullen Bush, who deliberately stayed at the end, walked over to Guo Shouyun, took out a beautifully crafted invitation from his briefcase and handed it over.

"Mr. Guo, the 3rd of next month is my father's birthday. He personally told me to invite you to his birthday party! And send this invitation letter to you!"

Guo Shouyun took a look and said, "I am very honored to receive Mr. Bush's invitation. I will definitely attend!"

"If that's the case, then I'll say goodbye first."

"Mr. Mullen, walk slowly!"

When his back was gone, Rebecca Mark said, "Boss, do you think they can agree to our terms?"

"Stephen, what do you think?"

Stephen Bryan smiled lightly, "Only a fool would refuse. ...Ms. Mark, I think what you should consider now is the use of $340 million!"

Rebecca Mark frowned, she didn't like the high-spirited tone of the other party! However, guarding Guo Shouyun, she didn't say much.

"Okay, let's go eat too! It's getting late, and there's still work to do in the afternoon!"

Guo Shouyun couldn't help but quarreled, so he said quickly.

People who are proud in their bones really can't work together. The meeting between Stephen Bryan and Rebecca Marks is not to say the point is to Maiman, but it is by no means a good one!

A week is not a long time, even a short time. And things turned out exactly as Stephen Bryan said. In the context of rising oil prices, although Unocal has a single business, the risk is relatively high. But no one quit.

25% of the shares, Morgan and Roosevelt each took 4.25%, Bush took 2%, Kennedy took .5%; Blackstone and Carlyle each took 4%; Merrill Lynch and Goldman Sachs each took .75%, Phoenix took to 2.5%. The three companies have also obtained the qualifications for Unocal's listing and underwriting.

With this financing, the shareholding of Unocal indirectly controlled by Guo Shouyun dropped to 6%! Another 7% belongs to the management and the remaining shareholders when Unocal was acquired!

Of course, ~www.wuxiaspot.com~ this shareholding is not static. When Unocal goes public next year, the shareholding in each company will fall. However, correspondingly, the remaining equity will become more valuable as the assets of Unocal increase.

With the conclusion of Unocal PE's financing and the merger of Phoenix and National City Bank, several goals of Guo Shouyun's visit to New York this time have been completed, and it is time to leave.

Next, he originally planned to go to Washington, visit George W. Bush and Karl Rove, and mention the distribution of Iraqi oil resources by the way. But now that I have promised to attend Bush Sr.'s birthday party, I don't have to.

"Rebecca!"

"Boss, what are your orders?"

"I'm going to Texas tomorrow. If you go back, you can come with me."

"I would really like to be able to fly back to Texas on my boss's private jet. But now I have to stay and talk to Merrill Lynch, Goldman Sachs, and Stephen Bryan about Unocal's listing. I'm afraid I won't be able to return for a while. went."

"Alright! Do you remember the use of this financing?"

"Of course! Brazil's offshore oil field bids, Iraq's Majinu oil field, and Felix Energy."

"Iraq is not in a hurry. Taking Felix first, its $2.5 billion Gulf of Mexico oil and gas portfolio is a good addition to us."

"clear!"

"After the listing is over, the road show will be handed over to others, and you will go to Brazil to discuss it in person."

"Are you still participating?"

Taking into account the huge reserves of Brazil's offshore oil fields, Guo Shouyun nodded.

After finally explaining something to Rebecca, he hung up the phone.

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