Reborn Capital Empire

Chapter 602: Rebecca's worries

Chapter 602 Rebecca's Worries

For Unocal, Guo Shouyun pays the most attention to three areas. Brazil's Santos Basin and Texas' Delaware Basin are two of them. The former is related to Unocal's future as an oil giant, and the latter is related to the company's oil and gas development in the next 30 years. Base.

As for the last piece that Guo Shouyun pays attention to, there is no doubt that it is Iraq's unallocated oil and gas resources.

"Any news from Iraq recently?"

"There are still conflicts, but they are all local conflicts. In addition, the new Iraqi government has begun to form with the help of the White House, and it is expected that there will be a result this year. As for Iraq's oil and gas resources, the White House has not given credible information yet. It is estimated that this matter will not be put on the agenda until the formation of the new Iraqi government is completed.”

Guo Shouyun nodded, "Pay close attention to the news from Iraq and the White House, and remind me of any changes."

Before the competition for Iraqi oil and gas resources, he was doing it himself. However, where he should start, he has already prepared, and the rest is to wait for the news from the White House. This kind of thing is just right for Rebecca Marks. Moreover, there are many companies under him, and it is impossible to always focus on it.

"Yes!" After answering, Rebecca continued, "Boss, according to your last explanation, we have contacted Huaxia Offshore Oil Company. At present, the two parties have agreed to jointly develop the oil resources in the Huaxia Bohai Sea area. The contract will be signed in March, do you...do you still need to attend?"

Guo Shouyun thought for a while, "Forget it, I'll leave this matter to you."

"Yes!"

"Any thing else?"

"Yes! ... At present, the price of Brent crude oil in New York has risen to 47 US dollars per barrel, which has exceeded the historical high level, and there is a risk of falling in the later period. Therefore, should we invest in oil forward contracts in a timely manner? slow?"

"How many oil forward contracts does the company hold now?"

"1-year to 5-year terms add up to $14.7 billion!"

Although a forward contract is a type of futures, it does not require margin and leverage like futures trading. Only need to consider the market price after expiration, and the cost of holding, that is, the cost of warehousing, insurance, and transportation.

The real cost of the $14.7 billion oil forward contract held by Unocal is only a few hundred million dollars a year.

But the return after maturity is dozens of times of the investment. Unocal's ability to continue small-scale acquisitions and expansions in the oil market is due to the benefits from forward contracts.

“At present, China, India, Russia, South Korea and other countries are experiencing rapid economic development, and their demand for energy is growing. Although OPEC’s decision to increase oil production takes effect, it will take time to add new oil wells. Although the economies of the United States and Western Europe are not as good as those of East Asia, they It is also in the growth stage. On the whole, the international oil supply is in short supply relative to the demand. In this case, although there will be a short-term correction in oil prices, there will be no large-scale decline. Therefore, reduce the long-term oil price Although the investment scale of the contract is a good strategy to deal with the pullback, it is not necessary."

After a pause, Guo Shouyun said with a smile: "Rebecca, I believe you should have thought of what I said. But now you are giving me such a suggestion. You should have other ideas in your mind, right?"

"It's still a wise boss." Rebecca smiled bitterly, "I just think Unocal's expansion is a little too fast. Brazil's offshore oil, the substantial expansion of the Delaware Basin in Texas, Iraqi oil resources, and forward oil contracts, In just one year, the company’s assets have risen by 57.4%, and its debt level has increased by 43.1%…”

"Isn't the money from the last financing still lying on the company's books?" Guo Shouyun said with a smile.

"But isn't that money you're going to use to invest in Brazil's offshore oil and Iraqi oil? In addition, the company's recent mergers and acquisitions cost nearly $3 billion."

"Rebecca, relax! Since I dare to spend money, I won't let things out of my control."

Although he said so, but Rebecca Mark is not as good as he has the memory of the next ten years, and can easily see the development trend of the entire oil market and make wise decisions. Therefore, his words did not dispel the doubts in the other party's heart.

But despite this, Guo Shouyun is Unocal's boss after all, and his decisions have promoted the company's rapid development without any major mistakes. So while Rebecca is not very disapproving of his decision. But after hearing the firmness in Guo Shouyun's tone, after hesitating for a while, he finally didn't say anything more.

"I understand, boss!"

"Rebecca, I can understand your concern, but time will tell. ... Okay, is there anything else?"

"there is none left!"

"Then hang up."

"Boss, bye!"

"goodbye!"

Hanging up the phone and recalling the whole process of communicating with Rebecca, Guo Shouyun frowned slightly and put the phone aside.

"Dong dong...!"

Just then, there was a knock on the door.

"Come in!"

"Boss, Qiu Manyun is here!" Wang Jue pushed in the door and said.

"Qiu Manyun? Didn't she return to the capital?"

"do not know!"

Guo Shouyun stood up after putting down the document in his hand.

"Go, go and see!"

When he came downstairs, he did not see Qiu Manyun's figure. But you don't need to guess Guo Shouyun to know that she is now 80% in the baby room or with Ji Hong and Ji Zheng. Sure enough, he found each other in Ji Hong's room.

"Yo, you just came to see me in a hurry!"

After noticing Guo Shouyun's figure~www.wuxiaspot.com~ Qiu Manyun handed Guo Ruiqi in his arms to Ji Hong and stood up.

"Didn't you go back to the capital? Why did you come back so quickly?"

"The year is over, why don't I come back? As for visiting relatives, I don't need to come forward at home. But you, Guo Shouyun, are my most important supplier of Jinyuan jewelry, so I will come to visit you first."

"Then I'm really flattered. Originally, I thought you, Qiu Manyun, 'go to the Three Treasures Hall'!"

"Shouyun, you're so outlandish. I usually come here at your house." Qiu Manyun smiled and changed the conversation, "But this time I'm here, I really have something to ask you about."

"What's up?"

"Your Global Fund is developing the ruins of the 'World Style Garden' in Fengtai District of Beijing?"

Guo Shouyun's eyes flashed, "What? You're not interested in it, are you?"

"If I say yes, will you let me participate?" Qiu Manyun said with a smile.

"Won't!"

"It's so sad for you to say that!"

"Okay, don't waste your time, let's understand your purpose!" Guo Shouyun, who has gradually become accustomed to her speaking habits and behavior, also has a certain immunity. However, Qiu Manyun, who is charming and enchanting, plump and slender, and has a peerless appearance, is still exciting.

"You really don't know how to pity fragrance and jade." After giving the man across from him a blank look, Qiu Manyun, who was quite bored, continued, "Someone has also taken a fancy to your renovation plan for the World Style Garden. I've got a word for you. He wants to meet you if you're interested."

"Who?"

"A friend of mine is now the general manager of the Beijing branch of Huaxia Construction Engineering Corporation."

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