Coquettish Rebirth

So where is the oil field to buy first?Naturally, Jia Hongjian first set his sights on our country—the oil fields in Angola!Angola is a country that has been invested and cultivated by Huaxia Hi-Tech for several years. Of course, it is the place where Jia Hongjian and the others want to expand their influence first.The acquisition of other companies' oil fields in Angola is of course a way to expand their influence in Angola.At the same time, the most important point is that a large part of the reserves of Angola's oil fields are in their offshore!The mining cost is not high!At the same time, in terms of the cost of exploitation on land, basically the oil fields in Angola only need 10 US dollars to extract a barrel of crude oil!Such a cost may be higher than those countries in the Gulf countries where God rewards them with food - such as Kuwait, whose mining cost was only a little over US$07 at the end of 4!

And no matter how high our cost is, it is lower than in regions like Russia!In Russia, in 99, the mining cost exceeded 10 US dollars!And now in Angola, the cost of land mining is only 11 US dollars a barrel, while the cost of ocean mining is 13 US dollars a barrel. How can this price occupy an advantage in the world!In 2012, before Jia Hongjian's rebirth, Japan announced that they had successfully extracted shale oil from a shale formation 1800 meters underground.According to Jia Hongjian's judgment, maybe after 2012, shale oil will become a new hot spot!

That's right, in fact, after July 08, the price of crude oil ushered in a sharp drop. After reaching a low point of about 7 US dollars, it lingered for a while and then slowly rose!By May 40, the price of crude oil had already risen to 09 US dollars, and in October 5, the price even exceeded 60 US dollars!Under such a situation, until 09, the price of oil basically fluctuated between 10 US dollars and 100 US dollars, and shale oil was profitable at this time. It is said that the price of shale oil The development cost is about US$2012-120 a barrel, and the oil price is above US$50. Obviously, shale oil has great potential for development!

The country with the most shale oil reserves is the United States.Next up is Russia!Neither country is in OPEC!Although the old man said that the United States does not develop their domestic oil because they know to use other people's oil and use up their own after using up other people's oil.In fact, this is not the case at all, purely because it is not profitable to develop traditional oil in the United States!At the same time, relying on the strong military power of the United States, they can station troops in Middle Eastern countries.In order to obtain relatively low-cost oil produced locally, why should they develop domestic oil resources?They have troops on the ground, so they are not afraid of people getting stuck!

But when the price of oil reaches more than 100 US dollars, the energy companies in the United States may not be able to sit still. They will definitely develop shale oil to get a share of the high oil price!And at such a time.Can OPEC allow someone to hitch a ride?Not necessarily!Although the United States has troops stationed in the Gulf countries, countries like Saudi Arabia are not American dogs like Japan after all!To put it bluntly, they let the US garrison only seek a security guarantee, which does not mean that they have sold themselves to the United States.And besides, the OPEC countries are not just the Gulf countries!There are also Libya, Nigeria, Algeria, Angola, Ecuador, Venezuela, and Iran, a country that is definitely not against the United States!

On such a basis, what did OPEC do in the market before?They hope to have the greatest right to speak, and they want to be able to get the pricing power of oil!It can be said that in the first few years of the 21st century, when OPEC showed its strength to the world, they seized such a stall in the rapid growth of China's economy, and successfully lowered the price of oil through various means of limiting production at once. It's fried!honestly.As a businessman, how could this OPEC country not be willing to sell oil at a higher price? $20 a barrel and $100 a barrel, what do you think they choose?And Russia, a country that is not in the OPEC country, is desperately grasping the rising oil price to extract oil and increasing production every day. Russia has provided more oil to the market, thus alleviating the contradiction between supply and demand to a certain extent!

It’s fine if the Russian family does this, but in the future, a country like the United States will start playing with shale oil?Even Russia is the country with the second largest shale oil reserves in the world after the United States?Can this still be played?So if it is not possible, OPEC's approach is to directly suppress oil prices!Suppress oil prices to around or even below the US shale oil cost line!Over the past few years, the OPEC countries have suffered some internal injuries.But the shale oil companies in the United States can go bankrupt directly!Isn't this going to pay back what OPEC and the others said?Jia Hongjian is not saying that this situation will definitely happen, but judging from the ambitions shown by OPEC over the years, it is really possible for this situation to happen!Under such expectations, Jia Hongjian is still more optimistic about Angola within the OPEC system.And I am more optimistic about the traditional oil exploration industry, so I don't rush to buy some oil fields in such an opportunity when the oil price plummets, it is simply a pity for myself, okay?

If you want to buy an oil field, of course it doesn't mean that you can buy it right away, just like buying a car brand owned by General Motors.To buy an oil field, there is still a lot of preparatory work to be done.First of all.First check how many foreign oil companies have invested in oil fields in Angola, and then which of these companies may be affected by the economic crisis, that is, to see who's performance is not very good!After some investigation, the first oil company we found investing in Angola was an American company called Marathon Petroleum.Relatively speaking, this company's basic market is not that big, and it is incomparable with BP oil and Shell oil!For example, BP's profit in that quarter can be close to 20 billion U.S. dollars!profit!As for Marathon Oil, its profit in the first quarter of 08 was less than US$8 million!Such a company with a relatively small basic market, of course, has less working capital and reserve funds, and is naturally more vulnerable when the economic crisis comes!Maybe after a few months, the company's performance will start to look ugly, and it will start selling various oil fields and other businesses for cash!

Such an oil company called Marathon was established at the end of the 19th century, when the early oil development in the United States was developing inland from Pennsylvania, which is the state where Philadelphia is located.At that time, oil fields were discovered in Ohio along the Great Lakes, so all kinds of oil people flocked to Ohio, especially Cleveland.That's right, the city where the Cleveland Cavaliers in the NBA is now located was the location of the big oil field back then!Even the famous Cleveland consortium in the United States gradually took root in Cleveland because of the discovery of a large oil field in Cleveland. Even when the Federal Reserve was established, one of the 12 Federal Reserve branches in the United States was in Cleveland. Fran!

As for Marathon Oil, it was also established near Cleveland, Ohio, but it was very small at the beginning—a small oil company formed by a dozen independent oilmen.Although their headquarters was still near Cleveland in the earliest days, they have moved to Houston long ago as the oil fields near Cleveland have been exhausted.As for such a Marathon Petroleum Company, although it has successfully developed and grown in the course of more than 100 years of development.But such a development and growth is still very small compared with various giant companies in the same industry.Relatively speaking, the Marathon Petroleum Company in the United States mainly operates businesses such as oil transportation pipelines and natural gas LNG ships, plus various oil refining.Of course, their oil exploration and mining technology has not been abandoned, but because the volume is too small, they are not able to compete with the giants, so until now they have only launched their own business in seven countries around the world, and Angola As for the oil field, they invested and established it in the past few years, and Angola is also the seventh overseas business country they have expanded!

Such a weak Marathon Petroleum Company is of course a good prey—we want to buy it in the market, which is the same as lions catching animals on the prairie. We must pay attention to starting from the old, the weak, the sick and the disabled. !And if you do it with a strong company, it's called a merger, not an acquisition!Although various old, weak, sick and disabled companies must have their own problems, otherwise they would not be old, weak, sick and disabled, but a strong company does not mean that it will still be powerful after the merger!Like when HP merged with DEC, then what?A few years later, I don't know how many liters of HP's blood I spit out!The merger of two big companies, both of which have their own management, have their own culture and style, and these two groups of people are combined, so can they not fight for power?Could there be some running-in problems?Even because both parties are strong and both have good performance, it is possible for both parties to refuse to accept the other after the merger!

Having said that, Marathon Petroleum invested in an oil field in Angola. The initial investment probably amounted to nearly one billion US dollars, and after the investment, it did indeed produce oil. So now Marathon Petroleum is actually facing the need to add more in Angola. investment, and then put into production as soon as possible and expand production!But the problem is, the price of oil is going to crash in a few months... what will happen to Marathon Oil?Although they don't say that if they increase production, the more they produce, the more they will lose money, but the more they produce, the slower they will pay back!After all, they have spent more than one billion dollars. Isn't the cheaper the oil price the slower to pay back?And the future profit expectation of this kind of large investment is not optimistic, and the stock price will definitely fall! (~^~)