Chapter 1707 Twelve Million Is Cheap!

Yang Cheng was very regretful. If it wasn't for Aunt Qiu, he would never have thought of the Permian, let alone find out the reason why oil prices continue to slump. Shorting crude oil futures is enough for him to earn the cash he needs for the next few years.

Around 2010, the first shale oil revolution in the United States broke out, causing international oil prices to plummet. Before the pain of oil prices has completely passed, many people predicted that the second shale revolution was already brewing. The base of the second shale revolution is the Permian Basin.

At that time, the words of these experts were covered by the wailing voices in the market, and did not cause much disturbance. At that time, Yang Cheng was still in the hesitation period of losing his lover, and he was in a daze. To pay attention to the matter of crude oil, it is estimated that only when the whole world is out of gas and all the cars are lying down, he can pay attention to it a little bit, and then walk to the bar to get drunk.

And the class he was in in the previous life directly blocked his information sources, he was busy every day, and his attention was nothing more than his family's shortcomings, which dishes were cheaper, which eggs had a higher price, which pork sold for gold prices, etc., crude oil? Does it have anything to do with the common people? At most, I would glance at it while watching the news, but I wouldn't take it to heart.

Sorry! As long as he had a better understanding of the reasons for the sharp drop in oil prices in his previous life, he would not miss such a good opportunity to make money. Just thinking about it would hurt his heart, and he would helplessly miss the billions of dollars in benefits. This is all his own money. !

Yang Cheng wailed inwardly, wishing she could slap herself.

Seeing that his face turned blue and red as if he had been poisoned by a Gu, Yang Sen asked, "What's wrong? His face is so ugly?"

Yang Cheng cried and said, "It's nothing, I just feel like I've lost billions!"

"Billions of what?" Yang Sen thought his son was stupid, what was he talking about?

"Dad, why don't we take over Lao Tan's land?"

The words were not surprising, and after Yang Cheng said something inexplicably, he suddenly made a surprising decision.

Liu Yun's eyes were even more complicated, half moved and half worried, needless to say moved, he thought his son agreed to take over this mess for himself, and it was precisely because of this that she was worried, what if he failed? Didn't he kill his son?

The point is that Lao Tan has already failed on this land, so is he going to fail again?

"What? Are you really crazy?" Yang Sen had a feeling of hating iron but not steel. With his son's career development getting better and better in the past two years, he has long since lost this feeling.

It was replaced by the pride of successors.

But how long had it been before he was slapped in the face?

Of course, Yang Cheng was not impulsive. He gambled on a piece of land with a 90% failure rate without knowing anything. Before taking over, he must hire an oil service provider to conduct a comprehensive survey of the target land. Old Tan is because he has no money No survey, he has money!

In addition, the oil he mined was picked up by Delta Air Lines, a big oil eater, so there was no need to worry about losing sales. Moreover, as I said before, the cost of shale oil extraction is extremely low, and it is completely profitable to sell it at the current oil price. .

At present, when Saudi Arabia, polar bears and other countries are actively reducing oil production, the Permian Basin is showing a state of continuous increase in production. No one knows where the confrontation between the Permian Basin, Saudi Arabia and polar bears will bring the sluggish international oil price. It is worrying, but the enthusiasm of oil producers in the Permian Basin does not seem to be diminished.

The three major oil giants in the United States have all aimed at the Permian Basin, and they are working in full swing. This is the most important evidence. With the urgency of the three giants, will they make a loss-making business? Do not make jokes!

Yang Cheng asked, "Dad, don't get excited, calm down and think about what the oil giants including EssenMobil are doing recently?"

Yang Sen frowned and said, "The 2017 plan just released by EssenMobil stated that it will invest 25% of its investment in unconventional oil and gas exploration and development mainly in the Permian Basin, and that the total production in the Permian Basin in the future will It will account for 25% of the company's total production."

Yang Cheng spread out his hands, and the meaning was obvious, "Look, not only EssenMobil, but also Chevron, although they haven't announced it to the public, they are counting on the Permian Oilfield to return to profitability, including Marathon Oil, the three At the same time, the giants shifted their battlefield to the Permian, so that doesn’t explain anything?”

Yang Sen's frown still could not be loosened, "I don't deny the prospect of the Permian oil field, some Wall Street experts predict that the shale oil reserves of the Permian may be as high as 75 billion barrels, and the Permian Basin may become the world's No. Two major oil fields.

Although this prediction was considered exaggerated by many people, there are more and more events showing that this prediction may come true.

Therefore, whether it is the Big Three or small oil exploration and development companies, they can all take a gamble, including us!

But why should we gamble on a land that has already failed? The Permian Basin has a large area, and Lao Tan is not the only one holding a piece of land. "

What Yang Sen said made sense, but Yang Cheng had his own ideas, "Dad, first of all, if we don't have land ownership, we don't have the right to explore. Instead of spending billions of dollars to gamble, it's better to spend millions If we buy Lao Tan's land, even if we lose the bet, our loss will not be too great.

The reason why Lao Tan and the others failed was because they were unable to carry out all-round exploration of the plot. "

Yang Sen opened his mouth, the reason was valid, he didn't refute, Liu Yun was anxious, "Son, you have to think clearly, although I have a good relationship with your Auntie Qiu, but it hasn't reached the point where I will lose everything for her."

Yang Cheng didn't know whether to laugh or cry, "Mom, I'm not at the point of going bankrupt, even if I lose money, at most tens of millions, I can still afford it, and I don't need to touch your coffin books~"

With one sentence, the couple laughed angrily, "What did you say~"

. . .

The next day, Qiu Ying woke up the earliest, and found herself in an unfamiliar environment, under the subconscious vigilance of a woman, and checked her clothes immediately, um. . . intact!

With a sigh of relief, I began to look at the surrounding environment. The decoration is very American, and the materials are very high-end. The room is more than 20 square meters, and there is a walk-in closet and bathroom, which is enough for a guest bedroom. luxurious.

Qiu Ying rubbed her head, which was about to explode, and suddenly remembered that she seemed to be with Liu Yun last night, and she fell apart while drinking. She had no impression at all. Could it be that this is Liu Yun's house?

After hesitating for a while, I got up and went to the bathroom to take a shower, and found that there was a brand new set of women's clothes in the bathroom, the same size as hers. For a woman who loves to be clean, drunk clothes are absolutely unsuitable. When I saw the new clothes, I couldn't help but think that my girlfriends still understand me.

After changing clothes and going out, just in time for the servant to clean up, he was stunned for a moment before saluting and saying hello.

Qiu Ying was still worried, and tried to ask, "Is this Liu Yun's house?"

"Yes ma'am, ma'am is still upstairs resting, do you need me to wake them up?"

Qiu Ying waved her hands again and again, she was relieved knowing that it was her best friend's house, "No need~"

Originally, she wanted to leave first. After all, the Yang family saw her embarrassing situation. She didn't know how to deal with it. It was very embarrassing.

But it's too impolite to leave without saying hello.

"Ma'am, do you want breakfast?" The servant interrupted Qiu Ying's chaotic thoughts.

"No, just give me a cup of hot milk~"

"Ok ma'am, please wait~"

. . .

At around 8 o'clock, the three members of the Yang family got up one after another. The dining table was filled with sumptuous breakfasts. It seemed that there were many types of breakfasts, but the amount was not large.

After Liu Yun went downstairs, she went directly to the guest bedroom, and found that the door was open. She knocked on it with a smile, "Qiu Ying, are you awake? May I come in?"

Qiu Ying ran out after hearing the sound, and felt relieved when she saw Liu Yun, "Thank you so much last night~"

Liu Yun stepped forward and held her best friend's hand affectionately, "Thank you, isn't this what it should be?"

After a pause, seeing Qiu Ying's ruddy complexion, she couldn't help but nodded, "I'm in good spirits, it seems that I slept well last night~"

Qiu Ying's face darkened, "Since this happened, I haven't had a good night's sleep~"

Liu Yun's eyes were sore, and she couldn't help crying, "Let's go out to have breakfast first, let's talk while eating, I told them about you, maybe my son can help your old Tan~"

Qiu Ying's eyes changed instantly, it was the look of hope.

"real?"

"Listen to what they say first?"

"Okay~"

. . .

At the dinner table, after some friendly greetings, Yang Cheng felt that Aunt Qiu and her mother were similar, whether in temperament, way of speaking, tone or even tone of voice, no wonder these two became best friends.

Taking their seats one by one, Yang Cheng sat across from Qiu Ying. She put down her chopsticks when she noticed that she had eaten a few mouthfuls. Knowing that she might not be in the mood to eat, she took the initiative to say, "Auntie, should my mother tell you?"

This was what Qiu Ying was waiting for. If she hadn't been afraid of delaying Yang Cheng's breakfast, she would have spoken a long time ago.

"Say it, Xiao Cheng, do you really have a solution?"

Yang Cheng shook her head honestly, this scene almost shattered Qiu Ying's hopes.

Liu Yun glared at her son, and comforted her, "Don't worry, listen to him."

"Hurry up and say it, don't keep it~"

Yes, no one can resist the power of my mother.

"What I said is true, there is really no way, unless I buy the land~"

Qiu Ying also knew that this plan was too strong, and she couldn't open her mouth even if she opened her mouth.

But since Yang Cheng said that, she must have an idea, but Qiu Ying didn't have time to think about it.

"Aunt Qiu, how much did Uncle Tan pay for this piece of land?"

"Old Tan united many friends and colleagues, and spent a total of 12 million U.S. dollars~"

"so cheap?"

Qiu Ying smiled wryly, "Is it cheap?"

Yang Cheng touched his nose, yes, for Aunt Qiu and his wife, 12 million is definitely an astronomical figure.

"Uh~ Sorry, I mean, compared to other lands in the Permian, it is already very cheap."

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