Spring Breeze 1991

When Yao Yuan saw Jackson, he immediately said, "Mr. Jackson came just in time, you two, why not finalize the three-party cooperation today."

Of course Kim Jae-hyun would, not to mention Jackson.

The three returned to the meeting room, Yao Yuan asked them to sit together, and he sat opposite, tapped on the table, and asked Jackson, "What did Halliburton say?"

Jackson didn't know what medicine was sold in Yao Yuan's gourd, and he was afraid of missing the opportunity, so he quickly said, "Mr. A 5% stake in the oil field. Mr. Yao, this is our bottom line."

"Mr. Yao, what's the situation? We just talked about 29% of the shares, and you only have 29% of the shares left." Before Yao Yuan could speak, Kim Jae-hyun questioned.

Yao Yuan signaled them to be calm and said with a smile, "Let me explain, what Halliburton wants is actually a percentage share. Hyundai Petroleum and Shell Oil are the same, they want company shares. There is a difference between the two. Jackson ,am I right?"

Of course it is, Jackson nodded.

Halliburton seldom participates in oil companies. Their purpose is to provide professional oilfield services, collect money according to the contract, and take a cut of the production value is a common practice.

Yao Yuan smiled and said, "That's a good solution. After Halliburton became the only oilfield service provider in the Markshay Oilfield, it will take 20% of each barrel of oil as remuneration for a period of ten years. Then, the 20% Quantify it and set a tiered price with a little overflow, no problem?"

Jackson asked, "Mr. Yao, please be more specific."

Yao Yuan took a piece of paper, quickly drew a progressive form, filled in the numbers and handed it to Jackson, saying, "Take a look, both of you."

Based on the base price of US$20 per barrel, Halliburton gets US$4 as the cost of the oilfield service provider. Based on the price of US$20, the annual increase is 2%. In 1997, it was US$20.4, and in 1998 it was US$20.8. In 1999 it was $21.2, and so on until the end of the 10-year period.

"Of course, you can completely discuss the basic price and growth rate." Yao Yuan said with a smile, "In short, Dongfang Petroleum transferred its 29% stake in Maxie Oilfield Company to Hyundai Petroleum at a price of 37 billion U.S. dollars. This has been achieved. The prerequisite for the transaction is that Hyundai Petroleum must sign a ten-year oilfield service contract with Halliburton."

Kim Jae-hyun may not agree, but Yao Yuan can sign an oilfield service contract with Halliburton first, and then talk to him about the transfer of shares.

In short, if South Korea's Hyundai Petroleum wants to obtain 29% of the shares of Maxie Oilfield Company, it must accept this "disgraceful and humiliating" condition.

An agreement has been reached before, and Kim Jae-hyun has no objection. Besides, Halliburton is the second largest oilfield service provider in the world. He is eager to cooperate with Halliburton. The rest is the question of more money and less money.

Jackson understands what's going on, Yao Yuan is splitting up Mark Xie Oilfield into several pieces and selling them separately!One chain after another, forcing the oil companies and oil service companies who want to participate to accept his overlord terms!

"Mr. Yao, what you do is really against the rules of the market." Jackson is in a bad mood, even a clay figurine has a bit of a temper, let alone Halliburton, who is always aloof!

Yao Yuan chuckled, "Rules and standards are made by people. Dongfang Petroleum can and must formulate its own rules and standards in the Maksha oil field, and even in all oil fields in Kazakhstan. .”

He almost pointed at Jackson's nose and said that you Westerners can set rules and standards, and we Chinese can also set a set of rules and standards, and have the ability to ask you to abide by them, otherwise you will lose the qualification to enter the market!

Jackson finally realized that Dongfang Petroleum is not what it used to be. Halliburton, who once made Dongfang Oilfield look up to, is no longer an important role in the eyes of Dongfang Petroleum at this time.

He is very clear that Dongfang Petroleum is consciously controlling the output of the Dongfang No. 10 oil well in the Shidan Oilfield. If it is completely released, Dongfang Petroleum will only need to rely on this well in the Shidan Oilfield with a daily output of more than 3600 tons to produce in a year [-] million tons of oil, more than half of Shell's annual output...

Dongfang Petroleum is not listed, nor does it have a listed subsidiary. If the subsidiary of Shidan Oilfield is spun off and listed, the market value will easily exceed tens of billions of dollars!

Jackson had no other choice, sighed, and said, "Mr. Yao, Halliburton is willing to continue to cooperate. [-]% of KBR's shares plus US$[-] million in cash will be exchanged for the qualification of the only oilfield service provider in the Maxie Oilfield and no less than [-]% dividends."

"Mr. Jackson, we need to continue negotiations on the specific dividend." Kim Jae-hyun said.

Yao Yuan waved his hand and said, "Mr. Jin, don't worry. As long as the basic conditions remain the same, Dongfang Petroleum can sign a contract with Halliburton first, and then sign with you."

"Mr. Yao, don't bother you, I'll talk to Mr. Jackson directly." Kim Jae-hyun said hastily.

No matter how stupid you are, you will not let Dongfang Petroleum help you negotiate. Anyway, it has nothing to do with Dongfang Petroleum. Dongfang Petroleum is very likely to give Halliburton a higher price.

Of course, unless Hyundai Petroleum's second plan is to give up the Maxie Oilfield, you can do it without desire!

The problem is that Hyundai Petroleum really, really wants the Mark Xie Oilfield, and Yao Yuan has grasped this point. Isn't that because Yao Yuan rubbed it round and flattened it?

Jackson also wanted to talk directly to Kim Jae-hyun, the reason is not complicated, Yao Yuan likes to dig holes, two and a half of the three sentences have holes, he is really scared.Koreans are easy to bully, and Halliburton is an American company. Americans have a sense of superiority over Koreans, and Koreans have a self-consciousness and fear of slaves towards Americans.

Therefore, Jackson also stated that he hopes to talk directly with Kim Jae-hyun.

Yao Yuan picked up the landline and dialed a number. Lin Wei and Su Jianmin brought several people in, and the people brought by Jackson and Kim Jae-hyun were also brought in.

After Lin Wei personally verified each contract and put it out one by one, Yao Yuan pointed and said, "The one on the left is from Halliburton, and the one on the right is from Hyundai Petroleum. Please go through it, both of you, there is no objection." You can sign now."

What else can I say, it's all taken care of by others.

Jackson, Kim Jae-hyun and the assistants looked through it carefully.

They are fully prepared, and there will be no disputes about the terms of the contract, so there is nothing to worry about.Besides, they are accompanied by professional legal personnel, and the review is very fast.

Dutch Shell Group's US$2 million plus 7% of Shell Oil's shares, Halliburton's US$5 million plus all of KBR's shares, and Hyundai Oil's US$37 billion.

Among them, the total amount of cash is 44 billion U.S. dollars, and a quarter of the funds for building a new capital have been resolved.

Based on the market value of Shell Oil in 2018, the 7% stake is worth more than $35 billion...