Reborn Wealth America

Chapter 562 Troublesome Federal Law

Abel's fitness plan was quickly settled by Craig.

In fact, it is nothing more than some training to improve the use of strength, exercises for physical response, and training for physical coordination.

Abel glanced.

Then I agreed.

I will practice when I have time in the future. This is not to be the number one athlete in the world.Just to test the limits of your current body, by the way, you can better control your current physical fitness and physical condition.

Compared with a fitness plan.

More important, of course, is the reason he himself came here-to find a way to transport the oil from his oilfield.

This is not good in capitalist countries.Basically all sites are owned, and there are very few unowned sites.The surrounding oil fields are all owned by some big capitalists. In this case, unless flying over from the sky.

It must pass through someone else’s home and must be approved by the other person.Among the oil transportation, the most cost-effective way on land is of course the oil transportation pipeline.

If possible, Abel plans to build an oil transportation pipeline.Transport the oil excavated from your future oil field and sell it.

This is why he came here.

Before solving the matter of future oil transportation, he encountered another matter.

The copper mine with a content of more than 7 million tons happened to be associated with the oil field, which happened to be the super large copper mine in the area where California United Petroleum had the right to exploit.

In the world, as long as it is a sovereign country, mining or digging for oil is not just a matter for the owner.Often it must be approved by some government departments in this country.

To mine oil in the U.S. requires a license from the Federal Department of the Interior, the Federal Department of Land and Resources and the Federal Petroleum Industry Commission.

The copper mine is better, only need to pass the Federal Ministry of Land and Resources and the Federal Copper Commission.

Abel has a little trouble now.

It is true that California Union Petroleum has the mining rights here, and this lot can therefore be regarded as the ownership of California Union Petroleum.But there is a cheating rule in American law.

Mining rights and exploration rights are calculated separately.This means that those who explore and discover mineral deposits do not necessarily have mining rights.Even if this lot belongs to you, the mineral deposits below it belong to you, but you just can't mine it.

Conversely, those who have the right to explore but do not have the right to mine, after discovering underground mineral deposits.The discoverer cannot mine, but the owner of the mining right cannot mine without the discoverer's exploration right.

Very complicated and troublesome.

This means that if you want to own mining, you must have both exploration rights and mining rights.

California United Petroleum has the oil exploration rights here, as well as the oil extraction rights.This is approved by the Ministry of the Interior and the right allowed by the Federal Ministry of Land and Resources.Therefore, Abel can dispose of the oil below this lot.

But that copper mine has some problems.

California Union Oil owns this lot, and this copper mine is under this lot.Therefore, the ownership of this copper mine is California Union Petroleum, but California Union Petroleum did not apply for exploration rights in advance.

Without the permission of exploration rights, California United Petroleum is not allowed to dig copper mines below the ground.

This law is cheating.

But he exists in reality.

This is why David Adams immediately notified Abel after discovering the copper mine, but he dared not disclose it.Since it is impossible for others to own the exploration rights of the California Union Petroleum area, if the time comes, if some methods are used and the exploration rights are blocked, copper mining will be very troublesome.

It needs to be kept confidential for now.

Before solving the problem of oil delivery, Abel must also solve the problem of exploration rights for this extra copper mine.

According to Abel's information on the website of the Federal Ministry of Land and Resources and the Copper Commission, Abel officially submitted the exploration plan prepared by David Adams.

According to the market conditions in Texas and New Mexico, only a single mineral exploration license fee will be levied over three million US dollars on this lot.

Generally the same as internationally, the exploration license rights in the United States are also once for two years. The contract allows to be renewed once. If you want to continue exploration in the future, you can reapply. At this time, others have the right to compete with you.

Abel doesn't take the right to exploration rights seriously, because he knows exactly where there are copper mines.

The current situation of United Petroleum in California is that it must first have the exploration rights before it can be upgraded and converted into the rights of mineral cooperative production and mineral joint venture agreements.

In the past, California United Petroleum had not yet acquired it for Chevron.My favorite thing to do is to explore all over the world.As a result, too much profit was spent on the cost of exploration rights. The oil company did not do its proper operations, and eventually went bankrupt and was acquired.

The volume of California United Petroleum in the past is an out-and-out behemoth in the oil exploration circle and even the international mineral exploration circle.Even if it is weakened several times after being acquired, it is still a terrible exploration monster, which has the company's traditional corporate genes.

After all, it was the first company that could bankrupt its own company because of exploration everywhere.

In the international arena, there are many small exploration companies that often rely on exploration and then sell the mining rights directly after discovering minerals. This link is also one of the sources of profits for mineral companies.

Although mineral exploration does not cost money for oil exploration, during oil exploration, sometimes an oil well requires an investment of several million dollars. Sometimes, it is common to drill more than a dozen oil wells in a region, and it costs hundreds of millions of particles to get nothing. There are many times.

California United Petroleum has done too many such things before going bankrupt and being acquired and reorganized.

Texas and New Mexico, the services in this area are still very comprehensive, as two states with a relatively single economic type-Texas is better now, because low taxes attract many high-tech Enterprises come over.But in the past, Texas, like New Mexico, relied on agriculture and oil.

Because of this tradition, these two states also have their own complete set of services for the management of foreign investment.

10:30 in the morning.

Many people from the two states and the federal government and departments related to these situations have come. This is their one-stop service.

Abel even needs to sit here and put forward his own requirements. The members of these government departments will quickly make a set of service plans according to the requirements of the big capitalists and complete all the procedures.

Although it is said to be very fast, a relatively large investment, coupled with the follow-up formalities and endorsement, cannot be done in a day.