After confirming this, Sturgeon came over to persuade Nitz Oppenheimer to accept the new merger and financing plan.

Langhua Petroleum still hopes that the shareholding structure of the Volkov Petrochemical Group after the merger will be clearer and that indirect shareholdings will be reduced as much as possible. In other words, Conero Lake Industrial Park Co., Ltd. and Volkov Investment will have a clearer interest in Volkov.

Fu Petrochemical's shareholdings need to be dismantled directly to upper-level investors.

The purpose of doing this is to split Cao Mo's direct or indirect shareholding in Fulkov Petrochemical to less than 50% and require Cao Mo to give up his absolute controlling position; Cao Mo himself has no objection.

In other words, the Oppenheimer family, Sturgeon and Tianyue Investment previously held indirect shares in Fulkov Petrochemical mainly through Fulkov Investment. According to the requirements of Langhua Petrochemical, after Fulkov Investment

It will no longer hold shares in the new Ferkov Petrochemical Group, but will be transformed into a direct shareholding of the Oppenheimer family (family companies and individuals), Sturgeon and Tianyue Investment in the Ferkov Petrochemical Group.

According to the latest plan, the Oppenheimer family's shareholding in the new Volkov Petrochemical Group will be diluted to 2%.

This is actually consistent with the information brought by Liang Yuan during his two previous visits. Cao Mo has no intention of letting the Oppenheimer family go after they have been honest for more than a year.

"To be honest, our Oppenheimer family has not really done anything to feel sorry for Mr. Cao, has it? Did it squeeze our Oppenheimer family too hard this time?" Niz Oppenheimer stopped him from having a fit.

Nsange asked Sturgeon seriously.

"Mr. Oppenheimer seems to have been deeply misled by others - the Volkov Petrochemical Group is valued at US$1.5 billion and the Volkov Oilfield Service is valued at US$2 billion. It seems that they are purely playing a numbers game and compressing the value of Volkov.

There are no investors who hold shares in Furkov Petrochemical but not in Furkov Oilfield Service. This is not actually the case,” Sturgeon said. “Because Mr. Cao wants Huamao to be out, so he doesn’t want to do something about it and will not follow it.”

They explained that Mr. Cao wanted Mr. Oppenheimer to stay. He was in China at this time, so he entrusted me to come over and give you some explanations, Mr. Oppenheimer."

"Say it!" Nitz Oppenheimer said coldly.

“Folkov Oilfield Services was established not long ago, and the funds invested directly before and after, including the acquisition and merger of three existing companies, as well as subsequent talent development, and the introduction of offshore equipment and technology, totaled a little over 250 million US dollars.

A little more. However, if we only estimate the value of Fulkov Oilfield Services based on direct investment, I would like to ask Mr. Oppenheimer how much money Sika Aidet Power Grid Company invested directly at the beginning, but in November

After the completion of the Kilovolta-Daculamo backbone transmission line, how far does the value of Sika Aidet Grid differ from the actual investment?" Sturgeon asked.

Nitz Oppenheimer was stunned for a moment, then fell silent.

When Sika Aidet Grid Company was spun off and established, the actual capital injected was only US$2 million.

However, after the Ronta-Taculamo transmission line was completed, the value of Sika Aidet Power Grid Company directly exceeded 50 to 60 million US dollars, a surge of 20 to 30 times compared to the direct capital injection.

At the beginning, he didn't want to see Cao Mo forcefully interfere and limit the dividends paid to investors by Sika Aidate Power Grid Company through Abacha, and wanted to overturn the gambling agreement. For the first time, he thought of joining forces with the Rupert family and the Blake family to fight for it.

The control of Sika Aidet Power Grid Company has been thwarted.

"I'm afraid Falkov Oilfield Services cannot be compared with the original Sika Aidet Power Grid Company, right?" Nitz Oppenheimer said thoughtfully.

"Why can't we compare it to the fact that after Mr. Oppenheimer resigned as Vice Chairman of the Draculamore Municipal Council, he seemed to be less sensitive to outside information?"

Sturgeon would not speak too tactfully to Nitz Oppenheimer, saying,

"Mr. Cao and other companies seem to have only invested US$250 million in Fulkov Oilfield. However, the Quekotos Oilfield has been idle for eight years, and no company dared to take over the mining task. Is it possible that large and small companies

Do oil explorers lack the US$250 million? In addition to the US$250 million, how many tangible and intangible resources does Mr. Oppenheimer think Mr. Cao has invested in the joint venture? In addition to tangible and intangible resources,

Fulkov Oilfield Services has taken over the important task of exploiting the Kukotos Oilfield, and its goal is to increase the annual production scale of the Kukotos Oilfield to exceed 25 million barrels of crude oil. The profit it can earn will only be higher than that of the oil refining business.

, instead of lower——"

"But the valuation of Furkov Petrochemical cannot be so low?" Nitz Oppenheimer said strugglingly.

"Folkov Petrochemical seems to have a lot of profit margins, but the most critical crude oil supply has not been completely solved from beginning to end. The orders held by Atlantic United Petroleum Trading Company can only satisfy one-third of the No. 1 Refinery.

One production capacity, other raw material supplies mainly come from bulk orders, and the quality of oil products cannot be guaranteed," Sturgeon said. "I believe you are aware of these situations, Mr. Oppenheimer - Fulkov Oilfield Services

The significance of this is even more highlighted at this moment. The newly merged petrochemical group's refining business, through Fulkov Oilfield, can obtain stable and high-quality crude oil supply from the Quekotos Oilfield, which will inevitably further strengthen the overall profitability. Based on this

, Ferkov Petrochemical Group has really opened up the channel for rapid expansion, and it can even consider building a third refinery next year... Mr. Cao hopes that the Oppenheimer family will retain this part of the shareholding, and also considers that Oppenheimer

Mr. Mo will be worried that the valuation is too low, and is willing to give the Oppenheimer family a promise, that is, if the Oppenheimer family intends to withdraw in two years, Mr. Cao can acquire these shares at double the valuation..."
Chapter completed!