NationStates Jolt Archive

Arabian Sea, Colony of Cactaur Island, 890km Southeast of Duqm, Oman

Quester Three, the lead ship of the five boat unit that was one of many tasked with the discovery of new lands and opportunities, was the first to catch sight of it on its sensors. These units were sent out by Wolf Lands Inc. (http://forums.jolt.co.uk/showthread.php?t=534239) to scour the known and unknown earth in search of vacant or undesired land to which the country and company could lay claim. However, in this dangerous world, military support is always necessary, and thus it was no surprise that the one ship in the unit with the necessary equipment and attention paid to searching was the one that found the island.

Within the week the coastal waters were teeming with both civilian research and military vessels. A perimeter was set up with buoys and naval mines (with the latter inside of the former), as the military set up a base on the island for defensive purposes.

A month's worth of research and exploration unveiled exactly what the executives at Wolf Lands Inc. wanted to hear: the island was worth trillions. The coastal waters, at three greatly different depths, held several trillion barrels of oil while the island itself was practically made of oil sands. With the discovery made, the Wolf Lands' Board of Directors quickly sold the rights to the oil to Millennium Oil for an unprecedented $10 trillion...


Millennium Oil Headquarters, Viscount-ania, DMG

"...Well, varied estimates put it somewhere between twenty-three and twenty-four trillion barrels, most likely towards the heavy end," explained an executive about their recent acquisition of the rights to the oil.

"Well, unfortunately, we are not ready to expand internationally yet..." the Chief Executive Officer said slightly annoyed. "And pumping any more oil into the domestic market will only serve to drive the price down. Where do we stand?"

Another executive chimed in. "Our oil reserves on the Arctic Shelf and on West Liberty Island have the market secure for at least two hundred yea-"

"Adjusting for projected change in consumption patterns?"

"Of course. Thus I propose the following," the executive continued. "We hold off on developing infrastructure and extracting the oil until we are ready to expand into the international markets. However, in the meantime to pay off this loan - taken out to secure the oil rights initially - we can sell off about half the oil rights on the island... We'll even make a profit. And when we are ready, bam!"

"Indeed..." the CEO responded pensively. "Johnson, take a letter..."

-------------------

Millennium Oil
http://i23.photobucket.com/albums/b360/DMG2005/MillenniumOil.jpg
"Black is the new Gold"

The history of the matter is not important. What is important is very simple. A few months ago Wolf Lands Incorporated, the largest real estate company in the Dominion, acquired a new parcel of land - more specifically, an island in the Arabian Sea. After some research and study of the land and surrounding waters, it was found that the island was rich in oil. Thus we came to buy the rights to all of the oil on and around Cactaur Island - so named for the cornucopia of cacti found on the island - for a hefty sum.

Now, we of little use for all of this oil at the moment, so we have decided to sell off the rights to roughly half of the estimated total reserves. We have divided the area up into nine sections (labeled with a coordinate system), of which we will only be keeping the rights to one of them. The other eight are up for sale to the highest bidder.

A map of the island can be found here (http://i23.photobucket.com/albums/b360/DMG2005/CactaurIsland.jpg). Each "oil derrick" on the map is estimated to hold one hundred billion barrels of oil on the ocean floor; each "oil sands (small)" on the map is estimated to hold two hundred billion barrels of oil; and each "oil sands (large)" on the map is estimated to hold five hundred billion barrels of oil (though they are only found in the sector that will be held by Millennium Oil). The following is how the map breaks down:
A1: 1.4 trillion barrels (sea deposit)
A2: 900 billion barrels (sea deposit), 800 billion barrels (oil sands)
A3: 700 billion barrels (sea deposit)
B1: 1 trillion barrels (sea deposit), 1.2 trillion barrels (oil sands)
B2: 1 trillion barrels (sea deposit), 11.4 trillion barrels (oil sands) Reserved for Millennium Oil
B3: 1 trillion barrels (sea deposit), 400 billion barrels (oil sands)
C1: 1.1 trillion barrels (sea deposit), 200 billion barrels (oil sands)
C2: 1.2 trillion barrels (sea deposit) 600 billion barrels (oil sands)
C3: 1 trillion barrels (sea deposit)

With the exception of Sector B2, each will be put up for auction for a given period of time (1 RL Day). However, Millennium Oil reserves the right at any time to sell to the current high bidder or reject a bid. Bids can be made with money, objects of appropriate value, companies, assets, or land of equal value. On all bids made with non-monetary sources, we reserve the right to be the final judge on the true value of said offerings. We will allow payments of money to be made over a maximum period of 5 years, but the missing of any deadline [payment much be given once per calendar year] will result in your oil field being blockaded until we receive our payment, not paying after this or excessive number of missed payments will result in your oilfield being taken over.

Remember, purchase of any sector only gives you the rights to the oil, not the land. The land is currently and will always remain in the possession of Wolf Lands Inc. You will be allowed to move in and build any resources and infrastructure you need to complete your task, but once all of the oil is dried up, your assets are to be removed.

Currently Up For Bid
None - All Sold!

Signed,
Michael C. Foxx
Michael C. Foxx
Chief Executive Officer, Millennium Oil


[OOC: My oil discovery on a previously undiscovered island. It's pretty self-explanatory, but if you have questions, please ask. I didn't say exactly the number, but let's just say it is well guarded. Remember Sector B2 is off-limits. Credit to TSS for the format. Oh, and keep the OOC chatter out of here unless you are asking questions. Cheers.]

List of Sectors
Holder: Chatham Petroleum, Willink
Oil Field: Sector A1
Proven (Sea) Reserve: 1.4 trillion barrels [42 gallon barrels]
Proven (Sands) Reserve: 0 barrels [42 gallon barrels]
Starting Bid: $4.2 trillion USD
Ending Bid: $60 trillion USD
Bidding Ended: August 22nd, 10P.M. EST (early)

Holder: Binarian Petrol Corporation, 1010102
Oil Field: Sector A2
Proven (Sea) Reserve: 900 billion barrels [42 gallon barrels]
Proven (Sands) Reserve: 800 barrels [42 gallon barrels]
Starting Bid: $4.3 trillion USD
Ending Bid: $40 trillion USD
Bidding Ended: August 23rd, 12:30A.M. EST (early)

Holder: Binarian Petrol Corporation, 1010102
Oil Field: Sector A3
Proven (Sea) Reserve: 700 billion barrels [42 gallon barrels]
Proven (Sands) Reserve: 0 barrels [42 gallon barrels]
Starting Bid: $2.1 trillion USD
Ending Bid: $50 trillion USD
Bidding Ended: August 24th, 11:15A.M. EST (early)

Holder: Kregaian Standard Oil, Inc., The Warmaster
Oil Field: Sector B1
Proven (Sea) Reserve: 1 trillion barrels [42 gallon barrels]
Proven (Sands) Reserve: 1.2 trillion barrels [42 gallon barrels]
Starting Bid: $5.4 trillion USD
Ending Bid: $16.4 trillion USD
Bidding Ended: August 24th, 12P.M. EST

Holder: Millennium Oil, Dominion
Oil Field: Sector B2
Proven (Sea) Reserve: 1 trillion barrels [42 gallon barrels]
Proven (Sands) Reserve: 11.4 barrels [42 gallon barrels]
Starting Bid: $10 trillion USD
Ending Bid: $10 trillion USD

Holder: C & O Mining Industries, The Order of America
Oil Field: Sector B3
Proven (Sea) Reserve: 1 trillion barrels [42 gallon barrels]
Proven (Sands) Reserve: 400 billion barrels [42 gallon barrels]
Starting Bid: $3.8 trillion USD
Ending Bid: $4.8 trillion USD by C & O Mining Industries
Bidding Ended: August 25th, 2P.M. EST

Holder: C & O Mining Industries, The Order of America
Oil Field: Sector C1
Proven (Sea) Reserve: 1.1 trillion barrels [42 gallon barrels]
Proven (Sands) Reserve: 200 billion barrels [42 gallon barrels]
Starting Bid: $3.7 trillion USD
Ending Bid: $4.8 trillion USD
Bidding Ended: August 26th, 4P.M. EST (early)

Holder: The Hillian Department of Federal Resources, Drexel Hillsville
Oil Field: Sector C2
Proven (Sea) Reserve: 1.2 trillion barrels [42 gallon barrels]
Proven (Sands) Reserve: 600 billion barrels [42 gallon barrels]
Starting Bid: $4.8 trillion USD
Ending Bid: $6.75 trillion USD
Bidding Ended: August 27th, 1:45P.M. EST (early)

Holder: Federeal Standard Oil & Gas, Brydog
Oil Field: Sector C3
Proven (Sea) Reserve: 1 trillion barrels [42 gallon barrels]
Proven (Sands) Reserve: 0 billion barrels [42 gallon barrels]
Starting Bid: $3 trillion USD
Ending Bid: $17 trillion USD
Bidding Ended: August 28th, 12:30A.M. EST (late)

Decari Oil Corporation bids $5 trillion for sector A1.

Die Swarz Adler Mining and Exploration Co. bids 5.2 Trillion.

We increase our bid to six trillion.

Kregaian Standard Oil, Inc., bids 8 trillion for section C2.

We bid 6 trillion for Sector B3 and 7 trillion for Sector A1

We bid $7.5 trillion for A1.

We bid 8 trillion for A1

We bid $10 trillion for A1.

We bid 13 trillion for A1.

Given that the bid would now likely outweigh the profit, we refuse to bid further.

Besides, out country has Platinum.

OOC: Better not let bush find out about this. NB is self sufficient in oil, with our alternative fuels, but we wil say somethng about the enviornment, as a heads up.

Now that our rival bidder has given up we will lower the bid to 12 Trillion

We bid $15 million for A1.

OOC: I thought you gave up?

IC:

We bid 17 Trillion for A1.

Kregaian Standard Oil, Inc., bids 8 trillion for section C2.
As stated, only A1 is currently available for auction. We will get to C2 later.

OOC: Better not let bush find out about this.
[OOC: What are you talking about?]

Now that our rival bidder has given up we will lower the bid to 12 Trillion
[OOC: The whole point of an auction is that you can't just lower your bid once it gets to high for your rival... However, you currently have the high bid at 13 trillion.]

We bid $15 million for A1.
[OOC: Congratulations, no.]

OOC: I thought you gave up?

IC:

We bid 17 Trillion for A1.
[OOC: He said he bid 15 million, not trillion. But fine, you can up it to 17 trillion.]

The Buy & Sell Corporation would like to increase the bid of Akimonad by five trillion USDs, in exchange for discounted purchase of the oil. The Corporate Empire needs oil.

As stated, only A1 is currently available for auction. We will get to C2 later.

OOC: My mistake. Well, I think that everyone is bidding wayyyy too much on A1, so I'll shut up for now.

[OOC: What are you talking about?]


OOC: Reference to American President George W. Bush and the criticism of the War in Iraq.

OOC: My mistake. Well, I think that everyone is bidding wayyyy too much on A1, so I'll shut up for now.
[OOC: No problem. I agree, thus I may just call it soon and move on to the next one.]

The Buy & Sell Corporation would like to increase the bid of Akimonad by five trillion USDs, in exchange for discounted purchase of the oil. The Corporate Empire needs oil.
You can negotiate with him as you wish, but I will alert you to the fact that Akimonad said they were pulling out and then decided to enter a bid of fifteen million. So where it stands currently is Greston is the high bidder unless he clarifies his position.

OOC: Reference to American President George W. Bush and the criticism of the War in Iraq.
[OOC: Bush = the President. bush = shrubbery.]

[OOC: He said he bid 15 million, not trillion. But fine, you can up it to 17 trillion.]

OOC: Crap you're right! darnit!

The Binarian Petrol Corporation shall bid 23 Trillion for A1.

We raise our bid to 24 Trillion.

The Binarian Petrol Corporation increases the bid to 40 trillion

http://i12.photobucket.com/albums/a220/Willink/Chatam.png

Chatham Petroleum, the second largest petroleum exporting company in the entirety of the Havenic regional sphere, wishes to place a bid on field A1, for the approximate price of some sixty trillion Universal Standard Dollars.

We also wish to inquire as to placing a counter-bid, or perhaps buying out the reserved Millennium Oil field sector for a negotiable price.

Signed, Board of Directors, Chatham Petroleum.

The bidding for Sector A1 has gotten to a uneccisary amount and we will not waste our funds on this to beat a mad man bidder.

The Binarian Petrol Corporation backs out as well.

OOC: 24 trillion barrels? Holy shit!
---------------------------------

Vetalian Syncrude, LLC

Our country would like to discuss purchasing rights to construct and operate refining infrastructure within these production blocs. Such a project would include the following:

-Crude oil pipelines, loading facilities, and storage sites
-Oil refineries
-Natural gas pipelines and storage
-Gas-to-liquids and gas condensate production facilities
-LNG processing and loading facilities
-Support infrastructure (roads, rail, electricity, water)

Our company will purchase oil produced from these fields on the market and reprocess it for sales domestically and abroad. We do not wish to purchase production rights for the fields themselves, only the right to operate processing and distribution facilities that will use oil from these fields. Estimates of any aspect of the project can be provided once cost estimates for entry are provided.

http://i12.photobucket.com/albums/a220/Willink/Chatam.png

Chatham Petroleum, the second largest petroleum exporting company in the entirety of the Havenic regional sphere, wishes to place a bid on field A1, for the approximate price of some sixty trillion Universal Standard Dollars.

We also wish to inquire as to placing a counter-bid, or perhaps buying out the reserved Millennium Oil field sector for a negotiable price.

Signed, Board of Directors, Chatham Petroleum.

Congratulations,
We have decided to prematurely end the bidding for Sector A1 after hearing of your bid. Unless otherwise stated, we assume that the payment [$60 trillion USD] will be made in monetary sums within five years.

By counter-bid, what do you want to counter?

A buyout of the Millennium Oil reserve in Sector B2 is not currently possible. If we decide to sell it in the future, we shall alert you.

Sector A1 is yours.

Signed,
Michael C. Foxx
Michael C. Foxx
Chief Executive Officer, Millennium Oil

The bidding for Sector A1 has gotten to a uneccisary amount and we will not waste our funds on this to beat a mad man bidder.
Indeed, we were quite surprised too.

The Binarian Petrol Corporation backs out as well.
Quite understandable.


Bidding on Sector 2A is not Open!

OOC: 24 trillion barrels? Holy shit!
---------------------------------

Vetalian Syncrude, LLC

Our country would like to discuss purchasing rights to construct and operate refining infrastructure within these production blocs. Such a project would include the following:

-Crude oil pipelines, loading facilities, and storage sites
-Oil refineries
-Natural gas pipelines and storage
-Gas-to-liquids and gas condensate production facilities
-LNG processing and loading facilities
-Support infrastructure (roads, rail, electricity, water)

Our company will purchase oil produced from these fields on the market and reprocess it for sales domestically and abroad. We do not wish to purchase production rights for the fields themselves, only the right to operate processing and distribution facilities that will use oil from these fields. Estimates of any aspect of the project can be provided once cost estimates for entry are provided.

[OOC: Aye, about two-thirds of which is in oil sands.]

Seeing as we are currently only intereted in selling the rights to these oil fields, we would suggest talking individually to those who purchase the rights about setting up your facilities there.

Far far away from the DMG claim, in the middle of a faraway place called Haven (well, less towards the middle and more to the north and a little east, but we digress) No Endorse survey vessels were also hard at work. Acting on maps provided by the Chief Geologist, they sought the largest Oil Reserve in No Endorse waters, possibly even in Haven: a thick, almost ring shaped cluster of oblong oil reserves located off the Northern Coast of No Endorse. The current reserves being tapped had begun to taper off, and it was estimated that all would go dry in the next few years, but it mattered not. There were several huge untapped reserves off the coast, but this was the largest, and soon to be the most famous in all of Haven.

The ships pulled close, anchoring above the largest section of the sprawling reserve. and dropping drilling rigs. Drilling nonstop, they continued in through the night....

===================

"At this rate, we should have hit it in a few hours." The captain of the drilling ship paced back and forth across the bridge, surveying his vessel. "Yet, we're still drilling! The map says it's shallow!"

A man sat at one end of the bridge, navigating a satellite image of the area. "Hmm... LANDSAT doesn't show anything here.... and the ground is all wrong. Where did you get this map?"

The captain produced an old and battered survey map, and pointed to the brown smudges near the top. "Right here, there are deposits all over...." The other grabbed the map and flipped it over, discovering the smudges had soaked through. "YOU GIT! THIS IS A COFFEE STAIN! THERE'S NO BLOODY OIL HERE!"

"WHAT? THAT WAS DAMN GOOD INFORMATION! FUCK! SHIT!"

"A multi-million expedition.... OVER A GODS DAMN COFFEE STAIN! Some captain you are!"

"You take that back!" The captain drew himself up, preparing to assert himself.

"Stupid git!" The bridge dissolved into a flurry of fists and shreds of paper, the map disappearing beneath two bodies each trying desperately to severely injure the other.

Below on the deck, the crew of the vessel gathered around a weak stream of mud. "T'is hurr ain't oil...." "At's raht, no awl herr." "Shuttin 'er down, we've got nuthin...." "Weel she-at."

===================

Atal Amner rubbed his temple, almost disgusted. "Coffee stains.... millions in survey missions.... have the old Chief Geologist shot, and send me the real maps Miss Vickers."

"Yes sir!" The young woman bowed her head and slid out of the colossal office, pushing the door closed behind her. Atal's immobile back saw none of this however. Gazing out the window, he felt a sinking feeling, the knowledge that somehow his nation had run flat out of oil, with no strategic reserve. Sighing, he returned to his desk and booted up his terminal. Maybe the news will take my mind off things....

As he pulled up the website of Carranda News Network, however, his face broke out into a wide grin. He jabbed the intercom button and gleefully called to his secretary. "Miss Vickers, send me Admiral Jackson! Oh, and still have that geologist shot."

"Y...yes Mister Amner."

===================

Salutations Brothers and Sisters of the International Community
It is with a heavy heart that I announce the eminent exhaustion of the Oil reserves of the No Endorse homeland. With the unproven viability of several reserves in Muncheria and the exhaustion of the reserves in No Endorse proper, we have reached a rather disappointing era. Chief Geologist Howard has been punished for his lack of foresight and irresponsible actions pertaining to the reserves of No Endorse.

However, Fortuna has smiled upon our great nation in its time of need. I wish to gleefully announce the discovery of Oil in the future No Endorse colony of DMG. I am ordering a security force to go to this new colony to ensure the safety of this new discovery, as well as the colony of DMG. A New Era is coming in No Endorse. No longer can we endlessly exploit without knowledge, from now on extensive studies will be undertaken to ensure the viability of ALL resources. No Endorse has weathered bad times in the past, but as then we shall prevail now!

-Atal Amner
-Atal Amner

P.S. To those groups seeking to trespass on No Endorse sovereign territory, we wish you good day and implore you to vacate the areas within the next twenty four hours. Good day.

The Jolt Ordinances of 20XX carried the message far and wide, ensuring that the flowing script of Atal Amner was once again overloading fax machines across the globe. At the same time, draft notices flew fast and furious, the great machines of war grinding to life. (As a gruesome stat, coffin production is up 200%, fun eh?) Looks like we're in for a fun ride....

OOC: when will bidding on sector A2 open?

OOC: when will bidding on sector A2 open?

[OOC: *points to post #31 and post #1*

About two hours ago.]

The Binarian Petrol Corporation Bids 5 trillion for Sector A2.

The Order of America's largest Coal and Oil Mining Services, C & O Mining Industries wishes to bid for 6 trillion on Sector A2

Die Swarz Adler Mining and Exploration Co. Bids 10 trillion for A2

The C & O Mining Industry bids 15 trillion for A2

The Binarian Petrol Corporation Bids 40 trillion for Sector A2.

The Binarian Petrol Corporation Bids 40 trillion for Sector A2.

Congratulations,
We have decided to prematurely end the bidding for Sector A2 after hearing of your bid. Unless otherwise stated, we assume that the payment [$40 trillion USD] will be made in monetary sums within five years.

Sector A2 is yours.

Signed,
Michael C. Foxx
Michael C. Foxx
Chief Executive Officer, Millennium Oil

Bidding for Sector A3 (700 billion barrels) is now Open!

Congratulations,
We have decided to prematurely end the bidding for Sector A2 after hearing of yoru bid. Unless otherwise stated, we assume that the payment [$40 trillion USD] will be made in monetary sums within five years.

Sector A2 is yours.

Signed,
Michael C. Foxx
Michael C. Foxx
Chief Executive Officer, Millennium Oil

The Payment will be wired in five 8 trillion USD transfers in over 5 years.

Die Swarz Adler Mining and Exploration Co. Bids 20 trillion for A3

The Binarian Petrol Corporation Bids 50 Trillion for Sector A3. If awarded, it will be payed in 10 installments of 5 trillion USD over 10 years.

ooc: Guys, I hate to burst your bidding bubbles, but simple math will show that some of your bids aren't as viable as you think. Oil in the real world is about 70$ a barrel due to a fun political climate and the fact that OPEC effectively controls the market. In NS, where it is ZOMFG PLENTIFUL1111 and we don't have such a group, it should be less than 55-60$ per barrel, what it was a few years ago in RL.

WHAT THAT MEANS: Assuming you can get 100% of the oil out of every deposit, their oil worth is the following:
Well: 55$-60$ per barrel (40$ per barrel)
A1: 77-85 trillion (56 trillion)
A2: 93.5-102 trillion (68 trillion)
A3: 38.5-42 trillion (28 trillion)
B1: 121-132 trillion (88 trillion)
B2: 682-744 trillion (496 trillion)
B3: 77-85 trillion (56 trillion)
C1: 71.5-78 trillion (52 trillion)
C2: 99-108 trillion (72 trillion)
C3: 55-60 trillion (40 trillion)

And that's assuming 55-60$ a barrel, which is highballing considering how many 'energy independent' nations there are out there. (I'd think it's closer to the 40$ figure) Keep that in mind when bidding. (Also, that excludes infrastructure, etc costs)


Also, DMG, what bout mah post? :P

snip
[OOC: Yeah... that is why I am debating about rejecting 1010102's second offer. But then again, I don't really care if they overspend and then can't make a profit.

Yes, nice post... ... ... I'm going to wait to respond to it for some time, if at all. And when everyone spends their dough on buying the rights, they will all want to keep you out. Oh, by the way, contingency plan... I will destroy all of the oil.

[OOC: Congratulations, no.]

*facepalms* I meant trillion.

The Binarian Petrol Corporation Bids 50 Trillion for Sector A3. If awarded, it will be payed in 10 installments of 5 trillion USD over 10 years.

Congratulations,
We have decided to prematurely end the bidding for Sector A2 after hearing of your bid. Unless otherwise stated, we assume that the payment [$50 trillion USD] will be made in monetary sums within five years.

Sector A2 is yours. However, we will not be accepting any more bids from your corporatin or company for we do not believe you can pay any more.

Signed,
Michael C. Foxx
Michael C. Foxx
Chief Executive Officer, Millennium Oil

Bidding for Sector B1 is now Open!

Kregaian Standard Oil, Inc., will bid 10 trillion for B1.

ooc: Well it shouldn't be much of a bid competition anyways...Greston doesn't have a trillion dollars of anything...except 1 trillion for education expenses...but if he wants to completely bankrupt his government let him do it I say...

ooc: Guys, I hate to burst your bidding bubbles, but simple math will show that some of your bids aren't as viable as you think. Oil in the real world is about 70$ a barrel due to a fun political climate and the fact that OPEC effectively controls the market. In NS, where it is ZOMFG PLENTIFUL1111 and we don't have such a group, it should be less than 55-60$ per barrel, what it was a few years ago in RL.


I think Griffencrest sells at $30, of course they also use a variety of unethical methods to keep costs low. But as was said it's no concern of ours if the Binarians spend 150% of their entire national GDP on a pair of foreign oil fields :p

Kregaian Standard Oil, Inc., will bid 10 trillion for B1.
Kregaian Standard Oil, Inc. currently has the high bid.

ooc: Well it shouldn't be much of a bid competition anyways...Greston doesn't have a trillion dollars of anything...except 1 trillion for education expenses...but if he wants to completely bankrupt his government let him do it I say...
[OOC: Well, he can still run up the bid a bit as long as nobody calls him on it.]

I think Griffencrest sells at $30, of course they also use a variety of unethical methods to keep costs low. But as was said it's no concern of ours if the Binarians spend 150% of their entire national GDP on a pair of foreign oil fields :p
[OOC: Nor do I care. However, they may bid no more.]

C & O Mining Industries bids 50 trillion

C & O Mining Industries bids 50 trillion

Sorry, but believing that your mouth has out bid your wallet, we have rejected your bid.

Kregaian Standard Oil, Inc. currently has the high bid at $10 trillion USD.

Black Gold Incorporated will bid $15 Trillion for the field currently up for bid.

Black Gold Incorporated will bid $15 Trillion for the field currently up for bid.

Thank you, you currently have the high bid.

Kregaian Standard Oil, Inc., will bid $15.7 trillion for B1.

Black Gold Incorporated will bid $16 trillion for oil field B1.

Black Gold Incorporated, with a bid of $16 trillion USD, currently has the highest bid for Sector B1. Bidding for this sector will end on August 24th at 12:00P.M. [EST].

Kregaian Standard Oil, Inc., bids 16.4 trillion USD for B1.

Republic Oil bids $20 Trillion

As a relatively young country and company, we wonder whether you can truly afford to expand your assets in this manner. We are debating on whether to accept your bid or not (OOC: However, I have to go and won't be back until after noon, so if Warmaster or TSS wants to up it above 20, I would be grateful).

C & O Mining Industries wishes to bid 20.8 Trillion

C & O Mining Industries wishes to bid 20.8 Trillion
[OOC: See the above post.]

Kregaian Standard Oil, Inc., bids 16.4 trillion USD for B1.

Congratulations, you have the won the oil rights to Sector B1 for $16.4 trillion USD. Unless otherwise stated, we assume that the payment will be made in monetary sums within five years.

Sector B1 is yours.

Signed,
Michael C. Foxx
Michael C. Foxx
Chief Executive Officer, Millennium Oil

Bidding for Sector B3 is now Open!

C & O Mining Industries bids 1.5 Trillion for Sector B1

C & O Mining Industries bids 1.5 Trillion for Sector B1

Rejected. As stated, the starting bid is $3.8 Trillion USD.

Currently Up For Bid
Oil Field: Sector B3
Proven (Sea) Reserve: 1 trillion barrels [42 gallon barrels]
Proven (Sands) Reserve: 400 billion barrels [42 gallon barrels]
Starting Bid: $3.8 trillion USD
Current Top Bid: (as of 2:00PM)
Bidding Ends: August 25th, 2P.M. EST

Dealthy Hallows Corp. will bid 3.8 trillion dollars for this sector that is up for auction.

(Yes, I did read Harry Potter #7! And yes, that's why I named the corp that! End of story!)

ooc:
*still waiting for a response*
Go ahead an respond -_- Trying to artificially create an 'alliance' to keep me out by not responding until you've leased 'em all is rather sketchy forum etiquette.

Dealthy Hallows Corp. will bid 3.8 trillion dollars for this sector that is up for auction.

(Yes, I did read Harry Potter #7! And yes, that's why I named the corp that! End of story!)
Deathly Hallows Corp. currently leads the bidding with the minimum bid.

OOC: Cool...?

ooc:
*still waiting for a response*
Go ahead an respond -_- Trying to artificially create an 'alliance' to keep me out by not responding until you've leased 'em all is rather sketchy forum etiquette.
OOC: Well, ICly I could honestly say that the bidding and selling is all happening within minutes of each other, so I am well within my rights (both in etiquette and logic) to wait. Here...

IC:

Response
Back off. This island was found and claimed by the Dominion and shall remain sovereign Dominion soil. However, in your plight, we would be happy to sell you the rights to the oil.

C & O Mining Industries Bids 4.8 Trillion For The B1 Sector

EDIT: B3

OOC: Sorry for the Screwed up posts I will pay more attention next time.....CRAP CRAP CRAP CRAP!!!!

C & O Mining Industries Bids 4.8 Trillion For The B1 Sector

OOC: Sorry for the Screwed up posts I will pay more attention next time.....

Sector B1 was already sold. Thus we assume you mean for the current one u for bid, Sector B3. If so...

C & O Mining Industries currently has the highest bid at $4.8 trillion USD for Sector B3.

OOC: Indeed.

OOC: Bidding closes in 25 minutes.

C & O Mining Industries Bids 4.8 Trillion For The B1 Sector

EDIT: B3

OOC: Sorry for the Screwed up posts I will pay more attention next time.....CRAP CRAP CRAP CRAP!!!!

Congratulations, you have the won the oil rights to Sector B3 for $4.8 trillion USD. Unless otherwise stated, we assume that the payment will be made in monetary sums within five years.

Sector B3 is yours.

Signed,
Michael C. Foxx
Michael C. Foxx
Chief Executive Officer, Millennium Oil

Bidding for Sector C1 is now Open!

Our Oil rigs will move in Imeidiently to begin drilling and Exportation.

We will bid 4.8 Trillion for C3

Our Oil rigs will move in Imeidiently to begin drilling and Exportation.

We will bid 4.8 Trillion for C3

You have the high bid.

OOC: Crappers, I meant Sector C1.

OOC: Well, You can always change it, More Oil For ME!!!! :D

OOC: Well, You can always change it, More Oil For ME!!!! :D

OOC: I did change it, but I had the right notation on the first page, just wrote it wrong in the post saying that it was open for bidding.

okay, well is the bidding for this sector over, have I won?

I'll bid 4,800,001 of whatever currency you wish for Sector C1.

OOC: Man... I miss the good old days when topics like this caused BC to come in a second to invade...

OOC: Man... I miss the good old days when topics like this caused BC to come in a second to invade...

BC is.....

BC is.....

An old nation... Blackhelm Confederacy... He was the head of the Corporate Alliance. Speaking of which, they still around?

Our Oil rigs will move in Imeidiently to begin drilling and Exportation.

We will bid 4.8 Trillion for C3

Congratulations, you have the won the oil rights to Sector C1 for $4.8 trillion USD. Unless otherwise stated, we assume that the payment will be made in monetary sums within five years. We will no longer be accepting bids from you for the final two sectors.

Sector C1 is yours.

Signed,
Michael C. Foxx
Michael C. Foxx
Chief Executive Officer, Millennium Oil

An old nation... Blackhelm Confederacy... He was the head of the Corporate Alliance. Speaking of which, they still around?

OOC: Yes, he is still around and the CA is still around. However, BC only did that when the people claiming oil were weak and small.

We will bid for the remaining sectors.

OOC: Yes, he is still around and the CA is still around. However, BC only did that when the people claiming oil were weak and small.


*shivers, looks around to make sure the CA isn't over his shoulder*

We will bid for the remaining sectors.

Go ahead....


Bidding for Sector C2 is now Open!

Only two fields remain up for auction!

Deathly Hallows Corp., looking to muscle into the VDB Oil Market, has decided to make a bid for Sector C2 of the newly discovered oil reserves in the nation of DMG. The bid is 4.8 trillion USD.

OOC: Still got half an hour...

IC:

Holder: C & O Mining Industries
Oil Field: Sector C1
Proven (Sea) Reserve: 1.1 trillion barrels [42 gallon barrels]
Proven (Sands) Reserve: 200 billion barrels [42 gallon barrels]
Starting Bid: $3.7 trillion USD
Ending Bid: $4.8 trillion USD
Bidding Ended: August 26th, 4P.M. EST (early)

We would like to bid higher. We will big 4.9 trillion USD for this sector...

~Maldorian Oil Inc.

5 trillion.

5 trillion.

5.1 trillion

You are all wasting your money, a barrel of Griffincrest oil is generally in the price range of 25-30 dollars, just buy that.

You are all wasting your money, a barrel of Griffincrest oil is generally in the price range of 25-30 dollars, just buy that.

Speak of the Devil?

You are all wasting your money, a barrel of Griffincrest oil is generally in the price range of 25-30 dollars, just buy that.

Hmm... yes. Or they can set up their own production facilities for a few trillion and produce barrels of oil for less than 15 dollars.

This is for buying only.

[signed]
CEO of Millennium Oil

[OOC: Drexel, et al, please keep OOC comments and other conversations unless directly ICly related out of here.]

[OOC: My bad... I'll stop with the chit chat]

The Hills place a bid at 5.5 trillion.

Maldorian Oil Inc. has lowered the price to 4 trillion USD. They also demand that Deathly Hallows Corp. halts its bidding, until it wants 'unwelcomed visitors' upon their nation's doorsteps...

EDIT: Damnit Drexel, you messed up my plan...:p

Maldorian Oil Inc. has lowered the price to 4 trillion USD. They also demand that Deathly Hallows Corp. halts its bidding, until it wants 'unwelcomed visitors' upon their nation's doorsteps...

EDIT: Damnit Drexel, you messed up my plan...:p

The minimum bid is $4.8 trillion USD, thus your reduction is rejected. In addition, once a bid has been made, you may not lower or reduce it - you are locked in with it unless you wish to bid higher (to out bid someone).

Threatening other bidders will result in a first time warning and a second time ejection from this bidding auction for the oil rights. We cannot condone this business practice.

[OOC: My bad... I'll stop with the chit chat]

The Hills place a bid at 5.5 trillion.

The Hills has the high bid at $5.5 trillion USD.

OOC: Bullshit... :)

IC: Bid at 5.6 trillion USD

OOC: Still got half an hour...

IC:

We would like to bid higher. We will big 4.9 trillion USD for this sector...

~Maldorian Oil Inc.

We closed it early, sorry. All bids are now for Sector C2

OOC: Bullshit... :)

IC: Bid at 5.6 trillion USD

[OOC: Hehe... OOCly, I don't care, but if you think about it, it is bad for me if you scare him off ICly.]

We wish to know the name of your corporation, group, or unit that currently holds the high bid for Sector C2.

Maldorian Oil Inc. is bidding at 5.6 trillion USD...

Maldorian Oil Inc. is bidding at 5.6 trillion USD...

[OOC: lol, of course. How foolish of me. My bad.]

C & O Mining Industries bids 5.7 trillion for The Sector Currently up for bid

C & O Mining Industries bids 5.7 trillion for The Sector Currently up for bid

As noted in our message to you confirming your winning of Sector C1, we are denying future bids by your company. We do not believe you can afford to spend more in a bidding war.

C & O Mining Industries bids 5.7 trillion for The Sector Currently up for bid

I don't think you have enough money...

EDIT: His government budget: A$1,876,244,079,600.00

C & O withdraws its bid.....maybe if the bidding continues in five NS years we will reenter but as of now we will pay off what we already owe

C & O withdraws its bid.....maybe if the bidding continues in five NS years we will reenter but as of now we will pay off what we already owe

Indeed, our thinking precisely. Though there will be nothing left to bid on then...

Holder: C & O Mining Industries
Oil Field: Sector B3
Proven (Sea) Reserve: 1 trillion barrels [42 gallon barrels]
Proven (Sands) Reserve: 400 billion barrels [42 gallon barrels]
Starting Bid: $3.8 trillion USD
Ending Bid: $4.8 trillion USD by C & O Mining Industries
Bidding Ended: August 25th, 2P.M. EST

Holder: C & O Mining Industries
Oil Field: Sector C1
Proven (Sea) Reserve: 1.1 trillion barrels [42 gallon barrels]
Proven (Sands) Reserve: 200 billion barrels [42 gallon barrels]
Starting Bid: $3.7 trillion USD
Ending Bid: $4.8 trillion USD
Bidding Ended: August 26th, 4P.M. EST (early)


C & O Mining Industries is OoA. He spent $9.6 trillion USD when his government budget is only A$1,876,244,079,600.00 *about 1.9 trillion*. Is there something I'm missing here?

C & O Mining Industries is OoA. He spent $9.6 trillion USD when his government budget is only A$1,876,244,079,600.00 *about 1.9 trillion*. Is there something I'm missing here?

OOC: Probably that C & O Mining Industries is a private company (presumably) and the Administration budget is for the government.

OOC: Probably that C & O Mining Industries is a private company (presumably) and the Administration budget is for the government.

...And his Admin is $211,640,332,178.88 *roughly 211.5 billion*

EDIT: I get what you're saying. On one of the trackers it says 'government budget' and A$1,876,244,079,600.00 is it...

...And his Admin is $211,640,332,178.88 *roughly 211.5 billion*

EDIT: I get what you're saying. On one of the trackers it says 'government budget' and A$1,876,244,079,600.00 is it...

OOC: Do you? The trackers only identify one's GDP and government's budget, nothing more. C & O Mining is presumably a private corporation and thus the tracker says nothing about it, especially not its assets or buying power. It is independent of the government just as Microsoft or any other company is independent of the US Government.

Unlike The Maldorians the Vast Majority of Our Businesses are Privatized....it really good for the Economy... and if you think about our Nation has access to Oil in RL Texas/Gulf of Mexico and areas in southern Canada based on wikipedia that is 800 gigabarrels

OOC: Do you? The trackers only identify one's GDP and government's budget, nothing more. C & O Mining is presumably a private corporation and thus the tracker says nothing about it, especially not its assets or buying power. It is independent of the government just as Microsoft or any other company is independent of the US Government.

OOC: You can't assume that. For all we know, OoA's company is part of the government...


EDIT: There we go. OoA's thing is privatized. That solves all of this. Also, OoA my government is pro-business! >: O

IC: Maldorian Oil Inc awaits bids from the compitition...

OOC:Not based on your UN ranked Economy nor by the Name of your Oil Company

OOC:Not based on your UN ranked Economy nor by the Name of your Oil Company

1) I'm not in the UN...

2) Inc stands for Incorporation

.....but your economy is frightening.....We better shutup before DMG yells at us about spam......

.....but your economy is frightening.....We better shutup before DMG yells at us about spam......

Frightening is a good thing...XD It's somehow frighteningly awesome...

On a more relevent note, DMG when will the sector close?

On a more relevent note, DMG when will the sector close?

[OOC: Spam indeed.

It will close when it is scheduled to, unless I decide earlier.]

[OOC: Note to all those who have bought or are seeking to buy oil rights here. No Endorse has expressed imperialistic views towards the island and oil, so if you want to keep the oil, I would be prepared.

Two more Sector sales, No Endorse, and you are free to proceed into the future.]

5.7 trillion by Dealthy Hallows Corp.

5.7 trillion by Dealthy Hallows Corp.

Deathly Hallows Corp. currently has the highest bid for Sector C2 with $5.7 trillion USD.

6 trillion

[OOC: Can you include who is bidding when you post. Like the name of the company or entity (perhaps nation) that wants to buy the rights. Thanks.]

The Hillian Department of Federal Resources would like to place a bid at 6 trillion.

[OOC: This department is a cross between administration and commerce if you ca[re to look at my Budget report.

Better?]

The Hillian Department of Federal Resources would like to place a bid at 6 trillion.

[OOC: This department is a cross between administration and commerce if you ca[re to look at my Budget report.

Better?]

[OOC: Yes, thank you.]

raised to 6.1 trillion...

Maldorians, We'll make a deal with you. If you drop out and the Hills win C2, we will aid you in the purchase of C3, up to One Trillion USD.

raised to 6.1 trillion...

With bidding closing in two hours, Maldorian Oil Inc. has the lead bid.

Maldorians, We'll make a deal with you. If you drop out and the Hills win C2, we will aid you in the purchase of C3, up to One Trillion USD.

We would like that very much.Maldorian Oil Inc hereby officially drops out of the C2 bidding. We wish the The Hillian Department of Federal Resources good luck in acquiring the oil in C2...

OOC: I don't care what I get, I just want oil...xD

Notice
While Maldorian Oil Inc. has agreed to drop out of bidding, as they currently have the high bid, The Hillian Department of Federal Resources will still have to bid higher at a minimum of $6.2 trillion USD.

In addition, if you increase the bid beyond that minimum, we will strongly consider closing the bidding for Sector C2 early, and open bidding for the final Sector C3.

The Hillian Department of Federal Resources would like to place a bid at 6.75 trillion USD.

The Hillian Department of Federal Resources would like to place a bid at 6.75 trillion USD.

Congratulations, you have the won the oil rights to Sector C2 for $6.75 trillion USD. Unless otherwise stated, we assume that the payment will be made in monetary sums within five years.

Sector C2 is yours.

Signed,
Michael C. Foxx
Michael C. Foxx
Chief Executive Officer, Millennium Oil

Bidding is open on the final sector for sale, Sector C3! No more oil rights will be sold after this sector! Get it now while its still available!

That is correct. However the first payment will be 2.75 Trillion everyone after that will be 1 Trillion. Is that acceptable?

Also, in this day and age we must be careful about how safe our resources are. Would I be allowed to station small protection forces on the rigss and small portion of the island in our sector? I'm not talking huge forces. Just a few platoons and some RIBs.

Bidding is open on the final sector for sale, Sector C3! No more oil rights will be sold after this sector! Get it now while its still available!

We will start the bid at 3.2 trillion...

OOC: Or is the start at 3 trillion and do i have the 3 trillion bid?

Federal Standard Oil and Gas bids 3.5 trillion for Sector C3.

That is correct. However the first payment will be 2.75 Trillion everyone after that will be 1 Trillion. Is that acceptable?

Also, in this day and age we must be careful about how safe our resources are. Would I be allowed to station small protection forces on the rigss and small portion of the island in our sector? I'm not talking huge forces. Just a few platoons and some RIBs.

Yes, that payment plan is acceptable. All we care about is that money is paid in full by the end of the fifth fiscal year.

In fact, you are allowed to station as many troops and naval vessels as you like in your Sector's waters. Protecting one's oil rights is extremely necessary in these dark times, and we do not fear that someone who has just paid trillions of dollars to acquire the rights would use those military forces maliciously (especially if everyone brings military forces into their sectors). The only rule is that those forces can not be stationed on the island.

We will start the bid at 3.2 trillion...

OOC: Or is the start at 3 trillion and do i have the 3 trillion bid?

Maldorian Oil Inc. led the race for the final oil rights Sector...

[OOC: Who would refuse more money? You can bid whatever you like over 3 trillion as long as you can afford it.]

Federal Standard Oil and Gas bids 3.5 trillion for Sector C3.

Federal Standard Oil of Brydog has taken the lead with a bid of $3.5 trillion USD.

Maldorian Oil Inc raises it to $4 trillion USD...

Federal Standard Oil & Gas raised it to 5 trillion.

I take it we are allowed to search our sector for any oil you may have missed, correct?

Federal Standard Oil & Gas raised it to 5 trillion.

5.3 trillion

5.5 trillion

Dealthy Hallows Corporation, being foiled once again, bids the currently highest bid of 5.6 trillion USD.

Dealthy Hallows Corporation, being foiled once again, bids the currently highest bid of 5.6 trillion USD.

5.8 trillion

Currently Highest Bid: 5.9 trillion by the Dealthy Hallows Corp.

10 trillion and ninety-nine cents. Also, we will be willing to split the oil with VDB if they add onto our bid.

I take it we are allowed to search our sector for any oil you may have missed, correct?
[OOC: You could, but there is none.]

10 trillion and ninety-nine cents. Also, we will be willing to split the oil with VDB if they add onto our bid.
We wish to inquire exactly who placed the high bid from Vontanas? A corporation, an individual person, the goverment?

12 trillion

12 trillion

Federal Standard Oil leads the bidding for the final sector.

Dealthy Hallows Corp. is making the current highest bid for the sector of C3 of 12.1 trillion, and is considering the offer from the mysterious organization/person from Vontanas.

Dealthy Hallows Corp. is making the current highest bid for the sector of C3 of 12.1 trillion, and is considering the offer from the mysterious organization/person from Vontanas.

Deathly Hallows Corp. currently has the highest bid for the final sector. However, if their is competitive bidding going on as the scheduled time to end comes, we will consider extending it some amount of hours.

Federal Standard Oil & Gas bids 13 trillion

Federal Standard Oil & Gas bids 14 trillion

Dealthy Hallows Corporation now has the highest bid of 13.13 trillion dollars for the sector of oil named C3.

Federal Standard Oil and Gas bids 14 trillion

Federal Standard Oil and Gas bids 15 trillion

Federal Standard Oil & Gas bids 15 trillion.

14.14 trillion.

15.01 trillion dollars-bid by Dealthy Hallows Corporation. DHC is looking forward to creating an Oil Department, :)

15.01 trillion dollars-bid by Dealthy Hallows Corporation. DHC is looking forward to creating an Oil Department, :)

The minimum bid increased is one hundred billion dollars. As such, you're bid will be accepted as $15.1 trillion.

As previously stated, as bidding has continued as the end approached, we will extend the bidding to 10P.M. EST.

What? I'm leaving at 6EST, to go on vacation, with no wi-fi or whatever! That's kinda unfair.

What? I'm leaving at 6EST, to go on vacation, with no wi-fi or whatever! That's kinda unfair.

[OOC: Well I didn't know that, and I kind of stated this three hours ago, so there was plenty of time for aguing then. However, I now have to go for the next several hours. Sorry.]

Two hours remain in the final bidding!

What? I'm leaving at 6EST, to go on vacation, with no wi-fi or whatever! That's kinda unfair.

OOC: Seriously, who's fault is that? NationStates waits for no one!

IC: Maldorian Oil Inc. laughs at Dealthy Hallows Corporation. They will lose more money than they will gain...

OOC: Seriously, who's fault is that? NationStates waits for no one!

IC: Maldorian Oil Inc. laughs at Dealthy Hallows Corporation. They will lose more money than they will gain...

[OOC: How so? If they win the bidding then they get the oil, if they lose the bidding then they pay nothing.]

17 trillion

OOC: I made my bid as you closed it. Damnit

17 trillion

Congratulations, you have the won the oil rights to the final Sector, C3 for $17 trillion USD. Unless otherwise stated, we assume that the payment will be made in monetary sums within five years.

Sector C3 is yours. Take care.

Signed,
Michael C. Foxx
Michael C. Foxx
Chief Executive Officer, Millennium Oil

OOC: hmm

The bidding is now closed. No more sectors are available. Please do not request buying Sector B2 - it will remain with Millennium Oil.

Why are my posts before the last post.

?

OOC: what you mean?

OOC: I made my bid as you closed it. Damnit

[OOC: Lucky for you, I can disobey my own rules.]

OOC: What you mean?

OOC: lol

OOC: what you mean?

[OOC: Take a look and see.]

OOC: What you mean?

OOC: Look at his post again.

The bidding is now closed. No more sectors are available. Please do not request buying Sector C2 - it will remain with Millennium Oil.

OOC: You mean B2 right? I thought I had C2...

OOC: You mean B2 right? I thought I had C2...

[OOC: Yeah, that's what I meant *fixed* All right, this is pretty much done, so I guess it's closed now... unless No endorse wants to actually go through with his attack (which I guess he should start a new thread for anyway).]