NationStates Jolt Archive

ASoil, quickly heading towards being the largest oil company in the ASoGM, has begun another step towards that goal. They have begun the process of setting up oil rigs for offshore drilling in the northern territorial waters of the ASoGM. They have located potential wells of oil by using magnetometers and seismic survey data, but will not know if the traps contain any oil until a drill bit penetrates the structures.

While this oil endeavor is meant to increase the bottom line of the company by increasing its amount of sellable oil, this is in no way an abandoning of ASoil's Algae Oil project. "Algae Oil is the future", CEO Michael Thames said, "But we must also take care of the present".

ASoil reported today that they have struck oil during one of their offshore test drillings. While the deposit doesn't appear to be as large as the company hoped, ASoil experts speculate that the company should be able to pull approximately 100,000 barrels of oil per day.

As a result of this news, ASoil stock prices reached a new high, closing a full 5 points higher than yesterday.

Following several more test drillings without discovering more oil, ASoil struck a much larger deposit, when the drilling rigs were relocated approximately 200 miles west from the original offshore find, but still in ASoGM waters. From what experts can tell, the deposit actually stretches a significant distance underneath the artificial continent that the ASoGM is built on, with the drill rig at the northern edge of the find. The estimated capacity of this well is somewhere between 1 million to 3 million barrels of oil per day.

With this news, ASoil stocks continued their recent upward trend, and ASoil is now the largest oil company in the ASoGM.

The People's Republic of Falkasia would be interested in acquiring all your current and future barrels of oil from you, at whatever price you deem appropriate. Please, tell us what you think.

The People's Republic of Falkasia would be interested in acquiring all your current and future barrels of oil from you, at whatever price you deem appropriate. Please, tell us what you think.

ASoil will need to know how financially secure you are, as an offer such as that will put ASoil at financial risk if you cannot hold up your end of the agreement. Also, ASoil has more than just fossil fuel crude. We recently began producing oil from Algae, and our production rate is 500,000,000 barrels of Algae Oil per year. This green crude is equivalent to light sweet fossil fuel crude, in terms of processing. Price per barrel is currently set by the stockholders at $50/barrel for either fossil fuel crude or green crude.

We are financially secure, and would like to place a contract on 25 million of those barrels of green crude. The price for all 25 million will be the market rate of 50 USD per barrel, totalling 1,250,000,000 USD. Is this arrangeable?

We are financially secure, and would like to place a contract on 25 million of those barrels of green crude. The price for all 25 million will be the market rate of 50 USD per barrel, totalling 1,250,000,000 USD. Is this arrangeable?

While we would love to fulfill this order, according to our accountants, you don't currently have the money necessary to pay the bill.

OOC: Please check here for what you can afford: http://nstracker.jfsoftware.com/index.php?nation=Falkasia

OOC: Oops, didn't see the decimal point. I though I have trillions budgeted under my admin section. Oh well. Thanks for pointing that out. I'll come back in the future with more money!

OOC: Oops, didn't see the decimal point. I though I have trillions budgeted under my admin section. Oh well. Thanks for pointing that out. I'll come back in the future with more money!

OOC: Hey, a lot of people have made that mistake when they started out (I know I did). One thing that might help you gain more money is to sell something to other nations (small arms, vehicles, etc). That will get you money, although it won't show on NS Tracker.

OOC: Ok, thanks for the tip. Would you be interested in helping me with designing some weapons and the basics?

The Imperial Republic of Greston wishes to purchase 25 million barrels of crude oil from the ASoil company for a recommended price.

The Imperial Republic of Greston wishes to purchase 25 million barrels of crude oil from the ASoil company for a recommended price.

Are you interested in the fossil fuel crude or green crude? Either way, the price comes to $1,250,000,000 USD. Once we receive the wire transfer, we will ship the crude oil.

I am the ruler of Porkscratching and I am here to announce that I am interested in buying some 15m - 20m barrels of green oil from your corporation

OOC: Ok, thanks for the tip. Would you be interested in helping me with designing some weapons and the basics?

OOC: TG me, and maybe we can work something out.

I am the ruler of Porkscratching and I am here to announce that I am interested in buying some 15m - 20m barrels of green oil from your corporation

You will need to specify the exact amount you will be purchasing, so we can properly bill your nation.

I wish to purchase 18m barrels of oil

I wish to purchase 18m barrels of oil

The price for that amount of oil will be $900,000,000 USD. We will ship the oil once we have confirmation of your payment.