Chapter 250: Oil Changes Destiny_3
Old Karl was patiently waiting beside Allen Zhang. After more than ten minutes, they noticed the color of the mud spraying out from the pipe had changed.
The Beggar Gang Disciples were shocked, picking up a handful of soil to examine, "Good news! There is indeed black petroleum substance in the soil!"
"What!?" Old Karl was a bit dumbfounded, his expression changing rapidly, and he hurried over to take a look, grabbing a handful of soil, disbelieving, "We've only drilled less than 60 meters deep, and there's already oil?"
The corners of Allen Zhang's mouth turned up. He quickly regained his composure and instructed, "Keep drilling! We need to drill down to at least 160 meters deep."
"Roger that." The Beggar Gang Disciples continued the drilling operation, their gaze constantly on the lookout, also feeling a bit nervous.
After all, this was about whether the General Sect Leader could establish an oil empire!
If the General Sect Leader became wealthy, would he still treat them poorly?
Old Karl scratched his scalp, puzzled, and lit another cigarette, "It doesn't make sense, this land doesn't look like it has oil at all."
"If everyone thought like you, this land would never be developed. Treasure and truth are often in the hands of the few," Allen Zhang replied.
The drilling platform continued to operate incessantly, quickly reaching a depth of 150 meters.
The color of the soil visibly began to darken rapidly, with crude oil mixed with mud spraying out.
The Beggar Gang Disciples couldn't contain their excitement, shouting loudly, "Boss! It's crude oil! There really is crude oil! And there's so much of it even before we've reached 160 meters deep!"
"If there is really oil below, the amount will definitely not be less than Mr. Karl's reserves; at least two million barrels of oil content, with a total value of at least 100 million US dollars, and there won't be any depletion of resources within twenty years. If we sell directly to oil companies, we should be able to get a price of 70 to 80 million US dollars!"
An insightful Beggar Gang Disciple analyzed the amount of oil sprayed out from the pipe, and his previously calm complexion began to redden, suppressing his excitement, "And this land is definitely not just shallow oil deposits, there will definitely be other oil regions, at least one more!"
Old Karl doubted his life choices, looking at Allen Zhang, who remained composed, and couldn't help but express his envy, "You've really snagged a huge bargain by acquiring land with rich oil reserves for just 1.8 million!"
"Just average, just average," the General Sect Leader waved his hand modestly.
Soon, the drill reached the shallow oil region at 160 meters deep. Along with the buzzing sound, a massive amount of brown-black oil gushed from the pipe, spilling out, seemingly richer than the oil reserves on Old Karl's land.
The Beggar Gang Disciples were astonished, "I misjudged, the oil content of this land is at least 2.5 to 3 million barrels! The total value is at least 150 million US dollars and above!"
Is this the charm of oil?
Has he suddenly become a billionaire!?
Allen Zhang was also greatly astounded.
Without hesitation, he instructed the Beggar Gang Disciples to stop the extraction, as the oil being sprayed out was all money! A single spray could be worth dozens or hundreds of US dollars!
The Beggar Gang Disciples clumsily shut down the machinery.
Old Karl scratched his head, looking at Allen Zhang who was still planning to direct the Beggar Gang Disciples to move the drilling rig, he couldn't help but ask, "Are you planning to continue drilling for oil in other places?"
"Otherwise? When luck strikes, we have to strike while the iron is hot!" Allen Zhang answered without a second thought, instructing the Beggar Gang Disciples to pull out the drill bit, secure the oil pipe properly, and install railings nearby.
Directing the Beggar Gang Disciples to fill up with oil, they moved the drilling rig to the coordinates of 667.22, confirmed the position, and then started to drill aggressively downwards! They marked a distance of 500 meters deep.
Accompanied by the buzzing vibration, the dirt splattered, and the drill bit started extending downwards. About half an hour later, the pipe trembled and expelled a large amount of rubble.
The Beggar Gang Disciples hurriedly reported this not-so-optimistic situation to the General Sect Leader, "Boss, we might have hit shale rock and lots of underground minerals. If there are too many rocks, it can easily damage the drill bit. Should we continue drilling?"
"Aren't there also natural gas and oil in shale rocks?"
Allen Zhang and Old Karl went over to take a look, noticing that the rubble did not seem to contain oil and natural gas, and immediately ordered, "Continue drilling. The drill bits made of alloy steel that cost tens of thousands of US dollars each are meant for crushing rocks. Let's see if it's their rocks that are hard, or my drill bits!"