Project 1: Acquisition
About Project 1 Acquisition
Phase One is the acquisition of Project 1 and their (11) Oil well-sites.
Key goals will be to start the setup process to converge their smaller well-sites onto a single rally point. Here storage tanks will be staged to supply power to the Blockchain technologies. However, it may be more efficient to conjoin Project 1 wells with Project 2 and/or Project 4 well-sites.
Phase Two:
Installation of Carbon CO2/Methane CH4 capture equipment to begin the capture process, at Well-site (1); each site will require the installation of Capture equipment. Some sites will require a pooling as some others will possess more than enough emissions on their own.
- Project (1) will require a conjoined site; the wells are mid-level producers with minimal gas on the wellhead. This reduces the available gas volume that would be required on its own to power (MRUs) in a single location. To maximize profits and a stronger ROI key is to conjoin the their (11) wellsite’s or a bulk thereof. Goal with this acquisition will be to add positive volume to Cryptic Petroleum’s Oil production while minimizing the addition to the Blockchain process.
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