"If the exploitable reserves are confirmed, how much per ton would Mr. Mitchell be willing to offer?" Sean Knight pressed.
"2,500," Mr. Mitchell said, "After all, we need to make a profit too."
"Then forget it, I might as well extract it myself." Sean Knight didn't approve of that price. Now that the average crude oil price is 3,500, his oil field's product could certainly sell for four or five thousand.
Extracting it would mean immediate sales since the oil pipe is already in place, and at the port, you could directly load it onto a boat—why should I lose so much on it for nothing?
Of course, it would just mean spending more time.
"Mr. Knight, I think you should consider it. After all, if you sell the oil field, you can get the money right now.
If you keep the oil field, with the current reserves, you would have to extract for years, maybe even over a decade—and it won't keep self-spewing forever, further investments are necessary, and these investments won't be small either."
