Kanjor

[Drax]

CLAIRON PICARD
 
SSOG AND OCEAZUR BRING IN QOS FOR OIL DRILLING
 
Finance Ministry, October 26, 5582:  During the State Visit of Governor General Marie L’éclair and Foreign Minister Fleur Dubois to  of Empire Canrillais – Confederation rildanorienne to Atyr, officials of OceAzur and South Seleyan Oil and Gas (SSOG) were discussing their oil drilling joint venture in the Odufart Sea.
 
It was understood OceAzur would be securing leases for the drilling rights while SSOG would be providing most of the upfront starting costs.  In point of fact SSOG was obtaining the funds for the start up from the venture capitalist Industrial and Commercial Banking Group.  Loan closing instructions were handled by Blanchard, Gamelin and Billotte.
 
Lourennais and Seleyan oil drilling talent would be hired but it has agreed the Majatran firm of Qat Oil Services with successful experience in Badara and Deltaria locating oil deposits, setting up oil rigs and safely extracting crude oil for transport to refineries should be retained to coordinate the operation.  SSOG is operating a refinery in Numineux Province.
 
Finance Minister Fabrice Courbet told Clairon Picard that while the project is expected to be quite profitable, it was most likely going to be supplying petroleum products to Kanjor and Rildanor rather than be in the export business and would be able to be a reserve in the event of petroleum product supply chain disruption because of political or military misadventures.