The company Hydrocarbon 8 (UK) Ltd (HC8), is pleased to announce today the advanced negotiation and high probability to reach definitive agreement with sizable operator of producing and near producing assets in one of GCC countries.
The comprehensive announcement is coming in near future (upon signing of legally binding agreement).
Topic: [ANN][STO]!STARTED! HYDROCARBON 8 - Oil project based dividend security tokens (Read 1177 times)
September 28, 2018, 08:15:01 AM
August 27, 2018, 05:15:24 AM
Hydrocarbon 8 (UK) LTD, an international oil&gas project management company, is pleased to announce significant development of one of the company assets (gas field). The company reached the agreement with the biggest Chinese producer of Antminers Bitmain and its authorized distributor to develop a sort of cloud mining facility at one of the company gas field.
In order to unlock company reserve value we will immediately commence building up gas power station ( up to 200 MWT ) for BTC mining facility.
Key advantages for investors:
In order to unlock company reserve value we will immediately commence building up gas power station ( up to 200 MWT ) for BTC mining facility.
Key advantages for investors:
- low cost of electricity (less than 1 cent per kWh) due to low cost of high quality natural gas which together with mining facility generates average annual IRR of more than 210 %;
- favorable conditions for operation of mining facility – average annual temperature -0.8C;
- ability to build up facility by stages without interruption of daily mining process;
- total Hash rate to be achieved – 1.8 EH/s;
- 70% of annual profit will be distributed to token holders.
August 14, 2018, 06:47:32 AM
The Hydrocarbon 8 platform is able to create a new generation of integrated oil and gas company for project management, it is an excellent solution that will develop real oil and gas assets!
yes, the project promises to be interesting
I look forward to the latest news of this project, I am sure that everything will run smoothly with hard work will pay off, I believe you can do that.
the team has been preparing for this project for quite a long time
You are right, I really hope that the team's efforts and the team's hard work will pay off well, I will support this project hopefully this can be a big success project and will benefit many parties.
August 11, 2018, 03:39:17 AM
I see that this is a very good project and is handled by an active team. The team can promote this project well so that many people know projects like this, successful friends.
August 11, 2018, 03:27:56 AM
What percentage of the development of this project? is it halfway? many are interested in this, hopefully this will make the team more enthusiastic to complete this project by achieving success.
In order to answer I have to specify main milestones of the development of the oilfields
- exploration and appraisal ( incl. confirmation of reserves ) I.e.green field
- pilot production I.e. Green to brown
- full scale development I.e. Brown field
Within the overall of our acquisitions
- one field - high profile exploration (might be major project in the future )
- one field on the appraisal stage I.e. Reserves confirmed
- four fields on the pilot production stages
Thee biggest issue with the oilfields development is confirmation of reserve ,ounce you have it it's easy to obtain financing partner to develop the fields
August 10, 2018, 11:44:27 PM
What percentage of the development of this project? is it halfway? many are interested in this, hopefully this will make the team more enthusiastic to complete this project by achieving success.
August 10, 2018, 07:34:26 AM
How much time passes from the moment of the beginning of mine to the intermediate results?
And has it ever happened that during the mine process the resource stocks were not confirmed?
And has it ever happened that during the mine process the resource stocks were not confirmed?
if i understood your questions correctly
- most of our acquisition targets are in production in order to increase production we have to invest
- in some cases our targets oilfields are in development stage (I.e.reserves confirmed but no production yet )
For those fields we plan to invest to bring then into production
- to develop fields to full scale production usually takes one -two years but you can recover your costs and get positive cash flow from the beginning of production ,it's stipulated in the ProduCtion Sharing Agreement
- production can be only started on the oilfields with confirmed and audited reserves
August 10, 2018, 03:59:06 AM
How much time passes from the moment of the beginning of mine to the intermediate results?
And has it ever happened that during the mine process the resource stocks were not confirmed?
And has it ever happened that during the mine process the resource stocks were not confirmed?
August 10, 2018, 01:23:36 AM
I must admit that this is quite an interesting idea. But do you have a permit for oil production in Russia or in another territory?
We operate in MENA (Middle East North Africa )countries ,Russia is optional.
August 10, 2018, 12:46:30 AM
How much oil and gas are you planning to mine? And by the way, what is the quality of it?
The size of reserves is 227 mln Boe ( 60% oil,40% gas),plus 500 mln Boe potential recoverable resources on P50 case (probability more than 50 %)
Quality Oman - 39API (light premium crude),Egypt -36 API (light crude ),Algeria -32API
The company reserve sufficient enough for 15 year of annual production of 9-10 mln Boe and appr 350-400 mln USD free cash flow annually .
August 09, 2018, 10:27:38 AM
An excellent and promising project! I haven't seen a project like this one yet. So good luck, guys. I'll follow your progress 
Thanks!
August 09, 2018, 07:47:21 AM
I also have to admit that this is an interesting project, very smart in investing money, hopefully all team efforts will be paid, I will wait for the good news from you.
August 09, 2018, 07:44:47 AM
Hello everybody! I saw that tokensale started yesterday. So how is the progress going on?
August 09, 2018, 07:40:14 AM
I must admit that this is quite an interesting idea. But do you have a permit for oil production in Russia or in another territory?
August 09, 2018, 07:33:14 AM
As for me, this is a very profitable investment of money. I hope it will pay off in time and bear fruit
I agree with it. Have you already bought HC8 or are you just going to? August 09, 2018, 07:24:23 AM
As for me, this is a very profitable investment of money. I hope it will pay off in time and bear fruit
I agree with it. Have you already bought HC8 or are you just going to? August 09, 2018, 07:15:10 AM
As for me, this is a very profitable investment of money. I hope it will pay off in time and bear fruit
August 09, 2018, 07:06:31 AM
hi, it looks tempting above, it is very unique, by being introduced by a reliable team, hopefully this project will run smoothly and reach the target easily, perfectly.
August 09, 2018, 07:00:20 AM
How much oil and gas are you planning to mine? And by the way, what is the quality of it?
August 09, 2018, 06:48:34 AM
An excellent and promising project! I haven't seen a project like this one yet. So good luck, guys. I'll follow your progress
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