project based dividend security tokens

[HC8-IR]

I also have one question. Are you going to extract shale gas?

Not in this stage .
We mostly engage in exploration appraisal and development of conventional reserves which less costly (in both OPEX and CAPEX terms )and more profitable

[HC8-IR]

Why do you accept only ETH?  And what about the other currencies?

We can accept fiat for transaction with QIBs .
Please have a look at the QIB section .
You have to apply :inbox@hydrocarbon8.com

[vollmond]

Why do you accept only ETH?  And what about the other currencies?

The project chose the Ethereum blockchain platform as the basis. A smart contract works in this network and all solutions for investors in the future are planned to be built in the form of smart contracts in the ether network. Tokens projects are not transferred from the pool and are generated on the purse from which the broadcasts came, under these conditions it is possible to work as transparently as possible with Ether only.

[GoodForGood]

An excellent and promising project! I haven't seen a project like this one yet. So good luck, guys. I'll follow your progress

[_Spawn_]

How much oil and gas are you planning to mine? And by the way, what is the quality of it?

[hana gonzales]

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.

[Serg Strelnikov]

As for me, this is a very profitable investment of money. I hope it will pay off in time and bear fruit

[_Spawn_]

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?

[Serg Strelnikov]

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?

No, but I'm going to, I still have a couple of questions about it. So I want to learn the information in more detail in white paper and only then make a final decision

[sterikon]

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?

[Milla777]

Hello everybody! I saw that tokensale started yesterday. So how is the progress going on?

[iren squares]

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.

[vollmond]

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!

[HC8-IR]

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 .

[HC8-IR]

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.

[O-legB]

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?

[HC8-IR]

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?

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

[kemancok]

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.

[HC8-IR]

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

[lunar blazz]

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.