The Mo Club is a society for every one who care about the Mo project!
Mo (My Oilfield, hereafter referred to as Mo) stands at the intersection of traditional energy and the digital future. Through innovative blockchain technology, Mo is committed to achieving universal oil investment, creating unprecedented wealth opportunities, and reshaping the global energy market landscape. Mo is not only undergoing the digital transformation of oil investment but is also redefining the entire paradigm of energy investment.
# Mission: Utilize Web 3.0 decentralized technology to achieve decentralization and transparency in oil investment.
# Vision: Enable every household to own their digital oil field, making everyone a tycoon!
Overview of Mo
Mo redefines oil investment through a groundbreaking perspective, adopting an innovative asset digitization model. It transforms the DOA oil field block in Chad, a resource rich in wealth, into a "My Oilfield" accessible to everyone through digital oil wells. Specific advantages include:
**Cooperative Contracts: The first batch of DOA oil fields launched by Mo has signed a 25-year commercial extraction contract with the Chad government, with the possibility of extending to 43 years under appropriate conditions.
**Oil Well Development: Gradually complete the development of 350 oil wells within 3-5 years, covering an area of 2,035 square kilometers.
** Recoverable Reserves: According to data from multiple international evaluation companies, the recoverable reserves of the DOA oil field block are approximately 750 million to 2.5 billion barrels.
**Production Capacity and Revenue: The first oil well produces nearly 500 tons per day (approximately 3,650 barrels), with an annual output value of about $100 million (priced at $80 per barrel). The total estimated value of crude oil profit rights for 350 oil wells over the next 25 years is between $50 billion and $200 billion.
** Global Expansion: In addition to the DOA oil field in Chad, the Mo project team has engaged in in-depth discussions with project parties in multiple oil-producing countries such as Kazakhstan, Malaysia, and Canada. The plan is to cover multiple major oil-producing countries within the next five years, building a globally leading Web 3.0 digital crude oil rights investment platform.
(The above data is based on current stage data analysis and judgment of the oil field and is for reference only. No commitments or guarantees are made. The actual profits corresponding to the digital oil well profit rights tokens of the DOA oil field in Chad are subject to the actual oil production of the oil field.)