Fwd: Richard Ieyoub Joint Venture in Louisiana

From: Bob Fenet <bob@fenetlaw.com>
Date: October 20, 2017 at 11:52:53 AM CDT
To: "James B. Biden (jbiden@lionhallgp.com)" <jbiden@lionhallgp.com>
Cc: "Britt Singletary (STBLX1229@cableone.net)" <STBLX1229@cableone.net>
Subject: Richard Ieyoub Joint Venture in Louisiana

Dear Jim:

 

I write to make a proposal that we provide for your Hudson West Group the following:

 

The Ashton Fenet and Sons Construction Company, Inc. will, in a joint venture with a Louisiana company, provide a 25 year natural gas-LNG supply to your group.   

 

We can begin supplying LNG in 2018 at the rate of three, four, five, or six million metric tons of LNG on a five year basis.   From year five until year twenty-five, we will have the capacity to supply 13 million metric tons per annum of LNG to the Port in China.  (To Be Decided)

 

If your client will purchase a twenty-five year stream of LNG, I can build the plant for $12 billion dollars.

 

Pricing will be determined by negotiation.

 

As you will own 50 percent of the LNG plant, you will be in a position to obtain LNG in China in the quickest, easiest,  and cheapest manner.   

 

There are vast doors of natural gas in the United States, particularly Texas and Louisiana.    The Technology Center of the World of natural gas is located in the Lake Charles, Lafayette and South Louisiana areas, along with East Texas.

 

The first big strike in Texas was Spindletop Gusher Well, which set off the oil stampede in Texas.   

 

It was located in the Beaumont/Port Arthur area of East Texas.   The first big blowout Gusher Well that blew out in Louisiana was the Jennings -Heydrich No. 1, which blew out at 4,000 barrels a day on a one-inch open choke. 

 

There is $117 billion dollars of construction activity underway on what I call “Silicon Bayou”, which is a name I have coined for that stretch of the Calcasieu River Ship Channel between the $16 billion dollar SASOL (Natural Gas- to Diesel) Plant to the $24.6 billion dollars of construction, located within a 140 yards of the Port Cameron property line.

 

Please let me know how you would like to advance the matter further.

By copy of this letter, I am forwarding same to Britt Singletary.  Hunter did not have a card, so I would be grateful if you would forward this along to him and send me his contact details.

 

With best regards, I am

 

Sincerely,

 

 

Robert W. Fenet

Fenet Law Firm, LLC

6513 Perkins Road, Suite 101

Baton Rouge, LA 70808

(225) 926-5500 (Telephone)

(225) 931-8492 (Cell)

(225) 296-7417 (Fax)

Bob@fenetlaw.com