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... s Oil Group and BP, Martin casually tore a note from the pad on his desk. He wrote down a number—$970 million—then scratched it out and replaced it with $1 billion.

For an oilfield as rich as Sertan's, $1 billion was a reasonable price. But paying that kind of money upfront, without having seen a single drop of oil, was a gamble even for giants like Texas Oil and BP.

Still, Martin didn't hesitate to finalize his bid.

He wouldn't submit it ...

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