Here's a little chart my broker sent me the other day for a comparison
of the relative leverage of some of the players involved.
Interest Impact per
Greater Share on Asset
San values per # of
Ineterest Joacquin Shares trillion cubic Total Shares 1 Trillio 2 Trillion 3 Trillion
East Basin Current Fully feet gas per Increase per Cubic Feet Cubic Feet Cubic Feet
Lost Joint Share Diluted property per $1,000 Each Each Each
Hills Venture Price June 30/99 ELH + GSBJV Share invested Property Property Property
Company
Trimark (TMK.V) 1.00% 4.00% $1.15 13,800,000 $0.55 + $2.20 $2.75 943 $2,593 $5,186 $7,779
Kookaburra Res. (KOB.T) 4.40% Nil $1.50 22,500,000 $1.49 + Nil $1.49 714 $1,064 $2,128 $3,192
Berkley Petroleum (BKP.T 24.25% 42.00% $13.30 85,900,000 $2.19 + $4.15 $6.34 127 $805 $1,610 $2,415 |
