Continental's impressive growth itself isn't in dispute. According to Button's report, the Oklahoma-based driller was valued at between $10 million and $50 million when the couple wed in 1988. It is now worth around $27 billion.
Sue Ann Hamm's legal team contends that this growth resulted largely from the active leadership and astute decision-making of Harold. He is widely credited as a pioneer in developing the Bakken Shale formation of North Dakota, America's largest oil discovery in decades.
Harold's attorneys will try to show that Continental's growth resulted mostly from factors beyond his control. They signaled this strategy in their cross-examination of Button, pressing the economist to consider that external forces, such as higher oil prices and new drilling technologies, were decisive factors in Continental’s success.
Button is trying to undercut Harold's position by comparing Continental's spectacular growth with that of rivals. The margin by which Continental's financial returns outpaced those of similar oil and gas companies should be considered Continental's 'active' appreciation, the Button report says.
It compares Continental's financial returns to those of 76 other publicly traded US independent drillers.
Continental and these 'peer companies,' the report says, faced similar risks, opportunities and market conditions - such as fluctuating oil prices, choices among technologies and drilling locations, and methods to raise and deploy capital.
【美国石油大王婚变,巨额财产如何分割?】相关文章:
最新
2020-09-15
2020-09-15
2020-09-15
2020-09-15
2020-09-15
2020-09-15