| | globeandmail.com : globeinvestor.com : /R E P E A T/ - Storm Energy Ltd. - Results for Three and Nine Months Ended ... |
 | | SVI will proceed cautiously, but there is clearly an increasing opportunity for smaller exploration and production companies to participate successfully in the exploitation of reservoirs outside of the Western Canadian Sedimentary Basin which do not meet the size criteria of major producers. |
 | | Excluding cash owned by SVI, consolidated debt levels at the end of the third quarter totaled $65.7 million, approximately 1.9 times our trailing 12 month cash flow and down $1.8 million since the end of the previous quarter. |
 | | Concurrently with the Company's purchase of a 50% interest, SVI raised an additional $2,200,000 under a private placement memorandum, with participants under the private placement committed to providing an additional $4,400,000 on or prior to June 30, 2004. |
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