International Petroleum Ord Shs T.IPCO

Alternate Symbol(s): IPCFF

Energy Oil & Gas E&P

International Petroleum Corp. is a Canada-based international oil and gas exploration and production company. It has a portfolio of assets located in Canada, Malaysia and France. Its oil and gas assets in Canada are located in Alberta and Saskatchewan. The Suffield area oil and gas assets and the Ferguson oil asset are high quality conventional assets located in southern Alberta. Its principal assets in northern Alberta and Saskatchewan are the Blackrod and Onion Lake projects, which are heavy crude oil assets applying conventional and steam assisted development methods. Its oil and gas assets in France are comprised of operated assets in the Paris Basin and non-operated assets in the Aquitaine Basin. It holds a 100% working interest and operatorship in the Bertam field producing light high-quality oil. The Bertam field is located 170 kilometers offshore to the east of Peninsular Malaysia in Block PM307. It consists of an unmanned wellhead platform and 14 active horizontal wells.

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International Petroleum Ord Shs > The Dutch Tender Auction has tax ramifications

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Comment by pennydredfulon May 20, 2022 10:49am

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Post# 34698271

RE:RE:The Dutch Tender Auction has tax ramifications

By allocating as much as possible to being a deemed dividend Lundin.s likely see this as a way to reduce their own tax burden down the road. If you plan to accept the offer it might be an idea to mannouver your shares into a TFSA , RRSP or RIFF account if possible as the receipt of the deemed dividend in those accounts will have no immediate tax consequences.

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