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Sintana Energy Inc V.SEI

Alternate Symbol(s):  SEUSF

Sintana Energy Inc. is a crude oil and natural gas (hydrocarbons) exploration and development company. The Company is engaged in petroleum and natural gas exploration and development activities on five highly prospective, onshore and offshore petroleum exploration licenses in Namibia, and in Colombia’s Magdalena Basin. The Company holds an indirect interest in the petroleum exploration license (PEL) 79 (Blocks 2815/2915) which is located in the northern Orange sub-basin off the south-west coast of Namibia. It also holds a portfolio of offshore petroleum exploration licenses (each a PEL), including a 15% limited carried interest in PEL 87; 10% limited carried interests in each of PELs 82 and 83, and a 10% limited carried interest in PEL 90. The Company also holds private participation interests of 25% unconventional (carried) and 100% conventional in the potential hydrocarbon resources of the 43,158 acres Valle Medio Magdalena 37 (VMM-37) Block in Colombia.


TSXV:SEI - Post by User

Comment by MrMoMnyMgr1995on Jun 13, 2024 7:23am
163 Views
Post# 36086519

RE:RE:RE:MrMoMnyMgr1995

RE:RE:RE:MrMoMnyMgr1995

Wingafy wrote: Just to clarify...Half of the gain is taxable not the entire gain.  GLTA

After June 25

Individual holdings will be taxed at your MTR on 50% of the gain up to $250k of gains per individual per year. Above that the tax will be on 2/3rds of the gain. 

Business holdings will be taxed on 2/3rds of gains at the highest MTR on first dollar of gain

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