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Bullboard - Stock Discussion Forum 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 ... see more

TSXV:SEI - Post Discussion

Sintana Energy Inc > Big question is wow will we sell Pel 83 whole or part
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Post by farml1234 on May 23, 2024 8:47am

Big question is wow will we sell Pel 83 whole or part

How we sell it will have big taxes on the sale . I say sping off Pel 83 into a seperate company so us long term holders can get capital  gains .
Paying special dividend or regular dividend is a big NO NO 

jmho
Comment by lamboperthv10 on May 23, 2024 12:39pm
Ideally, to minimise tax on sale of our sintana shares, the major would take over sintana to get 49% of Custos first and then buy the remaining custos shares from the other holders. I am confident that Mr Bose and colleagues are well versed in the best way to minimise the tax effect on sale of their  and all Sintana shares.
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