IPM incremental petroleum limited

3.8mmscfd from 1 of 3 zones, page-12

  1. 13,964 Posts.
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    Dargie,

    The company has said quite a bit about taxes and royalties over the years.

    There's a royalty, a company tax and the decree 20 tax (the one they only pay if they don't spend it on exploration). There's also a withholding tax on funds repatriated.

    The annual accounts gives a pretty good picture of how it all pans out in reality - about as good as I've seen in any regime, eg comparable with onshore Australia.

    EL
 
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Currently unlisted public company.

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