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Cohen & Steers Tax-Adv Pref Secs and Inc Fund V.PTA


Primary Symbol: PTA

The Funds primary investment objective is high current income. The Funds secondary investment objective is capital appreciation The Fund seeks to achieve its investment objectives by investing at least 80% of its managed assets (i.e., net assets plus assets obtained through leverage) in a portfolio of preferred and other income securities issued by U.S. and non-U.S. companies, which may be either exchange-traded or available over-the-counter. In pursuing its investment objectives, the Fund seeks to achieve favorable after-tax returns for its shareholders by seeking to minimize the U.S. federal income tax consequences on income generated by the Fund. There can be no assurance that the Fund will achieve its investment objectives.


NYSE:PTA - Post by User

Comment by CONSTRUCTIVE_SUBVERSIONon Jun 17, 2013 1:50pm
195 Views
Post# 21533335

Ingi add in the gas at 10 to 1 as well.

Ingi add in the gas at 10 to 1 as well.

LC 1, 1700 boes/d, mid 30s API, and about 6 Million a day (10 to 1 gives, 600 boes gas).

Yes, its possible to expect a similar type of number from LC 2, as well we have Rumi that

will spud after completion of LC 2. That production from LC likely comes on end of third quarter?

and gas used for field operations, not sure if they will compress and sell into open market, likely

depends on future drill results. In any case, we get more attractive to other investors in the market 

by the day, as the cash is piling up.. I personally dont favor acquiring another company at these prices,

though if we get leases through bit or very cheap from seller, that could be ok.

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