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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 dezzolton Nov 14, 2013 11:49am
291 Views
Post# 21905954

RE:Good news, bad news

RE:Good news, bad newsIngy, as far as I can see La Guira can add a lot of ... water to the reserves. The test was short and nonetheless gave 50% water at the end of it. Of course no details were given as to tested interval etc. too much to ask isn't it? Thus my conclusions; the well was drilled at the crest of the structure (according to the current map in the company presentation) and close to the water contact, judging from the production. But PTA's saying that they want to drill upstructure - there's no room left, according to the map I refer to, I'd be pleased if they can though, or maybe there's another, and better map? 
LC2 is another story (I hope) there shouldn't be any surprise - but we need the test to firm it down. Crossed fingers
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