Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 BlueBullzeron Dec 11, 2013 10:23am
326 Views
Post# 21994013

RE:RE:RE:PTA NR

RE:RE:RE:PTA NRWhen you think about it. The more oil they let through, then the more gas they'll be letting through as well. This is incredibly promising. If we are getting gas flows almost equivalent in worth to oil flows from Casona-1 then the potential for the wells worth is amazing. Current flow 350 bopd + (250 bopd worth of gas *assuming Crotch's calculations are correct*). Now ramp that up to the original stabilized flows rates of 1700 bopd and you get 1200 bopd worth of gas too. Although obviously that is just an estimate because with a more open choke the gas may flow differently or max out. We also can't forget that this well maxed out at 3500 bopd during original testing, and during long term production testing they may find a way to increase flow rates beyond the initial stabilized rates. LC-2 we will see. Rumi-1, I say pay is better than a dry hole on an exploration well. Overall good news.
<< Previous
Bullboard Posts
Next >>