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.

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Cohen & Steers Tax-Adv Pref Secs and Inc Fund > Service Rigs

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Comment by dezzolton Dec 17, 2013 11:38am

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Post# 22013919

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Service Rigs

Lid is not completely wrong in all he's saying, e.g. when saying that you don't produce with full open choke. This is something you eventually try during well testing but not during long-term field production. It's just a matter of optimizing field production. Full choke production is normally not the standard, and Lid is right when he say that it is something that companies love to throw in their PR to boost shares and please shareholders. To really see if full open choke production is sustainable you would need to analyse the real well test data - but this is close to be a fairy tale with this PTA's primadonnas.
As per the relationship between reservoir pay (in itself a tough cooky) and pay off, well I'd be very curious to know the foundations of this. Would indeed be very useful to know, although I'm a bit skeptic. But why not, please Lid enlighten us all on this

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