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 > 100% WI La Guira-2 and other catalysts.

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Post by BlueBullzeron Jan 09, 2014 6:59pm

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Post# 22076175

100% WI La Guira-2 and other catalysts.

So Rumi-1 is technically still being tested. They're installing an ESP to maybe get stabilized better flow rates on it. I guess the news was delayed due to waits on workover rigs or something, but also maybe because of this La Guira-2 announcement? Is Parex handing us the La Guira field on top of the Crypto prospect? If so, then why? What kind of risk are we assuming? Cost? Also, it looks like we're producing far more gas than the compression facility can handle. I wonder how long it will take to upgrade the compression facility to accommodate for LC-1/LC-2, and soon Curiara-1 as I think I remember it having gas as well. If managed properly, our gas production may vastly increase our BOEPD. Things are looking good.

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