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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

Post by hockeylad33on Jul 03, 2012 4:08pm
320 Views
Post# 20078783

2-3 Week Drill Time on LM-3?

2-3 Week Drill Time on LM-3?

2-3 weeks is a very short drill time.  If they can pull that off, and if the wells are successful, they could actually be producing a reasonable number of BOPD by Q4.  If they hit at UNE and Gacheta, they double reserves in the pool.  Off the top of my head, it would work out to approx 15MM bbls gross.  A nice little development.

Hopefully the drilling will go well, and further spudding will add some speculative fervor, along with some better oil prices.  Could potentially shape up nicely.

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