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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 Crotchon Nov 16, 2012 10:47am
194 Views
Post# 20609586

RE: RE: RE: Re-evaluate Los Ocarros

RE: RE: RE: Re-evaluate Los Ocarros

My understanding is that you can't accurately determine what the flow rate is if you gave gas mixining with the oil in the pipe. It complicates things - it needs to be controlled, and the choke (I believe) helps. As hockeylad said, if they can isolate the source of the gas (assuming it's in a seperate formation) then things should go well. Otherwise, they need to deal with it. They can "produce" it, they can vent or burn it, or they can recycle it back into the reservoirs to create artificial pressure forcing more oil to the surface. I'm no expert on oil wells either, so take what I've said with a grain of salt.

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