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 > Current Flow Rates / PTA

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Comment by hockeylad33on Mar 03, 2013 2:54pm

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Post# 21070165

RE: RE: Re: Re: Current Flow Rates / PTA

Really guys?

The facility will be able to handle up to 15,000 bopd initially. This does NOT mean it will produce 15,000 bopd. The facility will be operational at the end of Q2. There will not be any development drilling until Q3, and only one appraisal well, which if successful may add another 2,000 bopd gross.

Translation: they will NOT be producing 15,000 bopd from Las Maraccas until end of Q3 or early Q4 at the earliest, and then only if the development drilling goes well.

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