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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 Ingiboyon Jun 17, 2013 1:39pm
141 Views
Post# 21533275

La Casona-1 & La Casona-2

La Casona-1 & La Casona-2

We know that La Casona-1 was successful (1,700 BOPD, 680 net to PTA). I think we can assume we will have similar or better results from La Casona-2. PTA has annouced they will bring the first well to production in Q3 once a production facility is completed.  This additional production is what is needed to get the SP out of the "doldrums".  Other Colombian energy companies are beginning to move but PTA is being ignored.  

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