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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

Cohen & Steers Tax-Adv Pref Secs and Inc Fund > 7500 boes/ day, opinions on if that is doable?
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Comment by Whitehellon Aug 02, 2013 12:33pm
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Post# 21646711

RE:7500 boes/ day, opinions on if that is doable?

RE:7500 boes/ day, opinions on if that is doable?
on july 8, that had a PR that stated that :

Current production on the Las Maracas Field is from 11,000 to 11,600 barrels of oil per day
Add to that number the 3,6 k from LM 11 and you get a happy 14,600 to 15,200 bopd which at 50 % WI gives you about 7300 to 7600 bopd... and they said once LM11 was finish they would began to drill LM12 so yeah, 7500 is pretty doable, even conservative i would say...

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