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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 ANBCAon Sep 12, 2013 4:22pm
576 Views
Post# 21736644

6,000 bopd, basically just LM production

6,000 bopd, basically just LM productionFair to say there is considerable upside potential for production.  The 6000 bopd figure that the company tossed out a few weeks ago takes no account of shut in wells.  If they put Curiara and LC 1 on production we would be well over 7000.  So given even modereate success on the remainder of the drilling program this year will put the company between 8,000 to 10,000 boepd.

Not bad numbers.  Actually very good numbers but for some reason they're being presented very conservatively.  
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