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 > La-Guira on schedule

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Post by hockeylad33on Oct 03, 2013 4:15pm

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La-Guira on schedule

Why do so many people keep saying that La-Guira will be delayed until after LC-2? The NR clearely states that the Tuscany 109 rig from LM-14 will be immediately heading to La-Guira. TD report out today says share price weakness partially due to delays of La Guira .... um, no.

"The Las Maracas-14 well has successfully delineated the southern extent of the Las Maracas Field. The well encountered approximately10 feet of net pay in the Mirador Formation. The Gacheta and Une Formations were deemed to be water bearing from the observed log response. The Mirador is expected to be production tested using a work over rig and the Tuscany 109 rig will now mobilize to drill the La Guira prospect located to the immediate south of the Las Maracas Field."

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