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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 May 16, 2014 11:21am
276 Views
Post# 22569943

Operational Update

Operational UpdateIt's time for a more detailed update on operations.

In the Q4 2013/Q1 2014 Financial and Operational Report they make reference to additional production: "as well as anticipated additional production from the Rumi-1 and La Casona-2 wells, the Company is revising its 2014 average".....   What production has been added?

For Curiara they state: "
at rates of approximately 250 bopd of 42 degree API oil. This rate is temporary and restricted by authorized flaring 1.5 million cubic feet per day of gas, while gas dehydration and gas compressors are commissioned."  When does this get commissioned?

Why has Crypto-1 been pushed back to Q3?

In their last presentation they make reference to El Bosque prospect in the El Eden Block which is near the producing Ramiriqui field.  When does this proceed?

Malavar-1 in Q3 .  What do we now about this Block? There doesn't seem to be much urgency to drill this well.

Balay Block.   The forgotton block where they state in the presentation: "2 additional potential development wells in 2014, subject to field production performance".  What does that mean?
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