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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

Comment by perdikaoilgason Dec 15, 2014 3:34pm
310 Views
Post# 23232385

RE:Quinde-3 New Successful Development Well & Quinde Oil Pool

RE:Quinde-3 New Successful Development Well & Quinde Oil Pooland here is more info from the same locked SA article about the Suroriente Block where the Quinde oil field and the Cohembi oil field are:



1) Suroriente Block: The Suroriente Block covers approximately 90,000 acres and produces light and medium gravity oil from three oilfields (the Pinuna-Quillacinga field, the Cohembi field and the recently discovered Quinde field).

In fact, this Block was Suroco's gold mine. Producing wells in the Pinuna-Quillacinga field have multiple oil-bearing reservoir zones, with the production derived from the Villeta U and T sands, with an average oil gravity of 29 degrees API. The Cohembi field produces from the Villeta 'N' sand with average oil gravity of 19 degrees API. And in terms of the Quinde field, several gushers were drilled there over the last months.

The water injection in the Cohembi oilfield commenced in December of 2012 in the Cohembi-1 well, and the expansion of the secondary recovery injection scheme continued in 2013. The expansion continues in 2014, and the comprehensive reservoir studies indicate a waterflood at Cohembi will result in a significant increase in recovery and booked long-life reserves.

Potential to further increase those values by polymer injection is the subject of a third party consulting study that is currently ongoing and will be completed in 2014.

 

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