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 > PTA's EV US$45M (4K boepd) - AMER's EV US$350M (4.4K boepd)

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Comment by perdikaoilgason Oct 07, 2015 12:27pm

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Post# 24171813

RE:RE:PTA's EV US$45M (4K boepd) - AMER's EV US$350M (4.4K boepd)

HedleyLamar wrote: Parex has pretty much stated that the Tautaco-1 won't be drilled this year. We'll be limping out of 2015 at the difference between 4104 boepd on that August day and whatever the decline rate allows us to keep. Only increased production will be tears in the beers.

Lies about Tautaco as usual written by the former disgruntled SUROCO employee a.k.a HedleyLamar alias. HedleyLamar was among the first ones who were fired by PTA as a result of the deal with SUROCO.

2015 Drilling Operations:

A summary of the remaining anticipated 2015 drilling/testing program is provided:


#	Prospect/Well1	Block	Timing / Status
1	Chachalaca-1	LLA-34	Testing operations underway
2	Rumba-2	LLA-26	Tested 1,250 bopd
3	Bazar-2	LLA-26	July 28, 2015 Spud
4	Rumba-3	LLA-26	Rumba appraisal well
5	Tautaco-1	LLA-10	Q4 Spud
6	Taringa-1	Cebucan	Q4 Spud
7	Capachos-2	Capachos	Q4 civil works - 1st Capachos farm-in well
8	Guepardo-1	LLA-32	Drilling
9	Carcayu-1	LLA-32	Following Guepardo-1 well
10	Appraisal Well	LLA-32	Q3 Spud (contingent)
11	Jacana-1	LLA-34	Spud July 31 (South of Tigana field)
12	Tilo-2	LLA-34	Q3 Spud
13	Chachalaca-2	LLA-34	Q4 Spud
14	Appraisal Well	LLA-34	Q4 Spud (contingent)
15	Glauca-1	VMM-11	Q4 Spud