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Voya Asia Pacific High Dividend Equity Income Fund T.IAE


Primary Symbol: IAE

Voya Asia Pacific High Dividend Equity Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is total return through a combination of current income, capital gains and capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in a portfolio of dividend yielding equity securities of Asia Pacific companies. The Fund will seek to achieve its investment objective by investing at least 80% of its managed assets in dividend producing equity securities of, or derivatives having economic characteristics similar to the equity securities of Asia Pacific Companies that are listed and traded principally on Asia Pacific exchanges. The Fund will invest in approximately 60-120 equity securities and will select securities through a bottom-up process that is based upon quantitative screening and fundamental analysis. Voya Investments, LLC is an investment adviser of the Fund.


NYSE:IAE - Post by User

Voya Asia Pacific High Dividend Equity Income Fund
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Post by Golongagainon Nov 25, 2013 11:17pm
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Post# 21940743

A1 RECAP - A2 in the GUSH ZONE

A1 RECAP - A2 in the GUSH ZONE
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  • The first Stella field development well, "A1", flowed at a maximum rate of 10,835 barrels of oil equivalent per day ("boepd") on a 7/8-inch choke, with the full production potential of the well limited by the capacity of the well test equipment on the drilling rig.
       Fluid samples have confirmed the high oil content of the hydrocarbons that will be                    produced from the well.  The maximum rate of 10,835 boepd corresponds to 6,499                  barrels of oil per day ("bopd") and 26 million standard cubic feet per day ("MMscf/d") of         "liquids rich" gas.
       
       The well intersected a high quality net reservoir interval of 1312 feet, with reservoir                  properties in line with previous wells drilled on the field.  The oil is of high quality,                     approximately 42° API.
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