Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by Resilienceon Aug 20, 2008 2:43pm
305 Views
Post# 15398290

RE: Why wait for 1.5 yr for the real CF?

RE: Why wait for 1.5 yr for the real CF?

Good post again TO1, made me look for some data.

This is what i found on gas prices in the CAX report:

Tunisia currently legislates domestic gas prices to receive 80% of local low sulphur fuel oil prices, which at $100 per barrel equates to approximately $10 per Mcf. Tunisia currently has a domestic gas demand for approximately 150 MMscf/d, which we would hope to access upon success at Chaal.

Calculation if i am not mistaken is then (I''ll take above prices although the seem moderate to me):

Chaal is 1tcf at 60% WI = 600 bcf times 10$ per Mcf is 6 bln $ I believe
Deep Triassics i 2tcf (at average 30%) WI = also 600 bcf and 6 bln $
(Pls let me know if I err, since I have seen valuations with a 0 less but i don't know if this was risked - calcualtion seems right)

Chaal is planned to be drilled this Quarter. And in 1969 some russians already drilled it, so we know it's there. And we had a caved well that flowed excellent qual gas and non-commercial rates. So big question is can the acid perf the reservoir enough for commercial flow rates. 

Tbh Wouldn't hold my breath for the Triassics, CAX are not the quickest operators...

On your other remarks from IAE:
- Good points on Stella
- High WI I hadn't realized
- Not waiting around for a decade is a fair point as well ;-)

You just raised my interest another couple of notches. Thanks, appreciate the exchange.

Hope you look at CAX as well and make a bunch.

R.


Bullboard Posts