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.

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Voya Asia Pacific High Dividend Equity Income Fund

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Post by cohoeon Oct 25, 2012 8:44am

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Post# 20521979

167 License Offers made in 27th round

pledge.

167 License Offers Made in 27th UK Round

by Jon Mainwaring

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Rigzone Staff

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Thursday, October 25, 2012

The UK government has made initial offers for 167 production licenses in the UK’s 27th offshore oil and gas licensing round, according to a statement Thursday by UK Minister for Energy John Hayes.

Hayes noted that the number of license offers makes for “a very good result” which continued a trend of interest in the UK Continental Shelf. The government previously announced in May that a record 224 applications for licenses on 418 UKCS blocks were submitted for the 27th round.

“This demonstrates the continuing attractiveness both of the United Kingdom Continental Shelf as an oil and gas producing province. Oil is a global business and the companies are deciding where to allocate their capital in a very competitive environment. The UK remains a favoured destination, with the industry clearly seeing lots of potential and new opportunities,” added Hayes.

Notable offers included those made to Apache Corporation, BG Group, Maersk, Nexen, Premier Oil, Royal Dutch Shell and Total.

Apache has been offered 14 blocks, including the 9/19b block in the northern North Sea – where it will be required to acquire 3D seismic data and drill at least one well.

Most offers have been made in the central North Sea, where BG Group has been offered seven blocks. It will be required to obtain and reprocess 3D seismic in these blocks.

Shell has been offered five blocks in this zone, where it must commit to drilling two wells as well as obtain and reprocess 3D seismic.

Also in the central North Sea, Maersk has been offered four blocks in the central North Sea and will be required to reprocess 3D seismic and drill at least one well on the 30/1g block, while Nexen has been offered 17 blocks, which includes a commitment to drill at least four wells on two of these blocks. Premier Oil has been offered eight blocks in the central zone, where it will be expected to drill at least two wells.

West of the Shetland Islands, Total has been offered 16 blocks. The French firm has also been offered four blocks in the northern North Sea and two blocks in the central North Sea – where it will be required to shoot and reprocess 3D seismic and drill three wells.

Other companies that have been made license offers include BP, Centrica, ConocoPhilips, E.ON, GDF Suez, OMV, Statoil and Tullow Oil

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