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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

Post by Kittydayon Sep 12, 2013 11:27am
377 Views
Post# 21735619

I can't wait for the 2nd well...

I can't wait for the 2nd well...Yesterday Ithaca Energy has announced completion of a highly successful flow test on the first development well drilled on the Stella field.
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Fluid samples have confirmed the high oil content of the hydrocarbons that will be produced from the well.
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The well intersected a high quality net reservoir interval of 1312 feet, with reservoir properties in line with previous wells drilled on the field.
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Following suspension of the A1 well, the ENSCO 100 will move on to drilling of the second Stella development well from the same drilling centre location.
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Iain McKendrick, Chief Executive Officer, commented:

           "This well and the highly successful test are outstanding results for the Company. This is an enormous leap forward in de-risking of the Greater Stella Area development and the creation of a major new production hub in the UK Central North Sea. The well has accessed the reserves it was designed to recover and the test confirms the presence and extremely high quality and deliverability of the reservoir sands. When these results are combined with progress that has been made on both the successful execution of the 2013 subsea installation works and the FPF-1 modifications programme, the development can be seen to be confidently driving forward at pace."
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