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 > Stella update, Pt 2

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Comment by Monkey_Spankon Aug 12, 2014 10:25am

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Post# 22831894

RE:Stella update, Pt 2

Thanks Zorgon. Things seem to be shaping up nicely. Bit of a pisser that profit is down, but all part of the game. But the game is the game - always. Fantastic news that they are drilling the 5th well. We are already at over 33,000 boepd with only three wells. The crestal well should put us much closer to 40 and with the 5th well she should move closer to 45,000 boepd. With IAE at 54% that provides arounds 24,000 boepd from Stella alone. Which could put us somewhere over 35,000 boepd. So, 35,000 per day and 70 million 2P reserves. If we can bag another 30 mil 2P this company would be primed for a sale at premium. Things are coming together.

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