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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 > I can't wait for the 4th Stella well test results...
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Post by Kittydayon Sep 12, 2014 1:33pm
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Post# 22931297

I can't wait for the 4th Stella well test results...

I can't wait for the 4th Stella well test results...lacquer nails smiley

The first Stella well, A1, flowed at a maximum 10,835boepd with the full production potential of the well limited by the capacity of the well test equipment on the drilling rig. This implies that the maximum production rate was beyond 10,835.
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The second Stella field development well, "A2", flowed at a maximum rate of 10,442boepd with the full production potential of the well limited by the capacity of the well test equipment on the drilling rig.
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The third Stella field development well, "B1", flowed at a maximum rate of 12,492boepd with the full production potential of the well limited by the capacity of the well test equipment on the drilling rig.
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 The first three wells have already tested for over 30,000boepd, which was the initial target from Greater Stella. It is very likely that the company's initial production (when it starts in mid-2015) will be in the range of 32,000boepd to 40,000boepd if the final well also provides results similar to the first three.
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So I see the 4th well as a bonus... : )

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