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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 GolongGekkoon Apr 03, 2015 1:58pm
131 Views
Post# 23595349

Well #5 Transcript . . . FYI

Well #5 Transcript . . . FYI

As the operations are almost complete on the fifth well and in the Stella [indiscernible] the underlies the Andrew Sandstone and the data that we've collected so far is very encouraging obviously we need to wait for the cleanup and the test results. But let's share a little more of the detail from the well.

This is an image from the 3D geological model of the chart reservoir. The main picture shows a pie level and for those of who are in the room are quite on the slide here we build a pie level to get our bearings, with inbuilt an original horizontal well bore over 2013 land.

Unfortunately we were unable to complete the original well bore due to mechanical problem we had to sidetrack the well essentially parallel the original well bore by the one that’s marked on this slide as ACY. Both the original whole and the sidetrack were logged and exhibited high quality results over 97% net pay in significant natural fraction networks [indiscernible]. The completion has now been run in the sidetrack well bore and we actually cut it a 10 stage asset stimulation treatment along the length of the well bore. We utilized basically the best practice completion treatment in this formation, its been well established by [BPE Chronical Philips] in the Central North Sea both in the UK and the region sectors. We are very pleased with the data acquired during the assets stimulation treatment.

The box at the bottom of the picture is a cross section that shows the trajectory of the well bore and we might sustain the high quality E1 target layer throughout, that’s about 60 feet thick. The overall reservoirs are around 300 feet thick, so there are significant reserves to be had here from a choke. But as you see, we will be announcing [workers] results during April.

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