Hanging around with AQo on a middling paired board

[KingOfSwords]

Villain is 48/2/1.28/117. I played against him once before and decided he was buddy-list worthy. He's the reason why I took a shot at 1/2 last night. He's loose-passive, obviously, and I've seen him pay people off when he makes a middle pair with the board or with a small pocket pair.

Absolute Poker
No Limit Holdem Ring game
Blinds: $1/$2
Max buy-in $400
6 players
Converter

Stack sizes:
UTG: $66.35
UTG+1: $1044.60
King: $351.80
Button: $285.40
SB: $436.35
BB: $189.20

Pre-flop: (6 players) King is CO with A[img]/images/graemlins/diamond.gif[/img] Q[img]/images/graemlins/heart.gif[/img]
UTG folds, <font color="#cc0000">UTG+1 raises to $4</font>, <font color="#cc0000">King raises to $12</font>, Button calls, 2 folds, UTG+1 calls.

Flop: 9[img]/images/graemlins/spade.gif[/img] 9[img]/images/graemlins/club.gif[/img] 8[img]/images/graemlins/diamond.gif[/img] ($39, 3 players)
UTG+1 checks, King checks, Button checks.

Turn: 9[img]/images/graemlins/heart.gif[/img] ($39, 3 players)
UTG+1 checks, <font color="#cc0000">King bets $26</font>, Button calls, UTG+1 folds.

River: Q[img]/images/graemlins/diamond.gif[/img] ($91, 2 players)
King checks, <font color="#cc0000">Button bets $90</font>, King calls.

Results:
Final pot: $271