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Icon Energy Ltd V.ICN


Primary Symbol: ICNOF

Icon Energy Limited is an Australia-based oil and gas exploration company. The Company has a 100% interest in, and is operator of, the ATP 855 tenement and the basin-centered gas resource that it contains. The Company’s ATP 855 is located in the Cooper-Eromanga Basin on the eastern side of the Queensland and South Australian border. The Company's tenements include ATP 855, PRL's 33-49, ATP 594, PEP 170, PEP 172, and PEP 173. PRL's 33-49 are adjacent to ATP 855 on the western side of the border, and both permits share part of the Nappamerri Trough. ATP 855 is located in the Nappamerri Trough, one of the six troughs within the Cooper Basin. The tenement covers the deepest part of the trough, containing the thickest sequence of Permian sediments in the entire Cooper Basin. It is within these sediments that a large, unconventional, basin-centered gas resource has been discovered that extends across the entire tenement. ATP 855 occupies a total area of 1,679 square kilometers (km2).


OTCPK:ICNOF - Post by User

Comment by dufouron Aug 17, 2011 2:15pm
309 Views
Post# 18952515

road show......

road show......Tasso (IR) and Carl (CEO/President) are on the road all week to go brief and make presentations to interested people in New York, Toronto and lastly Montreal.  The have a very busy schedule this week! 

With the outstanding results on Monday, the May bonanza grades and the June drill results, in their pockets this should attract attention.  For those that don't remember, print these results out and look at them again and you will see that this is extremely cheap with a market cap of about 20 million!  Come this Fall many will regret not adding at these prices while the could!

For them to go out to these areas I suspect it is to brief people with deep pockets, brokerages, fund managers, etc.

This hopefully will create some good interest and some buying.  Accumulation by these people is what we need to start the stock into a nice uptrend while we wait for phase 2 drillling.....then the stock should grow some legs imo!
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