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Icon Energy Ltd V.ICN


Primary Symbol: ICNOF

Energy Oil & Gas E&P
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

Icon Energy Ltd > What's going on?
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Comment by rappy7on Mar 27, 2012 7:37pm
239 Views
Post# 19725365

RE: What's going on?

RE: What's going on?

Be careful. The most dangerous thing you can do is 'average down" when you aren't confident where the bottom is.

 

I have no idea what's going on, either.

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Dealroom for high-potential pre-IPO opportunities