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).

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Icon Energy Ltd > Midas Letter

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Comment by djabon May 03, 2012 1:06pm

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Post# 19867097

RE: RE: RE: Midas Letter

look at the stock graph snap shot, it's to the end of Feb 2012. It would seem either they took a later snap shot then pre 2012 or the interview was done around that time.....however he clearly says some news in a week and some news in 2-3 weeks on the samples....there's nothing so far...however, he has a history of est time and blown past those dates.....who knows.....if 90 cents a share was the top of the earth I'm about to the center of the earth, I bought after the 1.5kg/ton news was released.....its going to be a long term hold now.....

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