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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Post by SevenFigureson Jun 04, 2012 10:32am

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Post# 19977208

New ICN Presentation on Website

https://www.icnresources.com/i/pdf/Corporate-Presentation.pdf

Highlights:

Slide 17:
New Goldfield Bio-Chem Survey Map

Slide 18:
2012 Goldfield Bonanza Exploration Program
last 2 bullets:
> "Plan drilling on multiple remaining geophysical and bio-geochem anomalies."
> "Drill for extensions of the high grade Church Zone Discovery and in other identified high grade areas. Evaluate small high grade “test” production."

Slide 19: (I have added the bold and underline; could this be how ICN funds Goldfield drilling?)
Hog Ranch, Washoe County, Nevada USA (Joint Ventured)
Trout Creek, Humboldt County, Nevada, USA (in JV discussions)
Kings River, Humboldt County, Nevada, USA (in JV discussions)
AWA, Humboldt County, Nevada, USA (free gold sample)
Rockland, Lyon County, Nevada USA (ICN exploring)

Slide 26:
Must see picture of an AWA sample.