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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

Post by christoon Jul 04, 2012 12:03pm
284 Views
Post# 20081296

What the heck

What the heck

I just took those shares@ .055...theres only been about 100,000 shares sold down here ...some of them may as

well be my buys...like the low share float...love Nevada...LOW on cash...2 outta 3...

If you believe in a continuing and perhaps accelarating gold bull...then load up on about 10 juniors...the other

nine do not have to be cash challenged...this IMO is a great opportunity...the bottom is pretty well in on the TSX-

Venture...if more downside...even better risk/reward ratio

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