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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 SevenFigureson Aug 07, 2012 3:43pm
240 Views
Post# 20191185

Carl Hering mentioned on Midas Letter

Carl Hering mentioned on Midas Letter

The following was published today. It's Patrick Braukmann, the CEO of Corazon. Of course, Carl is on the Board at Corazon. Corazon also lent ICN $500,000 from Dec 2011 to May 2012. So there is a history there. Of course, ICN is about broke right now. ICN needs money to drill Goldfield. The targets are picked out. It has been over 2 months since last news release, ICN is rarely silent that long. But Corazon has $5,000,000 in cash, as they chose not pay the $2.5 million for the Santo Domingo payment in mid-April (due to poor vein widths). He certainly mentions a lot about acquisitions and mergers etc in the following interview... interesting.

https://www.midasletter.com/index.php/corazon-gold-ceo-patrick-braukmann-updates-investors-on-midas-letter-money/

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