ICN 0.00% 0.6¢ icon energy limited

pre nr, page-13

  1. 21,314 Posts.
    lightbulb Created with Sketch. 2079
    Nice START!!

    I liked this bit best.

    Ray James, Managing Director of Icon Energy, said “the Halifax-1 well is the first shale gas well, in an exploration permit program of six wells, in ATP 855P and we look forward to working closely with Beach Energy on the development of this gas resource.

    FIVE more wells in 855!!

    Now, let's just do what Ray James is going to do:-

    We are eager to see the flow test results over the next few weeks as the stimulation fluid in the well is flowed back leading to a stabilised flow rate. Icon Energy is extremely pleased with this early result as it proves the extension of the basin centred gas play in the Nappamerri Trough into Queensland. We look forward to our appraisal drilling program establishing a significant gas resource in ATP 855P.”

    Bet the "analysts" don't even know how big a 24/64th inch choke is.

    And how subdued was Reg?? Is he keeping low for some reason??
 
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