re: Ann: Icon Announces Contingent Resources ... Icon receives maiden resource certification at Lydia
12:54, Friday, 21 August 2009
Sydney - Friday - August 21: (RWE Aust Business News) - Icon
Energy (ASX:ICN) has a maiden resource certification for CSG resources
within the Lydia pilot, an area representing 13 per cent of ATP 626,
Queensland.
The CSG resource is 260 PJ with all three wells now flowing gas
and water.
Icon has called for tenders for its new drilling program which
will consist of a further 11 wells.
A cultural heritage indigenous management agreement has been
signed and one third of the proposed 303km seismic lines have been
cleared by the traditional owners.
The seismic is an important component of selecting future well
sites and increasing certified reserves.
FYI.
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