Ann: LYDIA PILOT ACHIEVES GAS FLOW IN ATP 626P , page-9

re: Ann: LYDIA PILOT ACHIEVES GAS FLOW IN ATP... Well done. Looks the real deal now.

Icon proves new gas province
12:50, Friday, 19 June 2009

Sydney - Friday - June 19: (RWE Aust Business News) - Icon
Energy's (ASX:ICN) Lydia pilot program, Queensland, has completed the
draw down tests on LP-4 and LP-3 with the test of LP-4 to be completed
today.
All wells have produced free gas flows to surface with
indications that the free gas flow is expected to increase as dewatering
progresses.
Managing director Ray James said the gas/water flows represented
a milestone achievement and proved a new gas province in ATP 626P, 100
kms south of the existing fields.
The performance of the Lydia pilot has exceeded all expectations
for these early stage tests, he added.
"We are very encouraged by this immediate gas flow as it is an
indication that the Walloon coal measures are gas saturated in Lydia
pilot area," he said.
Dewatering will continue until commercial gas flow rates are
achieved.