ICN 0.00% 0.6¢ icon energy limited

This is the link....

  1. 21,489 Posts.
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    This is the link. https://www.queenslandjudgments.com.au/caselaw/qsc/2023/227
    But, the judgement has not been reported. But, as you can see, it's based on an error of law i.e. Icon V a Public Servant, really nothing to do with the actual renewal of the Licence for ATP855. Red tape..
    Now it's up to Ray James to tell us how it impacts on ICON. That's all that I can do.

    Icon Energy Limited v Chief Executive, Department of Resources[2023] QSC 227
    This was the action by Icon.
    ADMINISTRATIVE LAW – JUDICIAL REVIEW – GROUNDS OF REVIEW – ERROR OF LAW – where a delegate of the respondent refused to accept an application by the applicant to renew its authority to prospect pursuant to the provisions of the Petroleum and Gas (Production and Safety) Act 2004 (Qld) – where the applicant contends that the respondent’s delegate made errors of law in assessing and refusing the renewal application – whether the respondent’s decision to reject the applicant’s renewal application should be set aside.

 
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