ICN 0.00% 0.6¢ icon energy limited

good morning all - yes ICN prospects are looking even...

  1. 8,562 Posts.
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    good morning all - yes ICN prospects are looking even better.
    This new permit sounds great - 4,000 sq klms with Walloon coal measures only 300 metres deep, and "with little change in depth over the whole area".

    If Icon had est of 5TCF in ATP626 and depth there is 600m - 1,000m, then new permit ATP849 may well hold very much more TCF of GIP.

    SO it seems to me that this new permit puts ICN in a new, bigger league.

    It give ICN "critical mass" and would make it a tastier bite for a big player looking for reserves for their LNG plant.

    cheers
 
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