was in contact with RJ today , and to quote him, " It looks really good right now" he is Very excited.
Flow should increase once Frac fluids injected flow drop off.
But very successful early great results for Icon Energy.
also I understand Qld is dropping FRAC bane on CSG wells in QLD soon,
This is also Great news for ICN on its Lidia wells in APT 626. as there is already Gas flows that Flared and some wells still need more stimulation. History of this site already hold enough GAS to fill the Gsa sales agreement with China in its self. This GSA is worth $39 BILLION to ICN . and not to BPT.
Also note that EXON is seeking to JV Shale Gas in Victoria. ICN is in a very good position here as has 2 large leases right next to potential costal port facility.
Already the area has confirmed GAS & oil finds by LKO, who hold the neighbourly 2 adjoining tenements to ICN energy's( Gippsland Vic )
Great news around for Icon share holders.
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