If a company has certified reserve and is looking for a buyer ICON could be the right choice.With ICON they get a GSA, they quickly comply with the condition of it and they gain few highly prospective tenements . Beach could have thoughts about it...
Proximity of tenements, some jointly held with ICON.A 30 bil GSA is attractive and ICON is going to be a bargain if u value the synergies.Don't know all the gas player in Australia, who do you think could be the right candidate for a merger or a predator for ICON?
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