facts on rj and icon

A basic outline of RJ and Icons operations as assisted by another member.

Icon Energy’s (NON) Accomplishments under RJ

No commercial Production, or significant discoveries after 13 years
since company listed

Sold acreage in CSG to QGC to finance operation of field in
Lousianna.realised several million dollars in sale of interest

QGC continues to develop former Icon 50 % acreage and now has
present worth of several Billion dollars.

Icon signs with JV with Stanwell drills pilot, and tests
uncommercial production

Icon continues to drill in 626. with no luck in CSG

Switches to prospecting for oil, is Awarded 855 lease by Queensland

RJ brokers operatorship and sells 40 % of lease to BPT then tries to
get it back

RJ settles out of court for 16 million

Signs deal with chinese to sell LNG from undisclosed sources

After two years still no idea, or factual plan presented to
stockholders on how this great contract is going to be sourced for
gas, no proven reserves...

15 years of promises, bad decisions, and living "LA DOLCE VITA" off
of the stock holders funds... not a bad deal..