ICN 0.00% 0.6¢ icon energy limited

From the outset there were three main risks with this well:...

  1. 5,439 Posts.
    lightbulb Created with Sketch. 1
    From the outset there were three main risks with this well: would HC charge be possible this far from source (migration distance issue), quality of reservoir(s) (oil could be present but unable to extract due to fine-grained sediment and/or other rock characteristic factors), and a fault within the structure which may have limited the fault-independent portion of the structure to a much smaller volume. The fault has probably been eliminated as a constraint but the others remain to be determined. Good luck to all and a happy weekend whatever choice you make!
 
watchlist Created with Sketch. Add ICN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.