ICN 0.00% 0.6¢ icon energy limited

stanwell, page-18

  1. 5,181 Posts.
    lightbulb Created with Sketch. 1173
    Gassed, of course I can have it both ways.Events since the Baldwin statement suggest that whilst they may have been right and Stanwell may have got the best part of the permit, it is producing like a fat dog with flatulance.What does this say about the rest of the permit?

    Secondly, the potential GIIP and potential reserve numbers you mention from NSA are over a year old and dont take into account the very poor productivity from the test wells.
    Look, all I am doing is trying to inject some reality into this discussion. It badly needs it because there are so many overly optimistic claims being made.
    As I have said before I am watching closely and if there is a material value creating event, I will be in like Flynn.
    Incidentally, it is nothing like "wildcat" drilling when you are drilling on a known coal seam.
    Occam
 
watchlist Created with Sketch. Add ICN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.