As released 3rd Feb
ICON DRILLING TO FIND SWEET SPOTS
Icon Energy is continuing to gather information for reserves certification within ATP 626P Netherland, Sewell & Associates, Inc. has previously confirmed total resource estimate of 6.1 TCF or 6100 PJ within the permit. Of this figure, contingent resource estimates of 1115PJ (2C) and 1775PJ (3C) have been calculated. To move these resource estimates to proven reserves of 2P and 3P Icon must demonstrate commercial flow rates of fluids. Therefore Icon must find the sweet spots within this coal basin.
I wonder if they have already hit the "sweet spots" to get the Chinese to commit to an MOU
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- when it hits the press - should fly
when it hits the press - should fly, page-3
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