Icon Energy Annual Report 2019

Icon Energy Tenements Permit/Area Tenement Area Permit Interest Operator Prospect Type Cooper - Eromanga Basin, Eastern Flank ATP 594 1,230 km 2 100% Icon Energy Oil Cooper - Eromanga Basin, Nappamerri Trough ATP 855 1,679 km 2 100% Icon Energy Shale Gas, Basin Centred Gas PRLs* 857 km 2 33.33% Beach Energy Oil Gippsland Basin PEP 170 804 km 2 100% Icon Energy Oil, Gas PEP 172** 1,312 km 2 100% Icon Energy Gas PEP 173** 1,220 km 2 100% Icon Energy Gas * PRLs 35, 37, 38, 41, 43, 44, 45, 48 and 49 South Australia. Formerly PEL 218 (Post Permian Section) ** Permit to be granted W.A. N.T. QLD. S.A. N.S.W. VIC. T. Permits Oil Pipeline Gas Pipeline Oil Field Gas Field LEGEND Gladstone Sydney Brisbane Adelaide Cooper-Eromanga Basin Gippsland Basin BassStraitOil&GasFields 25km GoldenBeach Barracouta Dolphin Tarwhine Bream Mulloway Snapper Sweetlips Perch Gormandale Traralgon Wonwron Yarram Sale Delvine Bairnsdale LakesEntrance Meerlieu PEP 173 PEP 172 PEP 170 Gippsland Basin S.A. N.S.W. 100km PRL’s 33-49 ATP 855 Cooper-Eromanga Basin ATP 594 Key W.A. S.A. VIC. Permits Oil Pipeline Gas Pipeline Oil Field Gas Field LEGEND Adelaide Coop N.S.W. 100km ATP 855 Tenement Locations 4 Icon Energy Annual Report 2019