Company News - 2009

December

We're on the eve of the greatest resources rush in modern Australian history - a once in a lifetime opportunity.

November

ICON Energy is primed for cheap gas production after laboratory tests revealed a high grade resource at its Lydia pilot well in the Surat Basin.
Icon Energy is already on a winner after securing City Pacific's former headquarters at Broadbeach at auction earlier this month.

October

AFTER almost two months of dewatering, Gold Coast-based gas explorer Icon Energy finally looks like hitting paydirt with the flaring of its latest Queensland gas find for the first time.
ICON Energy is set for another big cash injection as it fires up exploration in a new gas permit in far western Queensland.
Beach Petroleum has agreed to spend up to $8.5 million on exploration to earn a 40 per cent interest in Icon Energy's ATP 855P permit in the Queensland portion of the Cooper Basin. Beach has also agreed to buy $3.5 million in Icon shares.
ICON Energy is sitting on a potential new gas find, this time in South Australia's Cooper-Eromanga Basin.
ICON Energy could be blessed with low-cost production of gas from its southern Queensland deposits as it continues to pump high-grade water from the region's coalbeds.
Like much of the market, shares in coal seam gas hopeful Icon Energy have been running hot in recent months, but the company is hoping it will be re-rated even higher after commerciality tests of its ground in Queensland's Surat Basin.

September

NEW Icon Energy board member Derek Murphy has helped sell the Gold Coast company to potential Hong Kong investors.
ICON Energy has posted a $3 million loss for the six months to the end of June, up from a $1.2 million loss a year earlier.
GOLD Coast listed miner Icon Energy has been welcomed into the Standard and Poor's ASX 300.

August

ICON Energy yesterday continued its lucky streak with news of a new gas find in southern Queensland.
ICON Energy has joined the chase for oil in the Simpson Desert in a move that could add up to 15c to its shares.
SHAREHOLDERS in Gold Coast-based Icon Energy next week will get an early estimate of gas reserves at the company's Lydia pilot wells in southern Queensland.
ICON Energy will be part of Australia's first carbon-neutral seismic survey operation.

July

ICON Energy plans to expand its drilling program after a cash fillip from investors in the past week.

June

SHARES in Icon Energy surged yesterday after surprisingly early gas flows were recorded from its latest drilling program in southern Queensland.
ASX-Listed Icon Energy is undertaking a bold capital raising venture to significantly increase its coal seam gas (CSG) reserves.

May

SHARES in Icon Energy were placed in a trading halt yesterday ahead of a planned capital-raising by the oil and gas explorer.

April

ICON Energy has been encouraged by early results from its coal-seam gas test well in Queensland's Surat Basin.
GOLD Coast oil and gas explorer Icon Energy has added some high-powered experience to its board with the appointment of former state electricity commissioner Dr Keith Hilless as a non-executive director.

March

After a year of chasing, Icon Energy has finally appointed Derek Murphy to its board.

February

ICON Energy shareholders have voted against a corporate coup to dump founder and managing director Ray James and the remainder of the Robina exploration company's board.
THE battle for control of Icon Energy has heated up with board aspirant Ron Baldwin labelling the company's $36 million gas agreement with Stanwell Corporation as 'weird'.
Gold Coast-based gas explorer Icon Energy hopes to have silenced its critics after yesterday sealing a $36 million farm-in deal with the government-owned Stanwell Corporation.

January

THE battle for control of Icon Energy has heated up with board aspirant Ron Baldwin labelling the company's $36 million gas agreement with Stanwell Corporation as 'weird'
ICON Energy's largest shareholder has hatched a corporate coup that aims to oust the Robina company's entire board, including its long-standing managing director Ray James.

Company News - Archives

Click on below link to view all announcement for that year

Register for Latest News

Register here to receive Icon Energy's Newsletters, Annual General Reports and the latest ASX Reports.

$A0.140