ABN 61 058 454 569
ICON ENERGY LIMITED
2015 Annual Report
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This review has provided focus for the first stage of exploration to be conducted within ATP 594, which is planned to involve
the acquisition of 3D seismic and the drilling of one well.
The recent success on the Western flank of the Cooper Basin can be attributed to a combination of an improved
understanding of the geology and enhanced definition of the sub-surface structure which was achieved with the application
of 3D seismic acquisition. This led to better well placement and therefore improved the chance of success. Icon is hoping to
emulate that success in ATP 594.
ATP 626 SURAT BASIN, QUEENSLAND
ATP 626 is located approximately 40 km north of Goondiwindi and 350 km west of Brisbane in the Surat Basin.
Following relinquishment of 20 sub-blocks in June 2014, Icon Energy has completed a thorough technical review of the
remaining prospectivity within the permit.
ATP 626 is currently in the final term with a Later Work Program covering the period from January 2014 to 31 August 2017.
Remaining wells within the tenement are Eolus-1, Mindagabie-1 and Stitch-1, which are currently suspended. Monthly
monitoring continues in the permit of these three wells.
Icon has a 100% interest in ATP 626.
OPERATIONS REPORT
