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Icon Energy - ASX code ICN

Icon Energy Limited (Icon) is an Australia-based company engaged in the exploration, appraisal and development of oil and gas properties.

The company principally conducts its exploration activities in the Cooper/Eromanga and Surat basins in Australia. It also operates in the petroleum sector.

As of June 30, 2010, the list of mining tenements held by the Company included ATP 549P, ATP 594P, ATP 794P, ATP 849P, ATP 855P, PEL 218, ATP 560, EPG 49 and EPG 51.
ATP 794P is held by Victoria Petroleum Limited.
ATP 794P covers an area of 14,957 square kilometers and is located in the Southwest Queensland portion of the Cooper/Eromanga Basin.
As of June 30, 2010, the Company held a 75% interest in Brightspot, and a 60% interest in Regleigh and Springfield.
As of June 30, 2010, four stratigraphic wells were drilled as part of a six well program outside the Lydia Pilot Area.
During the fiscal year ended June 30, 2010 Stanwell Corporation acquired 50% working interest in ATP 626P.

Icon Energy Limited  was formerly known as Icon Oil NL and changed its name to Icon Energy Limited in November 2000. Icon Energy Limited was founded in 1993 and is headquartered in Gold Coast, Australia.

Icon Energy Limited
4 Miami Key
Broadbeach Waters
Gold Coast, QLD 4218
Australia - Map
Phone: 61 7 5554 7111
Fax: 61 7 5554 7100
Mr. Raymond Swinbum James Managing Director, Chief Geophysicist, Director of Exploration and Executive Director 717.00K
Dr. Kevin Jih Chief Financial Officer and Exec. Director 475.00K
Mr. Ross Edwin Mallett J.D., Bbus, Fcis, FCPA, Legal Counsel and Company Sec. 345.00K
Mr. Richard Holliday Commercial Manger 300.00K

According to Microaxis, the company has return on total asset (ROA) of (13.88) % which means that it has lost $13.88 on every $100 spent on asset. This is way below average. Similarly, it shows return on equity (ROE) of 13.0 % meaning that it generated $13.0 on every $100 dollars invested by stockholders.

Search the ASX website for company announcements from Icon Energy

ICN Icon Energy 5 year chart retrieved on 18 November 2013





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