Australia: Icon Energy Updates on Geoffrey-1 Well

October 29, 2013

Icon Energy announced that the Geoffrey-1 well in ATP 855 is drilling ahead in 12-1/4” hole at a depth of 2,338 metres in the Hutton Sandstone at 06:00 hours (AEST) on Monday 28 October 2013.

Geoffrey-1 is being drilled to further evaluate the shale and basin-centred gas play in the Permian section of the Nappamerri Trough and is planned to reach a total depth of 4,266 metres.

Interests in ATP 855

– Icon Energy Limited 35.1%

– Beach Energy Limited (ASX: BPT Operator) 46.9%

– Chevron Australia Exploration 1 Pty Ltd 18%.

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LNG World News Staff, October 29, 2013; Image: Icon