Icon Energy Limited (ICN)

Overview

Icon Energy Limited, initially known under the name Icon Oil NL until its rebranding in November 2000, is a prominent player in the energy sector focusing on the exploration and development of oil and gas properties within Australia. Founded in 1993, the company has established a firm foothold in the industry, particularly through its strategic interests in the Cooper/Eromanga and Surat Basins, both located in Queensland. With its headquarters in Burleigh Heads, Australia, Icon Energy has maintained its commitment to contributing significant value to the oil and gas production landscape in Australia over the years.

Products and Services

• Exploration and Development of Oil and Gas Properties:

Icon Energy Limited undertakes rigorous exploration and developmental activities aimed at uncovering and efficiently harvesting oil and gas resources. These activities are pivotal to the company’s core operations, focusing on identifying viable resources in its licensed areas and bringing them to market.

• Interest Holdings in the Cooper/Eromanga and Surat Basins:

The company's strategic interests in the Cooper/Eromanga and Surat Basins underscore its operational focus within Queensland, Australia. These basins are known for their rich deposits, granting Icon Energy a competitive edge in the exploration and production of oil and gas. The company's involvement includes acquiring and managing licenses, conducting geological surveys, and drilling to explore and exploit hydrocarbon reserves.