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Icon Energy Advances Key Cooper Basin Lease, Secures $300K Loan Amid Suspension
8:38am on Wednesday 30th of April, 2025 AEST
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Energy
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Icon Energy Advances Key Cooper Basin Lease, Secures $300K Loan Amid Suspension
8:38am on Wednesday 30th of April, 2025 AEST
Key Points
Notice of Proposed Grant received for Petroleum Lease PL-1144 over ATP 855
PL-1144 expected to qualify as a Contingent Resource (3C) for conventional gas
Secured $300,000 unsecured, interest-free loan replacing planned share subscription
No exploration activities conducted during the quarter
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