Icon caught behind the ball

JUNIOR Cooper Basin player Icon Energy has been caught out by joint venture partner Beach Energy disclosing news about the Halifax-1 well in ATP 855 a day earlier than planned, leading to a dramatic dip in share price for the junior.

10 April 2013
comments
share

The Australian Securities Exchange questioned why Icon Energy did not elect to update the market about the weaker flow given that its joint venture partner Beach Energy had updated the market on April

An invaluable asset to Australasia's oil and gas sector

Subscribe today and enjoy full access to EnergyNewsBulletin.net - the most comprehensive source of energy sector news and information.

EnergyNewsBulletin.net Package

From $306 *per user, per year (excluding GST)

SUBSCRIBE NOW

Full access to EnergyNewsBulletin.net resources on desktop and mobile
Industry-leading insights into the future of energy
Expert market views on digitalization and renewables
In-depth features on advancements in technology
A ﬁrst look at latest commodity price updates and breaking news
2 daily newsletters covering hot topics in operations and investment
Access to the complete Energy News Bulletin archive since 2006

Try EnergyNewsBulletin.net for 30 days for ONLY $1

START YOUR TRIAL

best value

Resource Sector Investment Package

From $485 *per user, per year (excluding GST)

SUBSCRIBE NOW

All the benefits of EnergyNewsBulletin.net package, plus Unlimited access to MiningNews.net
Access to all MiningNews.net articles and additional features
MiningNews.net daily newsletters
Exclusive monthly newsletter from RESOURCESTOCKS featuring select commodity market analysis and latest company profiles.