COOPER BASIN

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.

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...

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