Icon Energy Limited is an oil and gas company. The Company is engaged in exploration, appraisal and development of oil and gas properties. The Company's geographical segments include Australia and USA. The Company has a portfolio in the Cooper/Eromanga, Surat and Gippsland Basins. Its tenements include ATP 855, which is located in the Cooper-Eromanga Basin on the eastern side of the Queensland and South Australian border; PRL's 33-49, which covers the area in the South Australian side of the Nappamerri Trough; ATP 626, which is located north of the town of Goondiwindi in the Surat Basin in Queensland; ATP 594, located near the township of Quilpie; ATP 794, which is located north west of the town of Quilpie and lies directly north of ATP 594; ATP 549 West, which is located inside the boundaries of the Cooper Basin in Queensland; PEP 170, which is located in Victoria's Gippsland Basin; PEP 172, which is located in Gippsland Basin, and PEP 173, which is located in Gippsland Basin.