LONDON (Alliance News) - Egdon Resources Tuesday said it has obtained consent from the UK Department of Energy and Climate Change for the transfer of shale gas exploration licences from Alkane Energy PLC. Egdon did a deal in May to buy interests in 10 UK shale exploration and development li Read More

Egdon Resources Awaiting Consent For Licence Transfer From Alkane Energy

5th Jun 2014 10:14

LONDON (Alliance News) - Egdon Resources PLC said Thursday it is still awaiting consent from the Department of Energy and Climate Change for the transfer of licences from Alkane Energy PLC. Egdon Resources said it now expects this consent - which will see the transfer of Alkane's rights ove Read More

UK MIDDAY BRIEFING: AstraZeneca Continues To Reject Pfizer

13th May 2014 13:11

LONDON (Alliance News) - AstraZeneca Tuesday again rejected Pfizer's "opportunistic" GBP63 million takeover approach, as UK politicians grilled executives of both companies about the potential deal and what it will mean for the UK's pharmaceutical industry. Cruciall Read More

UK WINNERS & LOSERS: easyJet, TUI Travel Lower As Housebuilders Rise

13th May 2014 11:09

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday. ------- FTSE 100 - WINNERS ------- Barratt Developments, up 3.1%, and Persimmon, up 2.1%. The housebuilders have Read More

Egdon Resources Grows Shale Acreage With Alkane Deal, Places Shares

13th May 2014 10:53

LONDON (Alliance News) - Egdon Resources PLC Tuesday confirmed a placing and open offer to raise up to GBP7 million and entered a sale and purchase deal with Alkane Energy PLC regarding the previously announced transaction of Alkane's shale assets for Egdon shares. Egdon, a UK-focused oil a Read More

Egdon Resources And Alkane Energy In Advanced Acquisition Talks; Egdon Proposes Fundraise

12th May 2014 09:45

LONDON (Alliance News) - Egdon Resources PLC and Alkane Energy PLC said Monday that they are in advanced discussions regarding a potential transaction of Alkane's shale assets for Egdon shares. Accompanying the proposed transaction, Egdon has proposed a GBP7 million fundraising for working Read More

Alkane Energy's Maltby Power Plant To Re-Commence Production In May

1st May 2014 11:55

LONDON (Alliance News) - Alkane Energy PLC said Thursday that output in the first quarter was slightly down on the comparative period and that its Maltby power plant is due to go back into production during May 2014. In a statement released ahead of its annual general meeting Thursday the i Read More

Alkane Energy Pretax Profit Increases On 40% Jump In Revenue

12th Mar 2014 11:19

LONDON (Alliance News) - Alkane Energy PLC Wednesday said its pretax profit increased in 2013 as revenue at the company jumped 40%. The UK clean technology gas-to-power company said its pretax profit rose by 13% to GBP2.7 million from GBP2.3 million in the previous year as revenues jumped t Read More

Alkane Energy Acquires 10 Megawatt Site From SSE For GBP1.5 Million

5th Feb 2014 14:48

LONDON (Alliance News) - Alkane Energy PLC Wednesday said it has acquired the 10 megawatt Wheldale, West Yorkshire power response facilities from SSE PLC for GBP1.5 million. The clean technology gas-to-power company said the initial consideration for the acquisition is GBP1.1 million in cas Read More

Alkane Energy Says 2013 Result As Expected As New Facility Boosts Output

20th Jan 2014 10:03

LONDON (Alliance News) - Independent gas and power producer Alkane Energy PLC said Monday that it expects full-year results in line with expectations as it saw output increase in the year ended December 31, 2013, boosted by its acquisition of an 11-megawatt coal mine methane facility at Maltby C Read More

DIRECTOR DEALINGS: Alkane Energy Non-Executive Director Sells Shares

24th Oct 2013 13:08

Alkane Energy Profits Jump As It Grows Output And Capacity

11th Sep 2013 11:54

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