Bought into this on a recommendation ages ago,never been upto much but a good increase today with some good news,,any thoughts??

Mark

Here is the good news

"The acquisition of Pro2 fulfils another part of our revised strategy announced in March 2003. Pro2 has made a valuable contribution to the Alkane group since the acquisition and we are delighted to announce that it is starting 2004 with its strongest ever order book."

Mark

Been in these for quite a while. Bought loads at 14.25p when they were tipped in various papers 3/4 months ago. Long term hold form me.

==
Alkane Energy PLC
09 October 2003



9 October 2003



Alkane Energy plc ('Alkane' or 'the company')

EU state aid clearance for electricity generated from CMM to be exempt from
Climate Change Levy (CCL).


Alkane Energy plc, the UK's leading commercial producer of Coal Mine Methane
(CMM) from abandoned coal mines, is delighted to announce that EU state aid
clearance has been granted for electricity generated from CMM to be exempt from
CCL.


It was first announced in the Budget in April 2002 that full exemption from CCL
was to be incorporated into the Finance Act 2002 and that EU state aid clearance
would follow thereafter. This was to correct the anomaly whereby CMM used
directly as an industrial fuel was exempt from CCL but electricity generated
from CMM was not. The Association of Coal Mine Methane Operators ('ACCMO')
lobbied the government for this inconsistency to be rectified and is delighted
that clearance has now been granted.


The EU ruling will directly benefit Alkane's customers as they will now be able
to sell CCL exempt electricity to industrial and commercial users. In
anticipation of this change Alkane's gas sales contracts provide for the company
to share any benefits from a change in tax regime with their customers. It is
expected that this exemption will result in an increase of approximately 15% in
revenues at the sites where Alkane sells its gas for electricity generation.


The company anticipates that this new benefit will come into effect in November
2003.


Commenting on the EU state aid clearance, Dr Cameron Davies, Chairman of Alkane
Energy said:


'Both Alkane and ACCMO welcome the announcement that EU state aid clearance has
been granted and see it as a resolute move demonstrating both EU and UK
Government support for the CMM industry, which benefits the environment by
reducing greenhouse gas emissions. We will continue to lobby the UK Government
for further financial incentives and benefits, particularly for inclusion in the
Renewables Obligation alongside landfill and sewage methane which are already
included.'
==

Some more old news
==
Alkane Energy PLC 9.50 : 10.50 ( +0.00%)

(AFR) 12/11/03 07:00:
Alkane Energy PLC - Re Contract

Alkane Energy PLC - Re Contract
RNS Number:9587R
Alkane Energy PLC
12 November 2003


12 November 2003

Alkane Energy plc ("Alkane or "the company")

Alkane takes order for containerized extraction equipment


Alkane is pleased to announce that it has signed a contract to sell a
transportable containerized mine gas methane extraction system for use at an
operating mine together with a package of support and spares. The equipment is
to be used at the Tabas mine in Iran. The order has a value of US$1.2million
and has been placed by IRASCO, the Iranian national purchasing agency. Delivery
is expected to take place in mid 2004.

Alkane announced in its preliminary results for the year ended 31 December 2002
the intention to sell its containerized extractor units and is delighted to be
able to announce this order.

The Tabas coal mine is under development and is expected when fully operational
to supply 0.75 million tons of clean coal pa which will be used by the National
Iranian Steel Company in its operations.

Commenting on the sale, Dr Cameron Davies, Chairman of Alkane Energy said:

"We are delighted to announce that IRASCO has purchased our system and by the
general level of interest shown from potential buyers. We believe that further
sales of the system could be another valuable area for the company to exploit."
==

Alkane Energy PLC
15 January 2004


For Immediate Release 15 January 2004

Alkane Energy plc
('Alkane' or 'the Company')

Analyst Visit and Trading Statement



Alkane Energy is today hosting an analyst visit to its recent acquisition, Pro2
Anlagentechnik GmbH ('Pro2'), in Dusseldorf, Germany.



The acquisition of a majority holding of Pro2 was completed at the Extraordinary
General Meeting on 18 September 2003. Pro2 provides electricity generation, gas
treatment equipment and support services for a variety of sectors, including
coal mine methane, landfill methane and biogas.



Alkane and Pro2 are also developing a number of coal mine methane projects in
Germany, taking advantage of the positive legislative framework, which
guarantees a fixed price for electricity which is more than twice that in the
UK.



Alkane will announce its preliminary results for the year ending 31 December
2003 on Wednesday 24 March 2004.



Commenting on trading, Executive Chairman, Cameron Davies said:



'The acquisition of Pro2 fulfils another part of our revised strategy announced
in March 2003. Pro2 has made a valuable contribution to the Alkane group since
the acquisition and we are delighted to announce that it is starting 2004 with
its strongest ever order book.'

Sounds good,i wonder i might come into profit soon!

Mark

Alkane Energy moved up slightly today,any more to come i wonder??

Mark

Again alkane up today quite a bit,,why???

Mark

Because it was tipped off by Investor's Chronicles issued 30/1/04.

amancs did Investor's Chronicles give a possible target price !!

Alkane sees early move into profits despite 19.7m charge
AFX
Recent acquisition Pro2 delivering but writedown badly hurts full year figures

Alkane Energy PLC said the acquisition of Pro2 in 2003 and thus entry into the European green energy market is proving to be a prudent decision and the group now anticipates an earlier move into profit.

Alkane's results for 2003 reflected the inclusion of Pro2 Anlagentechnik GmbH, with turnover jumping to 7.27 mln stg from 995,000 stg a year earlier and gross profit of 2.35 mln stg, up from 105,000 stg.

The write-down of assets during the year gave rise to an exceptional charge of 19.67 mln stg and the group's loss before tax was 20.7 mln, compared with a loss of 567,000 stg for 2002.

Its shares slumped 12.7% to 12p.