Thursday, February 16, 2012

Alkane Energy farms out interest in two UK CBM blocks

Alkane Energy Plc has signed a partnership agreement with Aberdeen Drilling Management Ltd (ADM) to explore 2 of Alkane’s Petroleum Exploration and Development Licences (PEDL 191 and 90) with coal bed methane (CBM) potential in Nottinghamshire and in East Midlands, UK. Envoi is acting as an advisor to Alkane for this transaction. Continue reading here..

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