Holding(s) in Company

Alkane Energy PLC
19 July 2007

Alkane  Energy Plc

19 July 2007

Holding in Company



TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):



Alkane  Energy Plc



2. Reason for the notification (please state Yes/No):



An acquisition or disposal of voting rights:                        YES



An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached:
NO



An event changing the breakdown of voting rights:             NO

Other (please specify):                                       NO





3. Full name of person(s) subject to the notification obligation (iii):



Barclays PLC



4. Full name of shareholder(s) (if different from 3.) (iv):



Barclays Stockbrokers Ltd



Gerrard Investment Management Ltd



5. Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):



12 July 2007



6. Date on which issuer notified:



13 July 2007



7. Threshold(s) that is/are crossed or reached:



6% - 7%



8. Notified details:


A: Voting rights attached to shares


Class/type of     Situation previous to    Resulting situation after the triggering transaction vii
shares            the triggering           Number of   Number of voting       % voting rights
                  transaction vi           shares      rights
If possible using Number of    Number of   Direct      Direct x   Indirect xi Direct   Indirect
the ISIN code     shares       voting
                               rights viii
GB0003286613      6,350,009    6,350,009   6,440,534   0          6,440,534   0.00     7.01








B: Financial Instruments
Resulting situation after the triggering transaction xii


Type of         Expiration    Exercise/Conversion      Number of voting rights   % voting rights
financial       date xiii     Period/Date xiv          that may be acquired if
                                                       this instrument is
instrument                                             exercised/converted
-               -             -                        -                         -




Total (A+B)
Number of voting rights                         % of voting rights
6,440,534                                       7.01



9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):



Barclays Stockbrokers Ltd



Gerrard Investment Management Ltd



Proxy Voting:



10. Name of the proxy holder:



N/A



11. Number of voting rights proxy holder will cease to hold:



N/A





12. Date on which proxy holder will cease to hold voting rights:



N/A



13. Additional information:



N/A



14. Contact name:



Geoff Smith



15. Contact telephone number:



020 7116 2913



ENDS


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