Holding(s) in Company

Alkane Energy PLC
04 May 2007

Alkane Energy Plc



04 May 2007



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 Ltd



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



02 May 2007



6. Date on which issuer notified:



03 May 2007



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



6% to 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
Ordinary Shares   6,429,070    6,429,070   6,444,070   -          6,444,070   -        7.01%

GB0003286613


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
instrument                                             this instrument is
                                                       exercised/converted
-               -             -                        -                         -


Total (A+B)
Number of voting rights                         % of voting rights
6,444,070                                       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 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:



Steve Goalby



15. Contact telephone number:



01623 827927




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