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.'
For further information:
Alkane Energy plc
Steve Goalby, Finance Director 01623 827927
Buchanan Communications
Judith Parry/Sophie Morton 01943 883990
Ben Willey 020 7466 5000
This information is provided by RNS
The company news service from the London Stock Exchange IILSISLIS
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