Alkane Looking for Partners Before Drilling for U.K. Shale Gas

Alkane Energy Plc, the U.K. producer of electricity from coal-mine methane, is on the hunt for partners to explore for shale gas at its licenses in central and northern England.

“We’re starting conversations,” Chief Executive Officer Neil O’Brien said today in an interview in London, declining to name the potential investors. “We’re talking to people about how to extract value from our licenses.”