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Last point - Only IMO Eden 1st May pre post states 9th May for deal, ALK EDR Shale deal was leaked to press 10th May - prior ALK & EDR as separate business would struggle digesting UKOG & Eden - more so the exploration commitments for 1,000 sqkm + no Capital Value given to nascent Shale resources. That's done now & as the No. 3 Shale Player the combined group could progress something, what I don't know. ALK already share its Welsh PEDL with another G Williams company UK Gas at pontycwmer is producing & ALK dealt with GW on Seven natural Gas Nooks farm acqn where O/S commitment payment are due when Nooks generates electricity, Ex NCB so there positive history there. H.T.H GL . Next news for ALK July trading update last year was on the 9th July - fingers crossed for some uplifting news - well overdue. So bear - there's some news to digest - over & out.

Hi Yadge, been looking - news gone very quiet quote from Eden Energy AUs which shares 17 odd PEDL's with UK Onshore/Gerwyn Williams who owns 30& of GBR - states AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT 1 May 2014 Eden Extends Date for Completion of Formal Conditional Agreement to Merge UK Gas and Petroleum Assets with Existing UK Joint Venture Partner With negotiations and drafting progressing satisfactorily, Perth based Eden Energy Ltd (“Eden”) (ASX Code: EDE) has agreed to extend the final date for completion of the formal agreement with its existing UK gas and petroleum Joint Venture partners to merge their respective interests on the terms detailed in a Heads of Terms announced to the ASX on 25 March 2014. It is now hoped that the formal agreement will be completed by 9 May 2014 or shortly thereafter. The terms of the proposed merger include: Eden will transfer its wholly owned UK subsidiary, Adamo Energy (UK) Ltd (“Adamo UK”) to UK Onshore Gas Limited (“UKOG”) (the parent company of the two UK Joint Venture partners of Adamo UK). Eden will receive £1million in cash together with 33.33% of the aggregate shares then on issue in UKOG (before it undertakes any capital raising). UKOG will hold 100% of all the merged UK gas and petroleum licences. If the £1million cash is not paid to Eden by 30 September 2014, Eden may elect to forego the payment and increase its shareholding in UKOG from 33.33% to 40%. It is intended that UKOG will either: - list on AIM (possibly by way of reversal into an existing listed company) after or contemporaneously with it completing a raising of not less than £10million; or - complete an off-market capital raising into UKOF of not less than £10million. Eden must consent to any such transaction that places a value of less than £36million on the total issued capital of UKOG before such capital raising or takeover. The major shareholder in UKOG, Gerwyn Williams, will lend to UKOG funds to meet all operating expenses, transactional expenses and listing expenses END. - IMHO given the 30/6 -6 year 2008 deadline & the 14th Round DECC scrutiny review of applicants - requiring commitment to very costly drilling obligations etc on 1,000 sqkms - non of these companies GBR/Eden/GW would need considerable funding (£36m EDEN/UKOG - above) > their current Net Assets & GEF fund raising vehicle but EDR required £7m in a placing ear marked for drilling - big cash ask - can happen with a farm in obviously so IMHO - I view the absence of news in all directions as possible guess - negotiations could be/ are happening but have no firm ideas. The rich shale reserves would interest EDR & ALK especially CBM and they could assist in f

Countering any -ve views I've cut & pasted parts for 3-4 articles . U.K. Geological Survey Shows Shale Is Below Water Sources Bloomberg Layers of shale in the U.K. that may meet decades of domestic gas demand when drilled are well below water aquifers, minimizing the risk of contamination. A study by the British Geological Survey and Environment Agency found that 92 percent of the shale in the Bowland basin is 800 meters (2,600 feet) under the principal water sources. In the Weald in southern England, the rock lies 650 meters below the water table. “This would support the industry’s assertion that the chance of contamination of aquifers from shale activity is infinitesimal,” the U.K. Onshore Operators Group, an industry lobby, said in a statement. Sealed wells The study highlights where the rock layers may be too close to the aquifers for fracking to go ahead. It finds that the Bowland Shale in northern England - the first to be investigated for shale gas potential - runs below no fewer than six major aquifers. However, the study also says that almost all of this geological formation - 92% of it - is at least 800m below the water-bearing rocks. Industry officials have always argued that a separation of that size between a shale layer and an aquifer should make any contamination virtually impossible. They say that wells are sealed with steel and concrete as they pass through water-bearing rocks and that any fissures created by fracking far below would be highly unlikely to spread through hundreds of metres of rock. Dr Rob Ward, director of groundwater science at the BGS, said the aim was to provide a baseline understanding before any fracking starts. "In the United States, they didn't carry out a baseline survey before the industry took place and that has resulted in controversy and uncertainty about the source of methane in drinking water," he said. "We now have a window of opportunity to collect data on methane before any industry goes ahead. If we see increases in methane in groundwater which may be attributed to shale gas, we'll be able to spot those." So far, no definitive distance for separation between shale and aquifers has been set but a limit of 400m has been suggested because water from below that depth is rarely considered drinkable. The good news BGS will survey before any production - something the USA didn't comply with shows UK is responsible & well regulated. HTH GL

See News Think Ineos priot & Shale - Tata Steel Port Talbot - Quote The company employs 7,000 people across Wales, with the majority at the Port Talbot site. Around 400 jobs are to go at the Tata steelmaking plant in Port Talbot, the company has announced. Chief executive Karl Koehler said the changes were vital if the company was to remain competitive. He pointed to the UK's high business rates and "uncompetitive" energy costs as factors in the decision. 'Competitive future' The company said in statement the job losses would reduce costs and enable it to compete in an era of lower market demand. Mr Koehler said: "Steel demand and prices are likely to be under pressure for some years. Our business rates in the UK are much higher than other EU countries' and our UK energy costs will remain uncompetitive until new mitigation measures come into effect. "These proposed changes then are vital if we are to build a competitive future for our strip products business in the UK." The company spends £60m on electricity in Wales alone, and pays about 40% more for the electricity than competitors in continental Europe. The government introduced measures in the last budget to reduce energy costs for heavy industries but they do not come into force until 2016. Bottom line Tata are reviewing a Multi Million £ energy internal plant guess Nat Gas then IMHO Guess only USA shale then UK Shale Guess Only - Anybody is there a MAcro Economic Revolutionary change happening or what. THe times they are a changing - unfortunately not in the SP - Did anyone see Dor today all those rampers I kicked out at the 300 posts per/Hr talking SXXX!! hyping unrealism - not for me as you can see Alk gone Neg but give our BOD & potential anyday. Warning when you post fact - it's ignored does any real investor not query it. I love ALk BB all I try is give info like Kenstaff I'm new OTP but I'm ALK & EDR & UK energy investment through. Goodnight

Ineos - developments ALK/EDR hang on there by their UK by coat tails whilst Cuadrilla drive in upstream revolutionary times. Good night - I'm not going to post Germany 3 INdonesian 1 x 300 times for ALK to get a rating. Substance over form. All I hope there is info for ALK & EDR PI's to enjoy the challenge & to benefit from end of. UK energy crisis too important to be left alone. LOve Ratcliffe Ineos - does he or does he not do it Max it - lesson for the kids. Dream make it happen 'Sir John Harvey Jones ICI in the `1980's one of my heroes - read his WW 2" experiences. Total Respect.

Exhausted teeing everyone - This is from Ineos - Remember Resources/Opportunity/Desire(& Timing from Competition) Ineos Turns to Shale Gas to Bolster Chemicals Business By Nidaa Bakhsh Jun 13, 2014 9:58 AM GMT+0100 Quote Ineos Group AG is considering investing in U.K. shale-gas exploration to secure raw materials for its chemicals operations in the country after a shortage threatened to close a plant employing at least 800 people. The country’s biggest petrochemical company has charged a team of five people to look into options including supporting the nascent shale industry by investing in exploration and production, according to an article in an in-house magazine on its website. “The reason for putting together this team is to look at what the options might be for us,” Tom Crotty, a director of the Rolle, Switzerland-based company, said by phone on June 9. “We may buy into something that’s already there” or pick up acreage in the 14th onshore licensing round, he said. Energy-intensive industries such as chemicals are having to compete with companies that have access to lower-cost materials in the U.S., where shale drilling caused gas prices to drop to about a third of European levels. While Britain under the Conservative-led government would like to replicate the U.S. fracking boom, exploration has yet to get off the ground. “We are frustrated by the lack of progress,” Crotty said. “We need companies to be getting on with it.” Ineos’s petrochemical plant at Grangemouth in Scotland faced closure last year as supplies of feedstocks from the North Sea dwindled. The combined petrochemical and refining operation, which employs 1,400 people, had lost about 150 million pounds ($252 million) a year in the last three years, according to the website. Survival Plan The company announced a “survival plan” in October to secure the long-term future of the site that includes building a gas terminal to import ethane from the U.S. It was forced to run one of its ethylene plants below capacity because of insufficient feedstocks, and the unit is expected to operate fully from 2017 following raw material deliveries from the U.S. The British Geological Survey estimates that parts of northern England may hold as much as 1,300 trillion cubic feet of gas. That could meet demand for half a century at an extraction rate of 10 percent similar to U.S. fields, according to Bloomberg calculations. A similar report is being conducted for the Scottish belt. Several licenses lie close to Ineos’s production facilities in Scotland and northern England. Reach Coal Seam Ltd. has PEDL 162 which covers 400 square kilometers (150 square miles) in the Scottish central belt that the company is seeking funding for and is in the process of negotiating a farmout, company director Graham Dean said, without specifying who the talks are with. Backers Sought Reach needs 12.5 million pou

Prev posts - Any lease licence value is determined by many factors - the short expiry date /non compliance to the terms of the lease so on/ negative 2008 land banking wasting UK time - self explanatory DYOR this applies to 2008 PEDLS not worked/drilled/explored or received due diligence ( OR JUST LAND BANKING) DECC woken up and are policing the exploration issues with so called explorers & or the compliant opportunity great (when your No.3 with a combined Drilling EDR & upstream ALK) - coupled with 14th DECC new round 'Priceless' IMO no recommendations HTH ATB We could get new ground 14th & non compliant 2008 double whammy. Only IMO DYOR HTH

GBR AIM Co is linked to UK Onshore (Gerwyn Williams) DYOR IMHO HTHwere to float with Eden assets no news?? See BB posts 4 mths ago - why important look at the reference by GBR to exporting shale -- Ratcliifee Ineos has started Klesch is buying Murco Oil refinery W Wales European Oil & Chem manufacturer deep water port - the times they are a changing. GBR) GLOBAL BRANDS – UK ONSHORE GAS BB see below 23 Mar '14 aceinvestor The Times 0.29 No Opinion One hundred years after Welsh coal powered the British Empire, a shale gas explorer is set to be the first to float in London on the back of a gas boom in the Principality. UK Onshore Gas, which will start drilling in June, believes that Wales is sitting on so much shale gas that it will start exporting it to the rest of the world. Gerwyn Williams, chairman of the family-owned business, said that the Milford Haven terminal in South Wales, which imports liquefied natural gas from shippers could be reconfigured to export the fuel. This would put Wales in direct competition with Qatar, one of the world’s biggest exporters of LNG.—Tim Webb, The Times, 21 March 2014 I wonder if he wants Qatar to invest! 21 Mar '14 aceinvestor kenstaff 0.29 No Opinion Look them up https://www.og.decc.gov.uk/information/licence_reports/databycompanyandblock.html UK Onshore Gas ltd. which is what gbr will be after the rto. 21 Mar '14 kenstaff All Hail to the Shale 0.29 No Opinion Thought I had most of the Uk Shaleys nailed... Whats this Global brands, & what %%%% whom do they own?? Currentlyt in IGAS DART ALKANE UJO Europa Oil and Gas 21 Mar '14 aceinvestor dhusting 0.29 No Opinion A lot happening pan European.

As per earlier posts Shale resources in UK2008 PEDLS expiry dates or renegotiation with DECC - INFO only big things are happening don't be deceived by the apparent tranquillity of ALK & EDR - only an example no direct inference or recommendation only an Obs Mkt activity. ATB DYOR HTH Only my view. Eden Energy Aus Replies to a shareholder Query – Quote: 29 May 2014 ASX Compliance Pty Limited Level 8 Exchange Plaza 2 The Esplanade PERTH WA 6000 Attention: Mr Adam Russo By Email: Adam.Russo@asx.com.au Dear Mr Russo, EDEN ENERGY LTD (“the Company”) – PRICE AND VOLUME QUERY We refer to your letter of 29 May 2014, and in relation to the questions raised by you concerning the recent increase in both price and volume of trading in securities of the Company during trading yesterday and today (28 May and 29 May 2014), we comment as follows:- 1. Is the Company aware of any information concerning it that has not been announced which, if known, could be an explanation for recent trading in the securities of the Company? No. 2. If the answer to question 1 is yes, can an announcement be made immediately? If not, why not and when is it expected that an announcement will be made? Not applicable. 3. Is there any other explanation that the Company may have for the price change in the securities of the Company? The directors of the Company believe that the recent increase in share price and volume may be due to the following matters: 1. Negotiations are still continuing with Eden’s UK joint venture partner in relation to a proposed merger of our respective interests in a UK coal seam methane/ shale gas joint venture, as announced to the ASX on 25 March 2014 and 1 May 2014; Points 2-4 local issues The Company confirms that it is in compliance with the listing rules and, in particular, listing rule 3.1. Yours faithfully Gregory H. Solomon Executive Chairman UK Gas Assets HIGHLIGHTS Shale Gas RPS, an independent expert, reported the unrisked P90 Resource Volumes of Shale Gas in the Numurian Measures on 7 Petroleum Exploration and Development Licences (PEDLs) in South Wales in which Eden holds a 50% interest (covering a prospective area of 806 square kilometres) are: • Volume of Gas Initially in Place (GIIP) – 34.198 TCF (Eden's share -17.099 TCF) • Recoverable Volume – 12.799 TCF of gas (Eden's share – 6.349 TCF) Coal Bed Methane RISC reports that estimated Gross Contingent Resources of Coal Bed Methane contained in the 10 PEDLs in South Wales (covering a prospective area of 247 square kilometres) in which Eden holds an interest are: • A 1C to 3C range of 687-1,363 BCF with a 2C estimate of 980 BCF RISC, an independent expert, reported that the estimated Gross unrisked Prospective Resource of Coal Bed Methane contained in the 17 PEDLs in South Wales, Kent and Bristol Somerset (covering a prospective area of 1068 square kilometres) in which Eden hol

Another piece of the jigsaw confidence in Shale Ethane raw material - acquired from BASF When have we done this See website 30 June 2014 Acquisition By Ineos Rolle, Switzerland and Ludwigshafen, Germany, June 30, 2014 – INEOS will acquire BASF’s 50% share in Styrolution, a joint venture between the companies. The purchase price to be paid by INEOS amounts to €1.1 billion. A call option in favor of INEOS to buy BASF’s share in Styrolution was already included in the shareholders’ agreement signed in 2011. The transaction is subject to approval by the appropriate antitrust authorities. Styrolution will continue to operate as an independent company until the completion of the deal, which is expected in the fourth quarter of 2014. “Styrolution has fulfilled its promise as a globally competitive business that competes effectively with large-scale producers from Asia and the Middle East. We are pleased to bring Styrolution fully into the INEOS family. After the purchase, Styrolution will be run separately as a standalone company within INEOS, and continue to operate as it does today,” said Jim Ratcliffe, Chairman, INEOS Capital. The business will be a subsidiary of INEOS Industries Holdings Limited. Styrolution was founded in October 2011 as a 50-50 joint venture between BASF and INEOS, and is the leading, global styrenics supplier

Go to bottom page Click on more viewpoints and the info appears in a proper table. Good night - Best Board serious open minded people in Energy, thirst for knowledge we can all learn from each others experience I' learning thx keeping the board going Vera - its been a pleasure - the 30 post an hour group to keep the score rate running spread bet spoil investing really - should bet on football. At the end of the day it is jobs/environment and general prosperity long term not 30 seconds. GN ATB THx

ALK at rare crossroads as with similar EDR - rarely will you get Expiry June 2014 for so many OLD PEDL licences - a New Head Master/New Rules/Tougher Regime - Michael Fallon DECC 24th June & New supply release 14th Round - the negotiations that are happening will transform our investments - we are in the midst of a very real sea change - I pointed out PEDL stragglers - take also a Magellan Petroleum Weald OIl - copied next (David Lenigas - he could well make a move on the former not a recommend Obs only FYI DYOR ATB Example of Watershed Opportunities – June 2014 6 year anniversary – Different Head master/ New Rules & Its UK fashioned . From ALK perspective The below table summarizes the permits we maintain in the UK as of June 30, 2013 Page 17. See Co Website PEDL 126 Weald Expiration Date - 6/30/2014 Northern 40% 30,124 12,050 (Gross Net Acres) PEDL 137 Weald Expiration Date 9/30/2013 Magellan 100% 24,525 24,525 (Gross Net Acres) PEDL 155 Weald Expiration Date 9/30/2015 Northern 40% 13,029 5,212 PEDL 231 Weald Expiration Date 6/30/2014 Celtique 50% 98,800 49,400 PEDL 232 Weald Expiration Date 6/30/2014 Celtique 50% 23,342 11,671 PEDL 234 Weald Expiration Date 6/30/2014 Celtique 50% 74,100 37,050 PEDL 240 Wessex Expiration Date 6/30/2014 Northern 23% 1,778 409 PEDL 243 Weald Expiration Date 6/30/2014 Celtique 50% 74,100 37,050 PEDL 246 Weald Expiration Date 6/30/2014 Magellan 100% 10,769 10,769 (Gross Net Acres) PEDL 256 Weald 4 Expiration Date /30/2015 Northern 40% 11,115 4,446 P 1916 Wessex Expiration Date 1/31/2016 Northern 23% 11,535 2,653 From 2013 USA accounts. - Shows the oppos for ALK on Foreign owned PEDLS- oppo. Thx HTH Info only.

Thanks for getting the board moving Bear thank you for you patience I got crossed wired see the 'Ethane message for feed stock for Ineos - they have just acquired €1bn chem from BASF - Please see where my info came from - bow to your superior knowledge of Oil my fault sorry, US shale gas plan to make Grangemouth profitable Ineos unveils plan that will transform the economics of the loss-making Grangemouth site, making it almost instantly profitable Britain is to see its first deliveries of US shale-derived gas in 2016 when Ineos completes a £300m investment programme at its Grangemouth plant in Scotland. The chemicals giant that had threatened to close Grangemouth in October after a bitter industrial dispute, has revealed a plan that will transform the economics of the loss-making site, making it almost instantly profitable. Central to the plan is the construction of new shipping and storage facilities to handle imports of ethane, which is 75pc cheaper in America due to the shale gas revolution. Ineos has agreed a long-term supply deal, spanning 15 years, with US oil and gas group Range Resources. The import of cheap ethane will allow Ineos to run its KG chemical cracker at full capacity of 700,000 tonnes a year - twice the rate currently possible due to the decline in gas feedstocks coming out of the North Sea. Calum MacLean, chairman of Ineos’s Grangemouth site, said: “Running the cracker at 100pc is the biggest single thing that will turn this business from loss-making to profitable.” He said it would allow Grangemouth to “produce ethylene on a competitive basis”. The Grangemouth site, which includes the adjacent oil refinery 49pc-owned by PetroChina, has lost almost £600m over the past four years. It is currently losing about £10m a month due to the combination of high labour costs and dwindling feedstocks. Even allowing for the cost of shipping ethane from America, Mr MacLean said: “Typically, the feedstock being landed here will be 50pc of the price of the gases being sourced from the North Sea.” To store the imported gas, Ineos plans to invest £125m on a 40m-high gas storage tank, capable of holding 33,000 tonnes of ethane, and related infrastructure. It will feed a site using 1,500 to 2,000 tonnes a day.

Quote from website (Even more relevant now after today Klesch/ Murco Oil deal) – ‘Whilst European gas production is crumbling, America's is booming. INEOS has a bold, pioneering plan: to ship US ethane gas to Europe bringing competitive advantage from America into Europe. The company has secured 15 year contracts for the purchase, distribution and shipping of ethane from the US, underpinning the economics of its petrochemicals assets in Europe for many years to come. This first, in a series of short films looks at the design and build of highly advanced, sustainable vessels that will be essential in supporting the INEOS plan. They are the largest, most flexible, advanced multigas carriers ever built’. So – over time The ships can import Shale from the US can also Export UK Shale Gas & are UK owned – in time watch the video very revolutionary and interesting from a UK perspective – actual energy innovation – love Ineos Ratcliffe bold visionary, next to my photo of Lord Browne Cuadrilla & a 35m drilling rig – Mrs Hates it. Background info of an emerging energy resource European market - very interesting I believe IMO ATB - With legislation changes DECC 24th June - The times they are changing - I know Retail PI's run the < £50m Mk Cap Club but the +6% JPM 'FUND' picked up in EDR is/maybe a change of sentiment - first entrants advantage so to speak. Of EDR's natural Gas sites Ralphs Cross has planning for drill so guess what in 5-6 mths time ALK /Edr state found 2bcf (One of many) and ALK convert to energy monetising ED resources both companies gain & ALK enjoys the jump in its 20% of EDR. Plodding days could start be declining- EDR & ALK have so much held- back potential because of planning & permitting blocks - release that and the SP will flow & then maybe attract some retail interest - not yet but soon. The new DECC initiative does that.

Quote - 'Entrepreneurial thinking... Transforming European business by shipping shale gas from the US' - say no more. The switch to UK Shale 'Priceless' ahead of the curve.

Sorry rushed last point - Ratcliffe owner INeos & Grangemouth refinery and PLastic manufacturing cracking plant is getting USA shale import ready 1-2 yrs £300m spend - see any press, Murco Oil refinery previous post could go the same way. Why important - they will be Shale ready (adapting to cheap USA Shale) for any commercial UK Shale production maybe 2-3 hence - Market ready, don't rule out Essar Stanlow follow same suit. So a break even refinery struggling business model at current UK Brent cost +$100 barrel could be transformed & refine UK Shale after an interim flirtation with USA shale at $30/barrel suits a Chemical/refinery more rather than pure refinery as plastic raw material cost smashed - see BASF Chemicals investing in the USA plants next to Shale reserves and pressurising Germany to Frack BASF - Germany Leans Toward Allowing Fracking quote BERLIN — In a potential shift in German energy policy, the government of Chancellor Angela Merkel is preparing a framework that would let energy companies extract oil and natural gas by the controversial practice of hydraulic fracturing, or fracking.

US oil tycoon helps save 500 jobs by digging deep for Welsh refinery Gary Klesch, the US oil tycoon, has signed an agreement in principle to buy the struggling Milford Haven oil refinery in Wales. The breakthrough in Mr Klesch’s negotiations with the Department of Energy & Climate Change and the Treasury over a potential financial aid package will come as a relief to the loss-making plant’s around 500 staff. Ineos blazed the trail and are building a £300m port/storage for USA Shale - reduce energy costs and refining product cost - turn the business model around . Murco has a deep water access next to Dragon LNG & South Hook Qatar owned - Klesch Germany plant Heide is same size also deep water and 80/20 split refining chemical. Is this the further evidence a a recovery - long term in investing in the UK?? IMO only DYOR research and could this plant refine shale in 3-4 years, also new gas turbine plans - locally Hirwaun & Swansea Watt power 299Mw only scheduled to run 1500 hrs p.a. natural Gas - only respond to peak - a Coal/Nuke plant 24/7 even when there's no demand - hard to store surplus power efficiently. New veristile gas plants can use shale. BAckgound info only - still investment in the UK in a depressed market - this is not a closure, turning point?? ATB - Ken speak soon. Off 2 days. Thx for your

I read your posts Ken where -ever - Igas to CRES and learn - love you hear comforting insight & all the ALK faithful which is a tolerant Board not like other greedy short term crap - I enjoy being a shareholder * learning - not a 20 second hero. Thx

Yes I'm very similar & observed but have not run the numbers on Geotherm - but there is legislation afoot to allow it - which can never be -ve & from the 24th June Statement Quote Michael Fallon Similar issues affect the nascent geothermal sector. • Our new proposals, aim to address this problem by simplifying procedures which are costly, time-consuming and disproportionate for new methods of underground drilling. • There are three elements to the proposal: a right of underground access below 300m for shale and deep geothermal companies, a community payment in return for access and a notification system for the community, I take on board all your points and as a bean counter - there always has to be risk management or in ALK's case risk of inertia & PR avoidance - as a geek I will enjoy researching this mode of energy geotherm . My lost points were the likes of Eden Energy Aus have 1000sqkms of licence in Wales - excluding SG - discuss CBM - geotherm CMM from 100plus Collieries. THese are all Ex NCB known so's ALK Ex NCB. Agreed Geotherm we have not started yet and will have increasing acreage (Incl 14th) for all energy options & then apply to that increase more lenient legislation reducing costs cutting shorter planning & permitting times - must help at sometime. Interesting Obs & times ahead IMO.

Again I really appreciate sound judgement and experienced advice - from SHs with far greater knowledge than I can ever profess and I enjoy learning from it - I really enjoy counter views only way to grow as a PI - other peoples views. TO NOTE - Copied form Egdon Website - I'm Biased - Neil is Ex Coopers & Lybrand - Were pre 2000 !! before Price Waterhouse - Best firm of Accountants IMHO and training !! Egdon Website RNS News Release 27 June 2014 - Appointment of Non-Executive Director Egdon Resources plc (AIM:EDR) is delighted to announce the appointment of Neil O’Brien as a Non-Executive Director of the Company with immediate effect. Neil is Chief Executive Officer of Alkane Energy plc which holds 40,000,000 ordinary shares of Egdon, representing approximately 18 per cent. of Egdon’s issued share capital. Neil is a qualified Chartered Accountant with over 20 years’ management experience within the UK and Europe. After qualifying at Coopers Lybrand, Neil joined Blue Circle Industries PLC where he held a number of senior financial roles including a period as Finance Director of Blue Circle’s French based Heating Products operations. More recently Neil was Finance Director at Speedy Hire PLC the UK’s largest rental company and a FTSE250 member. During Neil’s ten years at Speedy Hire the group was transformed from a generalist building group to focus on the Speedy brand which grew revenues to over £450m in 2008. Neil joined Alkane Energy plc as Chief Executive Officer in November 2008. Neil Christopher O’Brien, aged 51, Come on Neil =- Tracy Island Int Rescue - can take an average quoted Co to becoming Speedy Hire as FD ( Mind you FD!!) a Branded FTSE 250 Hire Co and change product focus direction ( Isn't this is what HE is trying & doing now)!! shows 'Sales marketing vision - obviously has PR City skills but lacked financial critical mass & therefore been subdued - & these skills rarely exist in a bean counter- I know!! - For an FCA to be CEO of any quality Quoted Co - WOW - IMHO wets my whistle - that's why I think - the times are a changing in - I reckon N O'B is worth at least 50p a share min - in 12 -18 months. I don't bet. When Neil & Mark ABB EDR get together - time - ALK took 12 mths to chose EDR for SG deal & the rationale will be delivered in the next 6 months -All for a reason - MAX gain EDR best options to unfold - I trust his judgement - the Notional interest guys might get wrong footed soon - to much opportunity in the ground 14 th CBM & Above STOR There is a revolution happening in Energy & types of & Exploration incl CBM- ALK is in the Midst top 3 SG Explor of this - expansion/legislation freedom about in all directions and a looming Energy crunch yards away. I do agree this is all taking too long and not reflected. Excluding SG -focus on Powergen ALK must acquire some one soon or expand capacity & resource in Pa