Bit of info9 Oct 2017 21:27
Take Gerwyn Williams, a serial Welsh energy entrepreneur based in Bridgend. Companies house shows he has 18 current directorships has resigned from a further 17 boards and been a director of seven companies which have been dissolved. One of his companies, Coastal Oil and Gas, is owned by Thistle Gas which is owned by UK Onshore Gas. This company, in turn, owns UK Methane, which is looking to explore for shale gas in the Welsh valleys and near Bath.
Some of Williams's companies have offshore investors but one small investor is a company called Sigma Exploration. It has a director named John Killer, based in Beccles near Norwich. Killer has been around energy companies for many years.
Indeed he and Williams both sat on the board of Seven Star Natural Gas until it was sold to the AIM-listed Alkane in 2011. Alkane insists it is not interested in shale gas. Whether it will be drawn into that arena remains to be seen. As a profitable listed company it is in a strong position to pick up smaller energy companies which do not have the resources to fund expensive development costs.
So it looks like they will own the lot!