Fracking pointless or worth a look…

Posted: August 12, 2013 in Alkane Energy, Companies, Elementis, IGas, Watchlist

Having read a few recent articles on fracking.  And just this morning hearing about the recent backing by no less than our PM who was more than upbeat about the possibilities, that the UK shale gas deposits represent.  I can’t help but wonder if some UK shares which are directly or indirectly involved, are going to be the beneficiaries of any future booms in this sector.

So with this in mind and after doing a bit of scouring around on the internet, I have added Alkane Energy (ALKN.L) and IGas Energy (IGAS.L) to my watchlist, along with another share I have more than a passing interest over Elementis (ELM.L).

I am not sure how things will playout in the UK shale gas scene, but I expect one or more of the above to figure somewhere when the dust settles.

While I don’t have any definite plans, to add any to my portfolio, I would be foolish (I think anyway) not to at least keep a very watchful eye right from the start.

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