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Message: 9/3b-6z Well Update - Nothing to worry about :-) - trading at $4.91 in london

Xcite Energy Limited

("Xcite Energy" or the "Company")

9/3b-6z Well Update

The Company announces that the 9/3b-6z horizontal well section on the Bentley field is progressing to plan, with all required equipment and personnel on board the rig and the test completion in place. The continuing bad weather is delaying the start up of the flow test and the in-field storage tanker, Betty Knutsen, will be returning to the field today after refuelling in line with normal operational procedures.

ENQUIRIES:



Xcite Energy Limited

Richard Smith

Chief Executive Officer

+44 (0)1330 826740

Rupert Cole

Chief Financial Officer





Arbuthnot Securities Limited

(Nomad and Broker)

+44 (0)20 7012 2000

Antonio Bossi

Director





Pelham Bell Pottinger


+44 (0) 20 7861 3232

Mark Antelme

Henry Lerwill

Director

Paradox Public Relations


+1 514 341 0408

Jean-Francois Meilleur

Consultant





Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This information is provided by RNS
The company news service from the London Stock Exchange
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