Welcome To the Xcite Energy Limited HUB On AGORACOM

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AGORACOM NEWS FLASH

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

Message: Xcite Energy News Release - Feb 16- Bentley Deployment

TSX-V, LSE-AIM: XEL

16th February 2012

Xcite Energy Limited

(“Xcite Energy” or the “Company”)

Site Visit

Xcite Energy announces that it will today host a site visit for media and analysts to the Rowan Norway Jack-up Rig currently moored in Dundee, ahead of its deployment to the Bentley Field. An overview presentation, containing no new material information, will be given as part of the visit.

The presentation will be available at www.xcite-energy.com. ENQUIRIES:

Xcite Energy Limited

Richard Smith

Chief Executive Officer

Rupert Cole

Chief Financial Officer

Pelham Bell Pottinger

+44 (0) 207 861 3232

Mark Antelme

Henry Lerwill

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