(XEL) Xcite Energy

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Xcite Energy Ltd Xcite Energy Limited ("XEL") is a TSX-Venture and AIM listed, independent oil company, which is focused on the development of heavy oil resources in the UK North Sea. Through its UK subsidiary, Xcite Energy Resources Limited ("XER"), XEL currently owns a 100% working interest in the Bentley heavy oil field on Block 9/3b in the North Sea. The Bentley field is an asset being brought into development, with independently assessed 2P reserves of 116 MMstb for the core-area of the field. Significant potential upside recoverability exists through prospects on the South and East of Bentley and through enhanced oil recovery techniques. XER is focused on bringing the Bentley field into commercial production. Visit the Xcite Energy Ltd website

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