(XEL) Xcite Energy

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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

Buy UK shares for £1.50 with our regular investing service. Real time trading at £10.

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05:15	Buy Re: Xel already sold	toph1873	2


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With all due respect i have been hearing that for nigh on a year.. from 'reliable sources' IF Xcite was 'already sold' or close to being sold the SP would be at least 3 times this level if not higher. It may be soon, it may be a while but when the SP trebles in a week then we will know... the last to know as always. More View thread 2 Respond Login to Vote up
00:21	Xel already sold	thewatcher74


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IMO, revised fdp, delayed production, delayed Decc submittal, just a few things that suggest xel are buying time, spending the absolute minimum until the deal can be finalised in 6-9 months. Sold IMHO If xel wanted to develop this field they would be producing in 2014, cole always said the most important thing is to get the oil out ASAP. Anyone remember an interview conducted around the time of ewt where cole said something along the lines of " a major might want to develop the field differently" well they do, they want to sack off 1b and start producing much barrels straight away, meanwhile xel are accommodating them by applying for their plan to be approved. All IMO More View thread 2 Respond Login to Vote up
Sun 23:59	Buy Take it or leave it	3Dimensional	1


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"Our 2P Reserves for Bentley now stand at 250 million barrels, with a discounted net present value after tax of approximately $2.2 billion. This represents an increase of over 116% against the previously reported 2P Reserves of 116 million barrels). -------------------------------------- Don't worry we are only trading at an 80% discount to our Bentley NAV LOL, you really could not make this stuff up, unfortunately this is what happens when certain "spread betting" firms rub shoulders with a few friendly hedge funds, pIGs the lot of them.....its as clear as daylight to see what is being done to this stock and its SP but not for much longer though, thank the Lord 3D More View thread 1 Respond Login to Vote up Trade this long or short with an interactive markets spread betting or CFD account.
Sun 21:40	Sell get rid!	TrekMadone	2


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Annual bonus next month hoping for £5k top up - just watch it rise in the run up! 100% confident in my research. Come on hedgies bring on 80p! Think yer hard enough! LOL! More View thread 1 Respond Login to Vote up
Sun 21:09	Re: whats up eejit2010	upanchors


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250 mmbls soon to become 499mmbls utterly incredible , and in a politically safe and stable part of the world , manna from heaven to the big boys or anyone else for that matter, How many shares has eedjit 2010 and his friends fleeced fro PI`S don`t let it be you thats next. XEL best buy on AIM!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! More View thread 2 Respond Login to Vote up New £5 frequent trader rate - trade UK shares, investment trusts and ETFs
Sun 20:59	Buy whats up eejit2010	upanchors	12


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you and your others given up attacking the geology and engineering , of Bentley now that you have all been totally discredited on these fronts. Results of splendid EWT and upgrade announcement totally wiped the floor with your little party did it not PMSL. BoD doing a first class job here . forget the PR BS what`s the point , usual crew sit back wait for the momentum generated by RNS`s to die off then short the backside off it , been happening for months . Fundamentals that grow better by the day as more and more data is analysed will be the death of these clowns, it will be like a bolt out of the blue and not too far off when it happens ,far too many big guns interested in this and someone will make a move very soon , forget 2016 we will be swallowed up long before that. Sit tight hold on to your paper it`s worth a lot of money. XEL best buy on AIM!!!!!!!!!!!!!!!!!!!!!!!!!! More View thread 2 Respond Login to Vote up
Sun 20:05	Re: Divergence anyone	twl2009


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try again http://www.dropbox.com/s/7vgbvnrsev4j2qv/Screen%20Shot%202013-05-19%20at%2008.45.28.png More View thread 2 Respond Login to Vote up
Sun 19:31	Re: shareholding analysis updated	Cantseethewoodsforthetrees


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Ok - thanks. Not sure the update's worth much! A couple of hedge funds keeping their heads down, I suspect. More View thread 18 Respond Login to Vote up Trade this long or short with an interactive markets spread betting or CFD account.
Sun 19:24	Divergence anyone	twl2009


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www.dropbox.com/s/7vgbvnrsev4j2qv/Screen...%20at%2008.45.28.png More View thread 2 Respond Login to Vote up
Sun 18:46	Re: shareholding analysis updated	frankobe	1


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Have another look. the 17th May version is up again. I think they've just updated their pr computer to a 1990 Amstrad model, hence the fiasco. It might explain the excellent pr over the past two years. More View thread 18 Respond Login to Vote up New £5 frequent trader rate - trade UK shares, investment trusts and ETFs
Sun 18:46	Re: shareholding analysis updated	chappi10


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Cantsee I had that problem! (it has been updated though) Something to do with the cache I believe. ATB More View thread 18 Respond Login to Vote up
Sun 18:30	Re: shareholding analysis updated	Cantseethewoodsforthetrees


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Not updated, as far as I can see: http://www.xcite-energy.com/investors/shareholding-analysis More View thread 18 Respond Login to Vote up
Sun 15:40	Re: Valuing Xcite	HRGGIBBON	37


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It is not that the directors can't do anything about the price. They just don't think the most productive use of their time is to go gallivanting on roadshows to PIs just to get the price to 110p or 125p or whatever. Then what? To get the derampers of this world trying to get it back to below a pound just because there hasn't been news for a few short while. Much better idea is to focus on getting the more pressing work done and we all know what that is. Share price at 90 or 95 or 120, frankly not much difference to me. Don't lose sight of the bigger picture. GLA, HR More View thread 2 Respond Login to Vote up Trade this long or short with an interactive markets spread betting or CFD account.
Sun 14:02	Re: shareholding analysis updated	pinkisback	1


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Yes thats maybe the case Eric and I was told they did not know of the Global sale as it happened but were told via the right channels a few days later and correctly issued an rns .I would though want to find out where those shares went if it was me and such a large chunk of the shares had been sold.They were done so to avoid the threshold coming into play so the buyer wanted to keep it secret that is obvious. Surely by obtaining or looking at the share register they can find out ? Maybe if they did go to Scap or Socius it was a relief rather than a hostile potential bidder. More View thread 18 Respond Login to Vote up
Sun 13:29	Re: shareholding analysis updated	EricBal


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About holdings above 3% that have to be reported; Cole stated on the AGM that in principle conpanies have to play the game that way, but not all the conpanies play the game that way. He wasn't giving us a hint with that iko, but he was saying with it that they are not alsays aware of who is holding more than x percent. More View thread 18 Respond Login to Vote up New £5 frequent trader rate - trade UK shares, investment trusts and ETFs
Sun 13:25	Re: Zero, your chance to "keep it real"	Zero to infinitea


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So your valuation of the potential target price is utter tosh. -- No. They are my own target prices, therefore not utter tosh. You may have a different target price, whatever that may be - good luck, it's a gamblers market so realistic targets are more attractive to me than the over hyped tosh that gets frequently posted on here.. More View thread 10 Respond Login to Vote up
Sun 11:46	Re: shareholding analysis updated	investor2010


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Well, Pink is Back, I spotted it had been updated last night and posted at 22:22 last night on this. I think some browsers default to a cached version where possible. You can go into Options and empty your cache regularly, or if you open such a page, press Ctr R to reload to make sure you are getting the latest version. We don't really know who owns these share - it is possible - within the bounds of possibility that 19m shares have been obtained in 3 lots and held by proxy companies so they are all under the reporting limit - but in the end, that is just guesswork. The pattern of trading in late 2012 showed that SCAP had plenty of shares. It is possible that a combination of these things is at play - eg just under 3% to an II, and the remainder to SCAP for their own purposes. We will never know for sure - but what we do know is that Rupert has said that newsflow is months away here and he will not attempt to improve PR. More View thread 18 Respond Login to Vote up
Sun 11:12	Re: shareholding analysis updated	chappi10	1


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Pink, yes I knew we where due an update (6 monthly)...........someone must be doing some overtime this morning More View thread 18 Respond Login to Vote up Trade this long or short with an interactive markets spread betting or CFD account.
Sun 11:10	Re: shareholding analysis updated	pinkisback	1


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chappi i2010 is correct it has been updated to 17/5 just in the last few hours.It hadn't earlier this morning ? Someone working Sundays !!!!! More View thread 18 Respond Login to Vote up
Sun 11:06	Re: shareholding analysis updated	pinkisback


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Investor I checked this morning and it hadn't been updated now it has ! I have never said these had been sold to an oil company in fact I was pretty sure they hadn't OFFICIALLY .You are maybe right about Scap but they may also have been taken up by Socius and my theory was that they could have got rid between 20th Nov and now but retained their holding so knowone was the wiser and taken a fee from Global .The price in those transactions of 95p was exactly the price the Socius deal was done at and a coincidence ? Global couldn't have sold on the open market themselves as it would have crashed the price.Rupert said at the AGM I believe that Global and Socius weren't hostile so maybe Global having been told they weren't going to be called upon again simply took the decision to sell up and wait for thr big pay day like us all in respect of the warrants .These have in effect already been purchased as the price is fixed and they have 2 years left to take up . Strange also that just before this update volume fell off until the AGM so have they all now been disposed of ? We will see this week what the trend is but the sooner this comes to an end and the shares have a chance to behave naturally then the better chance we have of a rise and maybe a few institutions getting involved . More View thread 18 Respond Login to Vote up New £5 frequent trader rate - trade UK shares, investment trusts and ETFs
Sun 11:01	Re: shareholding analysis updated	investor2010


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Chappi, it has been updated. Your bookmark must keep drawing from your cache. Clear your cache and visit the link, and you will see it says: As of 17 May 2013 the substantial shareholders for Xcite Energy Limited was as follows: Shareholder Shareholding Holding % Socius CG II, Ltd 18,750,000 6.43% Rupert E. Cole 7,000,000 2.40% Stephen A. Kew 6,212,619 2.13% Shares not in public ownership 13,698,900 4.69% Total number of shares in circulation: 291,811,000 Total number of unexercised share warrants: 16,250,000 Published : 18 May 2013 14:42 UTC I accept it is just a mistake on your part - but it has been update and there is nothing new. More View thread 18 Respond Login to Vote up
Sun 10:59	Re: shareholding analysis updated	chappi10


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Investor2010......... "Chappi and others seeking to ramp this share: OPEN THE LINK at http://www.xcite-energy.com/investors/shareholding-analysis and stop telling people to expect a further shareholding update on Monday. This WAS it." ............................................................................ Yes please do open it, it says this: "As of 20 November 2012 the substantial shareholders for Xcite Energy Limited was as follows:" Socius CG II, Ltd 18,750,000 6.46% Rupert E. Cole 7,000,000 2.92% Stephen A. Kew 6,212,619 2.60% Shares not in public ownership 13,698,900 4.72% WE WILL GET AN UPDATE VERY SHORTLY!! P.S What do you put your mammoth 30% loss in five weeks in CNR down to?? More View thread 18 Respond Login to Vote up
Sun 10:53	No new IIs invested here	investor2010


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or at least none over the 3% threshold. The shareholding analysis for May 2013 has been published - and it is here - http://www.xcite-energy.com/investors/shareholding-analysis Damp squib! More View thread 1 Respond Login to Vote up Trade this long or short with an interactive markets spread betting or CFD account.
Sun 10:50	Re: shareholding analysis updated	investor2010


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>>>"the shareholding analysis is exactly the same as in November" .................................................. It is due to be updated anyday now (6 monthly)..........expect it as early as maybe this week IMO! ============== Chappi, you i.diot! The Shareholding Analysis has been updated and is dated as at 17th May 2013. Your idea that it is just about to be updated is false - it has already been updated - but the holdings of Socius and Rupert and Steve Kew are all exactly the same and there are no new large holders. If Global had sold 19m to a company taking over XEL - remember, this is stated as "fact" by the rampers - it would be reportable, as it would be 6-7% of the company. Global sold in November - but the transactions reported as "buys" were sells - Global sold - there is no evidence that the share went to an II - they were sold to the market markers, who, sitting on millions on shares, took the price down in late 2012. Probably SCAP. In fact, anyone with half a brain looking at L2 will realised that SCAP was the MM that bought Global's shares and then gradually sold them off. Chappi and others seeking to ramp this share: OPEN THE LINK at http://www.xcite-energy.com/investors/shareholding-analysis and stop telling people to expect a further shareholding update on Monday. This WAS it. More View thread 18 Respond Login to Vote up
Sun 10:24	Buy Re: shareholding analysis updated	chappi10	1


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Investor2010...... "the shareholding analysis is exactly the same as in November" .................................................. It is due to be updated anyday now (6 monthly)..........expect it as early as maybe this week IMO! Off topic, I have been having a glance at CNR (maybe interested in buying if they become cheaper) and notice you bought in there 5 weeks ago at £1.30 with your SIPP funds.(Currently: Share Price: 94.00 Bid: 91.00 Ask: 97.00) What do you put the huge drop down to since you invested there?? (30% down if 5 weeks if you sold at the current bid price!! OUCH)............ (PS Maybe you should spend more time focusing on where you are invested, rather than here eh?) More View thread 18 Respond Login to Vote up New £5 frequent trader rate - trade UK shares, investment trusts and ETFs
Sun 10:02	Re: shareholding analysis updated	pinkisback	10


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Correect changeling and at 95p . Investor this was my response to you on 20/11 detailing the transactions so you knew when they were sold .The rns from XEL followed shortly afterwards ! I2010- they had 19M in August last week these transactions took place which looks like a stock transfer from Global but who to ? The second 2 transactions add up to the first so 1 sell and 2 buys.Up to then they have probably off loaded 7M in 3 months .The buyer of these shares is not over 3% by a full 1% to have to notify and XEL issue an rns 13-Nov-12 17:58 11,650,540 Buy @95p 13-Nov-12 17.58 3,728,416 Buy @95p 9-Nov-12 18.33 7,922,124 Buy @ 95p More View thread 18 Respond Login to Vote up
Sun 09:50	Re: michaelhighbar	alanbp	9


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Michael, Thanks for your response. I have had the time to reflect on the AGM over the weekend and am feeling a lot happier about my investment. One way or another the sp is going to be many multiples of what it is now in a few years time. I am fortunate i can wait don't need the money and i will be topping up should the sp drop to the low 80's again. Not sure if it will but i am fully prepared should it do so to take advantage of it. Barring macro's I don't see much risk here now it's just a waiting game and i'm prepared to wait for as long as it takes. Gl all long termers i'll be popping in from time to time with the odd comment but try not to waste too much of time on these bb's they can takeover your life !!!! lol. More View thread 4 Respond Login to Vote up
Sun 00:55	Re: shareholding analysis updated	changeling	17


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Global's shares were sold in two tranches which as I recall kept each tranche below the reporting threshold. Considering you sold up on the date of the AGM you are spending a considerable amount of time posting here. Why would you do that? You say that holding the share caused you immense stress yet you sold out, bought back in and then sold again - frankly you are making me dizzy! More View thread 18 Respond Login to Vote up Trade this long or short with an interactive markets spread betting or CFD account.
Sun 00:01	Re: shareholding analysis updated	wilko81	2


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Hahaha investor2010 you are hilarious, none of what you just actually makes sense...none of it! I bet you go home tonight to mummy...."bitty..investor2010 wants bitty...bitty...I want bitty" you need to let go i2010, you've failed, now move on........bitty. More View thread 18 Respond Login to Vote up
Sat 22:22	shareholding analysis updated	investor2010


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see http://www.xcite-energy.com/investors/shareholding-analysis Unfortunately, the rampers who stated as a "fact" that Global's shares had been sold to an oil major taking over XEL will be quite upset. It was always most likely that Global's shares had been sold off into the market following the September spike to £1.38 - and I think Global's sell off explains why the spike was only to £1.38. By November 20, they held no shares - but that was because Nov 20 and May 17 roughly are the reporting dates - and the shares had been sold off by then. Socius still holds - and has not sold any. In fact, the shareholding analysis is exactly the same as in November, apart from having more share in issue, which has taken down the % stakes somewhat. For example, Rupert's 7m shares are put as 2.4% and not 2.92% - but as shares in issue have crept up only from 290m to 291m, I think the % calculations were wrong last time. I hope no one bought in on Friday expecting Statoil to be the main holder... More View thread 18 Respond Login to Vote up New £5 frequent trader rate - trade UK shares, investment trusts and ETFs
Sat 22:07	Re: stocks to avoid	LightMyFire	1


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Now i know who the t w 4t is ! Thanks for presenting the interesting information investor2010 More View thread 10 Respond Login to Vote up
Sat 22:04	Re: stocks to avoid	LightMyFire


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Disapointing behaviour. Is no one allowed to presents any alternative thoughts ? More View thread 10 Respond Login to Vote up
Sat 21:57	Re: stocks to avoid	LightMyFire


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I prefer a balanced view. Whats's the point otherwise ? More View thread 10 Respond Login to Vote up Trade this long or short with an interactive markets spread betting or CFD account.
Sat 21:55	Buy Re: stocks to avoid	LightMyFire


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I'd like to vote you up on that but i'm long (at 86p) ... rode it all the way up to 127p and back down again ! ... i go on then, what the hell More View thread 10 Respond Login to Vote up
Sat 20:44	Re: Zero, your chance to "keep it real"	chappi10	1


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Zero.. That is a realistic figure for you, and hats off to you! However, please don't disrespect people who may, rightly or wrongly, the "bigger picture"! Each to their own! ATB More View thread 10 Respond Login to Vote up New £5 frequent trader rate - trade UK shares, investment trusts and ETFs
Sat 19:29	Re: Zero, your chance to "keep it real"	investingisatrickygame	29


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Zero to infinite If the banks lend against the asset, not the market cap which of course they do, then a farminee or takeover will do the same. So your valuation of the potential target price is utter tosh. The multiples on the share price from here are phenomenal. The share price is awful as is investor communications, but the value for investors is very, very good More View thread 10 Respond Login to Vote up
Sat 19:23	Valuing Xcite	investingisatrickygame	37


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It is clear from their actions that there is no investor communications policy and execution and that there won't be going forward. I am told they said at the AGM that there is nothing they can do about the share price. I disagree with this, but old news and this subject was discussed at last years AGM in Brussels, again to no effect. I also know Shares and Proactive have tried to get therm on film and to events, but again to no avail. They are going to concentrate on Industry players (quoted at the AGM) and operations because this is in their control. I have spoken with several shareholders about this during the last few months as it is clear this is what they are doing. They know the industry know the value of the field and if the market won't buy the stock to narrow the share price gap to NPV then they are looking to an industry player to either 1) Demonstrate value to the market through a paid for farm in 2) Take Xcite out at an industry standard metric TRACS value each barrel currently at $8.80 and therefore circa 500p a share Xcite benchmark value at $15 a barrel through the Peregrino deal which means £8.50 a share without considering the rest of the estate or EOR The company clearly believes the multiples for the share price from here (without any other add ons) are massive. I am sure they believe the quickest way to get that is by doing an industry deal. Even if they farm out 20% it doesn't prevent a takeover approach and acceptance thereafter because the price is the price and the minority holder will not have a say IF the price is right. To me, it is a sale all day long and there is nothing preventing this right now, other than due dilligence More View thread 2 Respond Login to Vote up
Sat 19:23	Re: Zero, your chance to "keep it real"	Zero to infinitea	1


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180p - 200p is a very realistic target for me. I have no interest in over hyped, unrealistic targets especially in this market thank you.. More View thread 10 Respond Login to Vote up Trade this long or short with an interactive markets spread betting or CFD account.
Sat 18:12	C'mon Trotty - you are due a ton!	Strictly Inc


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Shame to see young Joe Root miss out on a maiden ton. Bggr Prior has just gone for a pair whilst writing!! More View thread 1 Respond Login to Vote up
Sat 16:19	AGM	chappi10	14


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2012; BOD quote; they would like to address the disparity between NAV and the shareprice ( something like that anyway) 2013: BOD quote: we are more concerned how the industry value us and not the Market..... Bit of a clue there me thinks!! More View thread 10 Respond Login to Vote up New £5 frequent trader rate - trade UK shares, investment trusts and ETFs
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(XEL) Xcite Energy

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