.

don't forget to keep your eyes on this little waif ..... it's now on the move as spudding approaches

Doing fine....

cynic, all being well this one should move a lot faster after the drill is done........

Couple of media snippets.


From The Times

http://business.timesonline.co.uk/tol/business/markets/article7124619.ece

May 13, 2010

In the know: RBS ... Lloyds ... Xcite

...........Tiddler to watch

Xcite Energy rose 12p to 78p after Arbuthnot, its broker, told clients that the shares could go as high as 123p and urged them to buy. The North Sea oil company raised 25 million in March to fund test drilling at its Bentley field this summer. The company is working with BP, which will market its oil and provide $20 million of debt........



From the Daily Mail

http://www.dailymail.co.uk/money/article-1277913/MARKET-REPORT-Is-Jardine-prey-predator.html?ito=feeds-newsxml#ixzz0nmfbhfzg

.......Xcite Energy, which owns the Bentley Field in the UK North Sea, jumped 12p to 78.5p on an Arbuthnot recommendation and target price of 123p.....

The Arbuthnot "strong buy" note

http://www.arbuthnotsecurities.co.uk/Research/id/3808

.

Getting a lot of press today.

Looks good for more than a pound...

there's a lot more logic to this lot than for CHAR!

I tend to agree with you cynic.

this will never do!

lol

Doing fine.

Buy rating in Shares Mag it seems.

XEL has been touted around for quite a while now, but the market continues to stubbornly ignore ..... let's hope for a bit of life once they spud in mid/late august from memory, and PG, actually find some goo

I think XEL has been depressed recently because of BP and Bentley oil leak. I've had XEL on my watchlist for quite some time and if we see a recovery in the general market then i have no doubt i will be taking a substantial position ahead of the upcoming spud. Does anybody know a firm date for spudding? Certainly want to get in before such a time. Thank you.

No firm date yet berty, waiting for the rig contract signing news.

Moving today, in the right direction.

a slowly as the treacle of their hoped find

Sp...starting to head perhaps up to the nineties prior to spudding ?...perhaps....