.

This is looking decidedly grim.

Statoil Takeover would be good to hear.

07 Oct Xcite Energy Ltd XEL Evolution Securities Buy 122.63 322.00 322.00 Reiterates

All the ducks are lined up.

http://moneyam.uk-wire.com/cgi-bin/articles/201110101533559003P.html

Wednesday's most followed: Xcite Energy
1:19 pm by Sergei Balashov

http://www.proactiveinvestors.co.uk/companies/news/34263/

North Sea explorers Xcite Energy (LON:XEL) emerged among the most discussed stocks as traders debated whether their current market value fully reflected their potential.

Xcite investors generally blamed the recent decline in its share price on recent market volatility. Some posters pointed out that the XEL share price has been moving in line with the FTSE 100 over the past few months, arguing that the markets have been oblivious to the potential of Xcites Bentley field in the North Sea.

Some posters drew attention to the fact that the company has recently made a few announcements that addressed some of the main concerns that could be depressing the share price.

In an update that was released on Monday, Xcite said it is currently in discussions with potential lending banks for the project financing.

In the same statement, Xcite reported that the jack-up rig, which will be used to establish first production at its Bentley field, has now arrived in Dundee.

Importantly, Xcite said it continues to have positive discussions with the UK Department of Energy and Climate Change (DECC) over the approval process for the field development plan, which was submitted in August

Not ventured out of the red today

Just in the blue

been biding my time here since my last post - generally sp has been as expected - iis are on the side lines also right now - finance wont be a problem - but the sp effect will be definitive - be surprised if decc any problem

moving up nicely here and blvn - excellent - gla

Nice 550,000 buy at close.

DC. Not necessarily a buy.
The size of the trade means reporting was almost certainly delayed, potentially by three days. No way of knowing if it was a buy or sell and perhaps unimportant anyway.

You do make me laugh.

DC, I've removed my post as to be frank I can't be bothered to enter into a dialogue with an expert such as yourself. You believe whatever you want to believe.

Thanks for the advice

ptholden,

no point in arguing with the inexpert who see every large trade as a buy

regards

Seq, don't you just love BBs? Lol, trust you are keeping well.

http://moneyam.uk-wire.com/cgi-bin/articles/201110250700237547Q.html

more dilution :-(

Xcite Energy Limited
Additional Listing and Total Voting Rights
RNS Number : 0080R
Xcite Energy Limited
27 October 2011





THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES



TSX-V, LSE-AIM: XEL







27 October 2011



Xcite Energy Limited

("Xcite Energy" or the "Company")



Additional Listing and Total Voting Rights



Further to the announcement in relation to the draw down on the Standby Equity Distribution Agreement issued on 25 October 2011, the Company announces that it has received conditional approval of the share issue by the TSX Venture Exchange and it has therefore made an application for the admission to AIM ("Admission") of 2,707,504 ordinary shares of no par value in the capital of the Company (the "New Ordinary Shares").



The New Ordinary Shares shall rank pari passu with the Company's existing issued ordinary shares of no par value ("Ordinary Shares") and dealings are expected to commence on 1 November 2011.



Following Admission, the Company's enlarged issued share capital will comprise 186,827,754 Ordinary Shares with one voting right per share. There are no shares held in treasury. The total number of voting rights in the Company is therefore 186,827,754.



This figure of 186,827,754 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

Friday 11 November, 2011Xcite Energy Limited
Drawdown on Equity Line
RNS Number : 9149R
Xcite Energy Limited
11 November 2011





NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION





TSX-V, LSE-AIM: XEL







11 November 2011



Xcite Energy Limited

("Xcite Energy" or the "Company")



Drawdown on Equity Line



Xcite Energy announces that it has drawn down on its Standby Equity Distribution Agreement ("SEDA") with YA Global Master SPV Ltd ("Yorkville") as announced on 28 September 2010 in the amount of 2.5 million (CAD$4.1 million). This draw down has been undertaken at a price of 1.153 (CAD$1.875) per share and will result in the issue of 2,168,257 ordinary shares of no par value in the capital of the Company (the "SEDA Ordinary Shares") to Yorkville. This funding will be used as future working capital for the Company and to progress towards first oil from the Bentley field.



Subject to the terms of the SEDA and except in accordance with Canadian securities laws and with prior written approval of the TSX Venture Exchange, the SEDA Ordinary Shares may not be sold or otherwise traded on or through the facilities of the TSX Venture Exchange or otherwise in Canada or to or for the benefit of a Canadian resident until the date that is four months and one day from the date of issue.



Application will be made for the admission to AIM ("Admission") of the SEDA Ordinary Shares upon approval of the share issue by the TSX Venture Exchange. The SEDA Ordinary Shares will rank pari passu with the Company's existing issued ordinary shares (each, an "Ordinary Share").



Subject to approval by the TSX Venture Exchange, following the issue of the 2,168,257 Ordinary Shares the total Ordinary Shares in the Company in issue will be 188,996,011.