.

My thoughts, the company have mislead investors ?

What are they playing at.

Shocking, what else is there to say.



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Dreamcather: I'm sure we could all think of other things to say, but their not printable.

Thats why I said its shocking scimitar, I have been polite. lol

Rig Status Update
RNS




RNS Number : 3099T
Xcite Energy Limited
05 December 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















5 December 2011







Xcite Energy Limited



("Xcite Energy" or the "Company")







Rig Status Update











The Company announces that, as expected, the Rowan Norway jack-up rig has been made available to Xcite Energy Resources Limited ("XER") and is now on hire, subject to a satisfactory audit and inspection prior to acceptance.







Following acceptance and in accordance with the originally scheduled work programme in Dundee, the rig will be modified to accept drilling and processing equipment, before being appropriately equipped and prepared by XER prior to deployment to the Bentley field as soon as practicable. This is expected to be early February 2012, subject to suitable weather conditions prevailing and all expected permits and consents having been obtained, after which the Company expects to commence drilling for Phase 1A of the First Phase Development of Bentley.

Additional Listing and Total Voting Rights
RNS




RNS Number : 3393T
Xcite Energy Limited
05 December 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















5 December 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 1 December 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 1,814,059 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 8 December 2011.



Following Admission, the Company's enlarged issued share capital will comprise 190,810,070 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 190,810,070.



This figure of 190,810,070 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.

at what levels is this a good buying opportunity?

It was a good buying opportunity on the way down at 2.50, 2, 1.50 and now below a 1, may go lower in the near term.

DD5 you you are welcome to mine.

For once DC I have to agree......wish i'd sold at 3+

I purchased at 20p and sold near 400p.

So for me DD5 I will purchase again at 20p if possible, anywhere below 50p would be ok.

20p............cobblers

cobblers charge a lot more than 20p

i done ok on this one (sorry to those who havent) bought in at 2.22 and sold at 3.76. Never really got back in but its starting to tempt.
Really hope that it goes back up for all those locked in :)

Careful with this one.

Heading back to 20p

Cannot see this at 20p.

Hlyeo does come out with the most stupid things some times he just says what on his mind he cant explain why it will be at 20p..

perhaps he missed the 4 off the front of the 20. lol