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For those in doubt or any newbies, worth watching the summer interview again with Rupert Cole :


http://proactiveinvestors.co.uk/companies/stocktube/478/xcite-energy-bentley-north-sea-oil-field-could-be-a-two-billion-dollar-asset-prize-478.html


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Excellent update. I think there is considerable upside to the recoverable oil and therefore the target prices.

http://www.investegate.co.uk/Article.aspx?id=201010250700069109U

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????....holy.....goodness....

what is extraordinary is that the volume traded today is still only 600k

Correct me if I'm wrong : they have discovered more oil than expected ?...is that it ?..

Where is everybody ?.....

hope it will continue to build between now and end of November.....what price then if good flow rates achieved??

yes RF - exactly that .... XELd are you (sorry about that!)?

Good flow...perhaps in excess of 250p....I'm just guessing...don't forget this is heavy oil and has to be warmed up a little...Schlumberger said the previous well would have achieved 4000 barrels with the right equipment...so a lot more perhaps now...and I wonder whether they have both sorts of oil here....whatever the case this looks fantastic for Xcite Energy !...

What a start to the week...thrilled to bits I might say !....

Can't wait for the broker notes....they have to all upgrade their stance on this....

If this carries on I shall be able to look at the options list on something....

Holding up nicely....a lot more to come I think.....not much blogging on here....surprising....

Its excellent news, the upside potential just got very much larger.

Flow test results late November.

Sit back and wait for a possible 300% rise from here.

Its excellent news, the upside potential just got very much larger.

Flow test results late November.

Sit back and wait for a possible 300% rise from here.

repeating will not enhance the result!

You keep talking Pros ... your doing a fine job.

Possibly another increase tomorrow morning....

muted response but tons of upside from here i guess after today's news.

berty, this increases the rise possible with good flow test news. Been in since 20p, not sold, no plan to as I believe they will have a good flow test result and the Bentley field will be deemed commercial, which is the big upside from todays closing price.