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Xcite Energy - North Sea Heavy Oil (XEL)     

Proselenes - 22 Oct 2009 11:14

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Balerboy - 16 Dec 2010 17:10 - 932 of 3002

Just a reminder theres a small lump of shares coming on line on the 17th:
Further to the announcement in relation to the draw down on the Standby Equity Distribution Agreement issued on 13 December 2010, the Company announces that it has now received approval of the share issue by the TSX Venture Exchange and it has therefore made an application for the admission to AIM ("Admission") of 2,351,916 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 17 December 2010. Following Admission, the Company's enlarged issued share capital will comprise 158,453,998 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 158,453,998. This figure of 158,453,998 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.

Balerboy - 17 Dec 2010 07:50 - 933 of 3002

Thats the finance taken care of then.,.

TheFrenchConnection - 17 Dec 2010 07:57 - 934 of 3002

talking of the numberof shares in issue / Surely if XEL hold a tad in excess of 8 million shares in escrow then there is approx 150 million shares net in play/..and not approx 158 million.{ inc newly issued ).../ d'accord BB

DD5 - 17 Dec 2010 16:17 - 935 of 3002

Very quiet on here today :|
Good luck everyone for next week.

Proselenes - 18 Dec 2010 03:27 - 936 of 3002

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Proselenes - 18 Dec 2010 03:27 - 937 of 3002

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Proselenes - 18 Dec 2010 03:27 - 938 of 3002

Market Opening times over the holiday period :

Friday 24 December 2010 Markets close from 12.30
Monday 27 December 2010* Closed all day
Tuesday 28 December 2010* Closed all day
Wednesday 29 December 2010 Normal business day
Thursday 30 December 2010 Normal business day
Friday 31 December 2010 Markets close from 12.30
Monday 3 January 2011* Closed all day
Tuesday 4 January 2011 Normal business day

Proselenes - 19 Dec 2010 03:33 - 939 of 3002

Considering the speculation regarding the Betty Knutsen (who again appears to be out of AIS range and perhaps back at the rig).

From III/AFN



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Proselenes - 20 Dec 2010 00:29 - 940 of 3002

Looks like a serious attempt to do the flow test will occur this week.

Wave heights are on until Saturday :

http://www.windfinder.com/forecast/viking_platform_northsea


And a flotilla of ships is on site at the Ocean Nomad, estimated that by Monday morning the following may all be there :

NSO Fortune, Havila Fortune, Vos Sentinal, Maersk Finder, Betty Knutsen.

DD5 - 20 Dec 2010 10:28 - 941 of 3002

Here we go people

Proselenes - 20 Dec 2010 10:30 - 942 of 3002

Confirmed test now underway.

http://www.investegate.co.uk/Article.aspx?id=201012201024302679Y

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drum - 20 Dec 2010 10:40 - 943 of 3002

Did nobody notice that the flow test had commenced?

drum - 20 Dec 2010 10:43 - 944 of 3002

Sorry !! I read that the last post was 10 hours ago,

markymar - 20 Dec 2010 10:46 - 945 of 3002

flying today,weather window is there!!!!good luck all

cynic - 20 Dec 2010 11:23 - 946 of 3002

now then, now then ..... at what level should one prudently lock in some (more) profits?
as a guide, 330 was the recent all-time closing high

DD5 - 20 Dec 2010 11:31 - 947 of 3002

4 on its way, surely?

cynic - 20 Dec 2010 11:32 - 948 of 3002

why? ..... satisfactory flow has yet to be proven

Balerboy - 20 Dec 2010 11:33 - 949 of 3002

we're having a good day people's.......

DD5 - 20 Dec 2010 11:34 - 950 of 3002

just being optimistic :)

markymar - 20 Dec 2010 11:37 - 951 of 3002

Cynic there is no reason why this should not flow,also weather window is good, i think the share price can double on good news from here.
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