Xcite Energy Limited (XEL) is a heavy oil appraisal and development company, with current interests in three licence blocks in the UK North Sea, all of which are held with 100% working interests through its wholly-owned UK subsidiary, Xcite Energy Resources Limited (XER).

Its primary focus is in bringing the Bentley oil field on Block 9/3b into production and in doing so becoming a significant independent oil producer in the North Sea by 2014.

Business Strategy

Bring the Bentley field into commercial production

Grow its reserves base from the existing 116 million barrels of oil equivalent
(“MMboe”) of 2P reserves through the conversion of its prospective resources base

Grow its resources base further through drilling activity on Blocks 9/3c and 9/3d

Employ enhanced oil recovery processes (“EOR”) to further increase its resource base

Increase its asset portfolio through license rounds and asset transactions whilst utilising its heavy-oil expertise to leverage opportunities


http://www.xcite-energy.com/

2012 in Review and the way ahead Robert Cole Video

i've never squelched anyone ever and shall not start now; why should i succumb to that form of bullying? .... as/when MJ (aka MRSI and now menorca) gets seriously out of line, he gets chucked out by the management, at least for a few weeks

Up to you, I think he is trying to bully, doesn`t work with me, he`s a gonner and good riddance

All the newcomers ( because other places do not work ) trying to make friends with other unfrienly ones?.

Do not fear the Sequestor

What The Sequestor Really Means For Your Finances >>>>>>>>> Bankrupt

Isolate yourself shares are not for you ( you are having as high diastolic blood pressure ). Doctor said take notice

Is only here cos the other place is not working

The Richest People On The Planet 2013
The ranks of the world's billionaires have yet again reached all-time highs, both in terms of the number of billionaires (1,426) and record net worth ($5.4 trillion). The United States still has more billionaires than any other country, but once again the world's richest person comes from outside its borders.

"All the newcomers ( because other places do not work ) trying to make friends with other unfrienly ones?" Sounds just like you. Pity you can't take a hint.

no need to write in bold .... our eyesight is still more than adequate ......

your (persistent) abuse of other posters is not required either!

..

On the up though not much volume, but the curb on the chart is much the same as some time back ( july to September 2012 )

Looking good

Bids loaded ready for take off

From Energy & Resources and UK - 7 Mar 2013 08:10 UTC

Xcite Energy could find partner for heavy oil project

Xcite Energy could be close to finding a joint venture partner, according to an analyst at Dundee Capital Markets. Quinn Sievewright, the analyst at Dundee Capital Markets, said in a research…

http://www.acquisitionsdaily.com/2013/03/07/xcite-energy-could-find-partner-for-heavy-oil-project/

lol
I have been a fully paid up member since MAM started

Your persistent abuse of chat and nothing about XEL

put manners at you anruly (wife) and children ( mob here )

MJ (aka MRSI aka menorca1) ..... if you don't quickly mend your manners and desist from your persistent stream of personal abuse aimed at me or anyone else, i am more than happy to be the voice of many if not most on here, and get you thrown out yet again

   LUNCH TIME FUN

re - All the newcomers

sooner or later you catch them with the trousers down and wearing ( inside out ) knikers.

I suppose to be squelch and is answering my post ....... I have been a fully paid up member since MAM started

and we have no seen a post of such a nickname since ............... naturally you have to be registered to post

An talking about the share price no one does

Nicely on the UP, ( taking off as I said earlier ) though some others would like it too

I nice ladder shape on the intraday chart

try keeping it that way then! ..... then all (most) will be more than happy to read your pearls of wisdom

Need more volume

Talk of raising cash soon seems to be the problem.

Having a spike this afternoon now 114.75p +3.25p after reaching earlier 115.75p

Worth noticing on the weeky char that it has been doing higher lows

That was yesterday's direction being at the bottom of parrallel lines, so the chance of spike like it happened seven days ago

an interesting pattern, but sp still stubbornly resists heading properly north - patience my boy, patience