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Rig Contract - Ocean Nomad

20th Jul 2010 07:00

RNS Number : 5862P
Xcite Energy Limited
20 July 2010
 



 

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

 

TSX-V, LSE-AIM: XEL

 

Xcite Energy Limited

("Xcite Energy" or the "Company")

 

 

 

20 July 2010

 

Rig Contract - Ocean Nomad

Xcite Energy is pleased to announce that Xcite Energy Resources Limited ("XER") has entered into a binding contract for the Ocean Nomad semi-submersible rig to drill the 9/3b-R well on the Bentley field. With an expected spud date around the middle of September subject to the current rig programme, this will enable XER to complete the intended 9/3b-R well programme as planned in 2010.

 

ENQUIRIES:

 

Xcite Energy Limited

 

 

+44 (0) 1330 826740

Richard Smith

Chief Executive Officer

Rupert Cole

Chief Financial Officer

Arbuthnot Securities Limited

(Nomad and Broker)

 

 

+44 (0) 207 012 2000 

Antonio Bossi

Director

Pelham Bell Pottinger

+44 (0) 207 861 3232

Mark Antelme

Director

 

 

Paradox Public Relations

+1 514 341 0408

Jean-Francois Meilleur

Consultant

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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