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Rowan Norway Update

1st Mar 2012 11:31

RNS Number : 4874Y
Xcite Energy Limited
01 March 2012
 



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

 

 

01 March 2012

 

Xcite Energy Limited

("Xcite Energy" or the "Company")

 

Rowan Norway Update

 

Xcite Energy is pleased to announce that the Rowan Norway jack-up drilling rig has left Dundee harbour and is being towed to location to commence Phase 1A of the First Phase Development of the Bentley field.

 

 

ENQUIRIES:

 

Xcite Energy Limited

 

 

 

+44 (0) 1483 549 063

Richard Smith

Chief Executive Officer

 

Rupert Cole

Chief Financial Officer

 

 

 

 

Oriel Securities (Joint Broker and Nomad)

 

+44 (0) 207 710 7600

Emma Griffin

Partner

 

Michael Shaw

Partner

 

 

 

 

Morgan Stanley (Joint Broker)

 

+44 (0) 207 425 8000

Andrew Foster

Managing Director

 

 

 

 

Pelham Bell Pottinger

 

+44 (0) 207 861 3232

Mark Antelme

Henry Lerwill

 

Director

Account Director

 

 

Paradox Public Relations

 

+1 514 341 0408

Jean-Francois Meilleur

Consultant

 

 

 

 

 

Oriel Securities Limited, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for Xcite Energy and for no one else in connection with the subject matter of this announcement and will not be responsible to anyone other than Xcite Energy for providing the protections afforded to its clients or for providing advice in connection with the subject matter of this announcement.

 

Morgan Stanley, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for Xcite Energy and for no one else in connection with the subject matter of this announcement and will not be responsible to anyone other than Xcite Energy for providing the protections afforded to its clients or for providing advice in connection with the subject matter of this announcement.

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) acceptsresponsibility 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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