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UK 26th Offshore Licensing Round Award

28th Oct 2010 07:00

RNS Number : 1318V
Xcite Energy Limited
28 October 2010
 



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

 

TSX-V, LSE-AIM: XEL

 

 

 

 

October 28, 2010

Xcite Energy Limited

("Xcite" or the "Company")

 

UK 26th Offshore Licensing Round Award

 

Xcite is pleased to confirm that the UK Department of Energy and Climate Change has awarded Xcite Energy Resources Limited ("XER") licences over Blocks 9/3c and 9/3d as applied for in the UK 26th Offshore Licensing Round.

 

The addition of these licences to the XER portfolio enhances the development potential of the Block 9/3 area containing the Bentley field and the prospects identified in the Licensing Round.

 

 

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)20 7012 2000 

Antonio Bossi

Director

Pelham Bell Pottinger

+44 (0) 20 7861 3232

Mark Antelme

Henry Lerwill

 

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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