Xcite Energy this morning told investors that drilling operations are progressing satisfactorily. It also announced that it has now contracted a shuttle tanker and a pipeline for the start of the Bentley field’s production phase.
08/05/12
Xcite Energy says drilling is progressing satisfactorily10/04/12
Xcite Energy raises US$50 mln from loan notes05/04/12
Xcite Energy draws down £2.12 mln on Esousa equity line02/04/12
Xcite Energy says Bentley development well is making good progress23/03/12
Xcite Energy showed ‘remarkable flexibility’ to overcome challenges of 2011, says chairmanPress: Xcite Energy rose after it appointed Jefferies and Rothschild to investigate options to fund the $360m cost of its second stage of... read more
Press: 10.04.12: -9.00, (111.00) Press: Xcite Energy fell after issuing $50m of unsecured loan notes, bearing interest at 14 per cent per... read more
Press: Xcite Energy rose after receiving approval from the United Kingdom to drill and produce wells in the first phase of its Bentley field,... read more
Press: 21.02.12: -15.25, (139.00) Press: Xcite Energy is at the speculative end of our range of quoted oil and gas explorers. The company has... read more
20.02.12 :-30.75, (154.25) Numis downgrades its rating to "reduce" from "hold".
08/05/12
Xcite Energy this morning told investors that drilling operations are progressing satisfactorily. It also announced that it has now contracted a shuttle tanker and a pipeline for the start of the Bentley field’s production phase.
27/04/12
North Sea deal activity could help Xcite Energy pay for the Bentley oil field development as it seeks industry partners as one of the potential ways forward, with the help of City deal makers Rothschild and Jefferies.
27/04/12
Xcite requires around US$310 million to cover its development costs for 2013, so that it can kick start production as part of the Phase 1B programme. After that it is expected that the Bentley field will be producing enough oil so that the remaining development will be self-sustaining.
19/04/12
The current operation will facilitate a testing phase, including a 90 day production test starting later this quarter.
08/03/12
Xcite shares advanced over 10 per cent this afternoon as it received its hotly anticipated approval for the first phase of the Bentley oilfield development.
22/05/12
Brent crude climbs ahead of EU summit22/05/12
Views from the Trading Floor - Featuring Heritage Oil, Red Emperor, Range Resources, Gold Oil and Bellzone Mining 22nd May22/05/12
Cluff Natural Resources boss keen to get going as new business launches on AIM16/05/12
Views from the Trading Floor - Featuring Range Resources, Chariot Oil & Gas, Xcite Energy, Beowulf Mining and Hambledon Mining 16th May 201215/05/12
Tuesday's most followed: Chariot Oil & Gas, Xcite Energy, TT electronics, Bglobal, Spirax-Sarco, Drax Group| Date | Director | Trans | Amount | Type | Price(p) | Value (£) | Holding | % |
|---|---|---|---|---|---|---|---|---|
| 13/09/11 | R.E. Cole | BUY | 801,666 | ORD | 127.00 | 1,018,116 | 7,000,000 | N/A |
| 29/06/11 | R.E. Cole | BUY | 1,000,000 | ORD | 118.00 | 1,180,000 | 6,198,334 | N/A |
| 29/06/11 | S.A. Kew | BUY | 1,000,000 | ORD | 118.00 | 1,180,000 | 6,212,619 | N/A |
| 31/12/10 | G.J. Moroney | EX | 100,000 | OPT | 47.75 | 47,750 | 100,000 | N/A |
| 23/12/10 | S.A. Kew | SELL | 1,101,666 | ORD | 383.70 | 4,227,092 | 5,212,619 | 3.29 |
| Date | Type | Turnover | Profit | EPS (p) | Dividend (p) | Currency |
|---|---|---|---|---|---|---|
| 31/12/11 | Full year | 0.00 | 0.13 | 0.10 | 0.00 | GBX |
| 31/12/10 | Full year | 0.00 | -2.45 | -1.90 | 0.00 | GBX |
| 31/12/09 | Full year | 0.00 | -0.78 | -1.40 | 0.00 | GBX |
| 30/06/09 | Interim | 0.00 | -0.25 | -0.01 | 0.00 | GBX |
| 31/12/08 | Full year | 0.00 | -0.54 | -0.01 | 0.00 | GBX |