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- Xcite_Energy abstract "Xcite Energy is a London Stock Exchange alternative investment market limited company (XEL.L). Xcite Energy is also listed on the TSX Venture Exchange (TSX-V: XEL). The company was formed by a group of seasoned oil industry professionals to bring the Bentley Heavy Oil Field in the North Sea into production by the end of 2011. Xcite Energy are currently trageting first oil for 2015. The company was awarded Block 9/3b containing the Bentley Heavy Oil Field in 2003.The company has formed many partnerships, calling them the Bentley Alliance.The company is registered in the British Virgin Islands and has offices in Aberdeen, Scotland and Guildford, Surrey.The company owns a 100% interest in the Bentley Heavy Oil Field. A Reserves Assessment Report (RAR) evaluated the amount of oil recoverable (1P, 2P, 3P) in the first and second stage production areas and its net asset value.Richard Smith retired as CEO in August 2012 and was replaced by then-CFO Rupert Cole.The director and institutional share holdings are listed on the company website. A 'poison pill' motion was passed at the 2011 annual general meeting to try to prevent a hostile takeover.A $155 million US dollar reserve-based lending (RBL) facility has been agreed to further develop the field into full production.In October 2012 Xcite Energy was awarded a license to drill North Sea Blocks 9/4 (part), 9/8b and 9/9f (split) as applied for in the UK 27th Offshore Licensing Round. These blocks contain four significant prospects (Chadwick, Cartwright, Camm and Clement) that will be the subject of evaluation within the four year initial license term on a drill or drop basis. The company has a market cap of 303.34 (GBP m) and 290.28 million shares on issue as of October 2012.In May 2013 the company took the unprecedented step of selling the extended well test data to an undisclosed party for $15 (£9.87) Million (See company RNS 13-05-13 RNS Ref 0610F).The company are currently in farm in discussions with an undisclosed oil major.".
- Xcite_Energy equity "3.2639E8".
- Xcite_Energy foundingYear "2004".
- Xcite_Energy industry Petroleum_industry.
- Xcite_Energy location Aberdeen.
- Xcite_Energy locationCity Tortola.
- Xcite_Energy locationCountry British_Virgin_Islands.
- Xcite_Energy operatingIncome "0.0".
- Xcite_Energy type Public_company.
- Xcite_Energy wikiPageExternalLink xcite-energy-xel.
- Xcite_Energy wikiPageExternalLink detail?code=cotn:XEL.L&it=le.
- Xcite_Energy wikiPageExternalLink 7026G_1-2011-5-16.pdf.
- Xcite_Energy wikiPageExternalLink www.xcite-energy.com.
- Xcite_Energy wikiPageID "31860241".
- Xcite_Energy wikiPageRevisionID "571293871".
- Xcite_Energy areaServed "Europe".
- Xcite_Energy divisions "XER".
- Xcite_Energy equity "3.2639E8".
- Xcite_Energy hasPhotoCollection Xcite_Energy.
- Xcite_Energy homepage www.xcite-energy.com.
- Xcite_Energy industry Petroleum_industry.
- Xcite_Energy keyPeople "Rupert Cole".
- Xcite_Energy location Aberdeen.
- Xcite_Energy locationCity Tortola.
- Xcite_Energy locationCountry British_Virgin_Islands.
- Xcite_Energy name "Xcite Energy".
- Xcite_Energy operatingIncome "0.0".
- Xcite_Energy products "Crude Oil".
- Xcite_Energy services "Heavy Oil Recovery".
- Xcite_Energy type Public_company.
- Xcite_Energy subject Category:Companies_listed_on_the_London_Stock_Exchange.
- Xcite_Energy subject Category:Companies_listed_on_the_TSX_Venture_Exchange.
- Xcite_Energy subject Category:Oil_companies_of_the_United_Kingdom.
- Xcite_Energy type Abstraction100002137.
- Xcite_Energy type CompaniesListedOnTheLondonStockExchange.
- Xcite_Energy type Company108058098.
- Xcite_Energy type Group100031264.
- Xcite_Energy type Institution108053576.
- Xcite_Energy type OilCompaniesOfTheUnitedKingdom.
- Xcite_Energy type OilCompany108069241.
- Xcite_Energy type Organization108008335.
- Xcite_Energy type SocialGroup107950920.
- Xcite_Energy type YagoLegalActor.
- Xcite_Energy type YagoLegalActorGeo.
- Xcite_Energy type YagoPermanentlyLocatedEntity.
- Xcite_Energy type Agent.
- Xcite_Energy type Company.
- Xcite_Energy type Organisation.
- Xcite_Energy type Organization.
- Xcite_Energy type Agent.
- Xcite_Energy type SocialPerson.
- Xcite_Energy type Thing.
- Xcite_Energy comment "Xcite Energy is a London Stock Exchange alternative investment market limited company (XEL.L). Xcite Energy is also listed on the TSX Venture Exchange (TSX-V: XEL). The company was formed by a group of seasoned oil industry professionals to bring the Bentley Heavy Oil Field in the North Sea into production by the end of 2011. Xcite Energy are currently trageting first oil for 2015.".
- Xcite_Energy label "Xcite Energy".
- Xcite_Energy sameAs m.0cqnkl1.
- Xcite_Energy sameAs Q8043389.
- Xcite_Energy sameAs Q8043389.
- Xcite_Energy sameAs Xcite_Energy.
- Xcite_Energy wasDerivedFrom Xcite_Energy?oldid=571293871.
- Xcite_Energy homepage www.xcite-energy.com.
- Xcite_Energy isPrimaryTopicOf Xcite_Energy.
- Xcite_Energy name "Xcite Energy".