Xcite Energy Ltd. (CDI) (XEL)

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 102.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 133.00
  • 52 Week Low: 67.50
  • Currency: UK Pounds
  • Shares Issued: 291.81m
  • Volume: 0
  • Market Cap: £299.11m
  • Beta: 0.50

Excite Energy acquires tanker vessel

Date: Tuesday 08 May 2012

LONDON (ShareCast) - Excite Energy, a North Sea focused oil company, has signed a time charter contract with Teekay Navion Offshore Loading for a shuttle tanker vessel.

The tanker, known at the Scott Spirit, is to be used as the in-field storage and offtake facility for Bentley crude oil during the Phase 1A of the Bentley field development programme now being undertaken.

Excite has also concluded a contract with Ocean Installer for the installation of the oil export pipeline of 1.8 km between the Rowan Norway jack-up rig and the Scott Spirit.

The company also reported that drilling of the 9/3b-7 well on the Bentley field is progressing satisfactorily.

NR

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XEL Market Data

Currency UK Pounds
Share Price 102.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 133.00
52 Week Low 67.50
Volume 0
Shares Issued 291.81m
Market Cap £299.11m
Beta 0.50

XEL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
11.89% below the market average11.89% below the market average11.89% below the market average11.89% below the market average11.89% below the market average
24.53% below the sector average24.53% below the sector average24.53% below the sector average24.53% below the sector average24.53% below the sector average
Price Trend
21.19% below the market average21.19% below the market average21.19% below the market average21.19% below the market average21.19% below the market average
45.76% above the sector average45.76% above the sector average45.76% above the sector average45.76% above the sector average45.76% above the sector average
Income Not Available
Growth Not Available

What The Brokers Say

Strong Buy 5
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 6
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

XEL Dividends

No dividends found

Trades for --2013

Time Volume / Share Price
0 @ 0.000p

XEL Key Personnel

CEO Rupert Cole

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