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EXCLUSIVE: Ascent Resources ask shareholders for ability to raise funds


Xcite Energy Share Price (XEL)



Share Price Information for Xcite Energy (XEL)


There is currently no data for Xcite Energy.




London South East Users info for Xcite Energy




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Directors Deals for Xcite Energy (XEL)
Trade DateActionNotifierPriceCurrencyAmountHolding
20-Oct-14Buy
Trade Notifier Information for Xcite Energy Ltd. (CDI)
Andrew Fairclough held the position of CFO at Xcite Energy Ltd. (CDI) at the time of this trade.
 Andrew Fairclough
43.1GBX35,00088000
08-Jul-14Buy
Trade Notifier Information for Xcite Energy Ltd. (CDI)
Andrew Fairclough held the position of CFO at Xcite Energy Ltd. (CDI) at the time of this trade.
 Andrew Fairclough
67GBX38,0000
08-Jul-14Buy
Trade Notifier Information for Xcite Energy Ltd. (CDI)
Henry (Harry) George Wilson held the position of Non-Executive Director at Xcite Energy Ltd. (CDI) at the time of this trade.
 Henry (Harry) George Wilson
66.83GBX40,0000
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highlandsbull
Posts: 5,669
Opinion:No Opinion
Price:0.00
RE: 20 years of oil
Sat 12:00
In the meantime of course the staff that jumped ship on XEL/XER and defected to Whalsay have at least had their employment extended thereby by an additional two years.
highlandsbull
Posts: 5,669
Opinion:No Opinion
Price:0.00
RE: 20 years of oil
Sat 11:20
I thought Bentley, including peripherals at the time, in fact might have had a life expectancy of 30 plus years.

No news from Whalsay as yet re their 3Q '18 forecast date for partner(s) selection to develop Bentley. In the meantime as per their 2017 accounts, and the Auditors highlight of Note 1 to the accounts re material uncertainty, guess they are going to have to go to their vaunted institutional investors to prolong their life beyond the critical end point for funding noted then to enable them to continue to trade and meet their obligations after what was projected to be December 2018.

Wonder how comfortable OGA are feeling about the Quad 9 commitments made by Whalsay at the time OGA awarded them the four year lease extension. Jmo..

http://whalsayenergy.com/
highlandsbull
Posts: 5,669
Opinion:No Opinion
Price:0.00
RE: Video November 2015
10 Oct '18
Not sure how relevant but XEL accounts indicate payment to XER in 2015 was $10.26m. XER in turn show in their 2015 accounts Directors and staff salaries total approx $8.9m. So the OGA costs as such probably more related to staff time than anything else in terms of resources. One might assume in February 2016 when the six month lease extension to Bentley was given it related more to XEL's concept of the time it would yet take to tie up this phantom partner, and/or new funding or renegotiating with the Bondholders.
westsider
Posts: 202
Opinion:No Opinion
Price:0.00
Thanks
10 Oct '18
Thanks to those who have written. I will get back to you in a few days after some meetings.
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