Xcite Energy Share News (XEL)

Xcite Energy Unit Signs Deal With Baker Hughes For Bentley Oil Field

Xcite Energy Signs Deal With Statoil, EnQuest On North Sea Fields

Xcite Energy Net Profit Crumbles; Bentley Field Plans Progress

Xcite Energy CFO more than doubles stake to 38,000 shares

In a day of few significant deals, the Chief Financial Officer of oil focused Xcite Energy has significantly increased his stake in the group with the purchase of 38,000 shares. Andrew Fairclough, who took up his role in February, now holds 53,000 shares following the 67p-a-share transaction. A

DIRECTOR DEALINGS: Xcite Energy CFO, Non-Executive Buy Shares

Xcite Energy secures platform construction deal for Bentley Field

Xcite Energy has moved a step forward in its plans to develop the Bentley Field in the North Sea with a construction deal now confirmed. The AIM-listed group's wholly-owned subsidiary, Xcite Energy Resources (XER), has entered into Memorandum of Understanding (MoU) with Aibel AS. Aibel, which is e

UK MORNING BRIEFING: William Hill Promotes From Within

Xcite Energy Signs Agreement With Aibel For Bentley Field Platform

Xcite Energy Raises USD140 Million From Share And Bond Issue

LONDON (Alliance News) - Xcite Energy Ltd Monday said it has raised USD140 million through the placing of senior secured bonds and the issuance of new shares. The oil appraisal and development company said it will use the money raised to refinance USD80 million of 12.5% unsecured loan notes

Xcite Reports Narrower First-Quarter Loss On Currency Gains

LONDON (Alliance News) - Xcite Energy Ltd Tuesday reported a narrower first-quarter net loss, helped by foreign-exchange gains on the weakening of the US dollar. In a statement, Xcite said it made a GBP41,164 net loss in the three months ended March 31, compared with a GBP1.7 million net lo

Xcite Energy Appoints Non-Executive Chairman

LONDON (Alliance News) - Xcite Energy PLC said Thursday it has appointed Timothy Jones as non-executive Chairman. Effective May 7, Jones takes on the role from Roger Ramshaw who has retired as Chairman and from the board for personal reasons, with immediate effect. Henry Wilson has al

UK MORNING BRIEFING: UK Shares Open Higher, Led By BT And Barclays

LONDON (Alliance News) - UK shares have opened mostly higher Thursday ahead of interest-rate decisions by the Bank of England and European Central Bank and amid tentative signs of reduced tensions in Ukraine.

BT and Barclays lead the FTSE 100 at the

Wednesday tips round-up: Xcite Energy, Countrywide

Large reserve estimates are great, but there is quite a gap between that and actually getting the black stuff out of the ground. Even so, independent North Sea oil explorer Xcite Energy yesterday took one step closer to that goal. The company announced that it will share field-specific information w

Xcite Energy teams up with Statoil and Shell in North Sea

Oil explorer Xcite Energy has done a deal to work with Royal Dutch Shell and Norway's Statoil on North Sea oil fields. Xcite's 100% owned subsidiary, Xcite Energy Resources, has agreed to share technical and operational information with Shell and Statoil to allow co-operation between the trio on th

UK MIDDAY BRIEFING: AstraZeneca Asks For Investor Patience

LONDON (Alliance News) - AstraZeneca Tuesday set out its defence against a GBP63 billion takeover offer from US rival Pfizer Inc, urging its investors to be patient because it is set to grow quickly after it invests in its pipeline and transforms the company over the next few