Xcite Energy Limited ("Xcite Energy" or the "Company") Rig Contract - Ocean Nomad
July 20 2010 - 2:00AM
Marketwired
This Announcement Is Not for Release, Publication or Distribution
in or Into the United States
Xcite Energy is pleased to announce that Xcite Energy Resources
Limited ("XER") (TSX-V: XEL) (LSE: XEL) (AIM: XEL) has entered into
a binding contract for the Ocean Nomad semi-submersible rig to
drill the 9/3b-R well on the Bentley field. With an expected spud
date around the middle of September subject to the current rig
programme, this will enable XER to complete the intended 9/3b-R
well programme as planned in 2010.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
ENQUIRIES: Xcite Energy Limited Richard Smith
Chief Executive Officer Rupert Cole Chief Financial Officer +44 (0)
1330 826740 Arbuthnot Securities Limited (Nomad and Broker)
Antonio Bossi Director +44 (0) 207 012 2000 Pelham Bell
Pottinger Mark Antelme Director +44 (0) 207 861 3232 Paradox
Public Relations Jean-Francois Meilleur Consultant +1 514 341
0408