Xcite Energy Ltd (XEL)

blinko

what are you talking about, ALL exploration companies make a loss until they find something ???

http://www.xcite-energy.com/newsdesk.htm

here is some up to date nformation


London, 17 November 2010
Xcite Energy announces letter of intent for Rowan jack-up rig





London, 15 November 2010
Xcite Energy announces increase to equity line





London, 10 November 2010
Exercise of share warrants





London, 8 November 2010
Xcite Energy announces 9/3b-6z Well Update





London, 5 November 2010
Xcite Energy confirms details of additional listing





London, 4 November 2010
Xcite Energy announces draw down on equity line





London, 3 November 2010
Xcite Energy announces award of Director and XER management team options





London, 1 November 2010
Xcite Energy announces the interim financial statements for the 3 months ended September 30, 2010





London, 28 October 2010
Xcite Energy announces award of new UK North Sea Licenses





London, 28 October 2010
Holdings in Company





London, 27 October 2010
Exercise of share warrants





London, 25 October 2010
Xcite Energy announces 9/3b-6 well pilot section update





London, 7 October 2010
Exercise of share warrants





London, 7 October 2010
Xcite Energy announces drawdown on equity line





London, 29 September 2010
Xcite Energy announces spud of 9/3b-R well





London, 28 September 2010
Xcite Energy secures £20 million Equity Line





London, 27 September 2010
Exercise of share warrants





London, 17 September 2010
Exercise of share warrants





London, 27 August 2010
Xcite Energy announces the interim financial statements for the 3 months ended June 30, 2010





London, 26 August 2010
Xcite announces closing of placement





London, 24 August 2010
Xcite announces details of conditional placing





London, 19 August 2010
Fundraising for Enhanced Bentley Work Programme





London, 4 August 2010
Exercise of Share Options





London, 20 July 2010
Xcite Energy finalises Rig Contract for the Ocean Nomad





London, 7 July 2010
Exercise of share warrants





London, 2 July 2010
Rig Contract !!!8211; Ocean Nomad


I MUST emphasie YOU MUST USE ALL relevant and UP TO DATE INFORMATION to make your decisions

Shatners_Bassoon

darkpool mate yuo really do need to look further than the papers. I am guessing that you have never invested in a junior oil company right? Well it seems that way.

Please please spend some time researching XEL and everything that they need to do to realise the true potential in Bentley. It's not hard! Bentley is their only play! XEL are a one hit wonder but boy oh boy is it a good hit, think Bryan Adams "Everything I do" which spent 18+ weeks at number one!

darkpool

SELLLL!!!! SELLLLLLL! SELLLLLL!

I could spend a lot of time researching XCITE, but when I see all this gushing praise for XCITE it type of puts me off. TBH when I read this thread I have a nagging doubt that something isn't right.

Regarding doing research, well if the entire financial system can come to the edge of meltdown without the FSA, B of E spotting it beforehand I type of doubt I'll be able to analyse xcites accounts to see potential problems.

However I have to give some weight to the fact that XCITES nomad rates the share price "neutral". If I had shares in XCITE i'd be selling them as soon as I could.

You seem to be suggesting that I should ignore facts given in the UK's foremost business newspaper? I'd imagine the average reader of the FT is a lot wealthier and financially smarter than most. You think FT readers are all mugs?

chris_m

darkpool wrote: »

SELLLL!!!! SELLLLLLL! SELLLLLL!

I could spend a lot of time researching XCITE, but when I see all this gushing praise for XCITE it type of puts me off.

If you don't like it, then don't read it.

leocan

Hey guys, what's the best way to go about buy'n this share. I'm relative newbie any info would be much appreciated. Thanks.

chris_m

You need a broker - who buys shares on your behalf.

I use www.x-o.co.uk who charge £5.95 per trade (buy or sell) and hold the shares in a nominee account for you - i.e you don't get actual share certficates. There are no credit facilities, you have to create an account then, when you get confirmation that it's open, fund it using a debit card (not credits card, that's illegal). Once the funds are in, you can start to buy.

With most shares there is also 0.5% stamp duty to pay on purchases only, however XEL and some others seem to be exempt from that, don't know why but I've bought three times and never had any stamp duty to pay.

Shatners_Bassoon

XEL and other companies like MATD are stamp duty exempt because they are registered in a tax exempt territory. I am pretty sure that MATD uses Isle of Man for that reason and others use Seychelles, British Virgin Islands etc....

Shatners_Bassoon

darkpool wrote: »

SELLLL!!!! SELLLLLLL! SELLLLLL!

YADA YADA YADA

You seem to be suggesting that I should ignore facts given in the UK's foremost business newspaper? I'd imagine the average reader of the FT is a lot wealthier and financially smarter than most. You think FT readers are all mugs?

Not entirely no, but I tend to favour my friends 30yrs experience with North Sea heavy oil and source rock geology over a pink broadsheet paper reader every day of the week :rotfl:

If this share is not 5 quid at some point this year then I will be very surprised, look I know you have missed the boat on this one (tanker full of oil) but there's no need to come on here and spout all this deramping nonsense!

Good luck with your Safe investments!

chris_m

Shatners_Bassoon wrote: »

XEL and other companies like MATD are stamp duty exempt because they are registered in a tax exempt territory. I am pretty sure that MATD uses Isle of Man for that reason and others use Seychelles, British Virgin Islands etc....

Aha, that makes sense. Ta muchly for the info.

darkpool

INSIDER DEALING???????

Hi Shatner,

I'm confused here. You're getting information from your friend with "30 years experience in oil"? I might be wrong but is that not insider dealing? You do know that you could be fined and go to jail for that?

If you do have the inside track on this company why go on a public website and talk about it? The FSA aren't stupid, it would be easy enough for them to get your details and arrest you. If someone told me something like that I certainly wouldn't go on a website and tell the world that I acted upon inside information.

Why bother with what I'm saying anyway? If you think that I'm deramping (which I'm not - i have no interest in this company) surely it would drive the share price down and you could buy more shares? Then when this oil field comes good the share price rockets and you make a fortune?