Skip to main content

Cancellation of Xcite Energy Limited and Xcite Energy Resources Licences

224 Comments

D
Dean Farrell
9 years ago

In this murky world we live surely something will be done for the good of the share-holders. I have worked and saved for many years, lived an honest life just so this can happen. Obviously honesty is not the best policy. I'm in a bad place right now.

A
Anonymous
9 years ago

Absolutely disgraceful - this needs full investigation from MPs.

M
Michael
9 years ago

If we are to play cricket it should be fair! and Kem=champion. -11 000 shares!!!!!!

H
haroon khalid
9 years ago

Shocking!

D
Daniel Carr
9 years ago

We want a fair share of the Company.

C
Chris Titley
9 years ago

I agree.

B
Benjamin Huey
9 years ago

I fully support this petition. It's an utter disgrace what has happened and the management team should be brought to justice

A
Anonymous
9 years ago

We the undersigned demand that all current North Sea Licences allocated to Xcite Energy Limited (XEL) and Xcite Energy Resources (XER) are temporarily suspended forthwith, with a view to finally cancelling the Licence should the Board of Directors and Bondholders not engage further with the Private Shareholders. XEL is to be liquidated. Please consider invoking the relevant clause in the Model Clauses. XER has no viable financial future. Please refer to your Petroleum Licensing Financial Guidance: Financial Viability Notes. This petition is delivered for the direct action of Mr ANDY SAMUEL, Chief Executive of the OGA; Mr GREG CLARK, Business & Energy Secretary; Mr MORTEN SANNES BREDESON Nordic Bondholders Trust (for information)

M
Mushtaq Hussain
9 years ago

Help!

N
Nick Tizzard
9 years ago

The government need to investigate this shambles for the future of investment and confidence in NS Oil

E
Eric Bal
9 years ago

PLEASE! For once in your life fight for justice to us all!!!!

I
Ian Green
9 years ago

Thieves and liars.

M
Michael Collins
9 years ago

Absolute crooks!

S
Susan Carr
9 years ago

A disgusting move by Board of Directors. I want my moneyback. They have deceived and lied.

P
Peter hannaway
9 years ago

Lost a lot of money here including some pension provisions. Disgusted with BH action. Why not 70/30 split.

E
Evelyn Pirie
9 years ago

Having lost a large part of an inheritance in XEL, I am devastated at the present outcome and demand some answers.

I
Iain Dobson
9 years ago

An asset with national strategic significance that needs to be supported as do the PI's who helped to progress the business.

D
D P Moon
9 years ago

Aim market is bent, and needs to be cleansed of serial fraudsters....

R
Robert Turnbull
9 years ago

we are shareholders we own a part of this company and should a say in what happens !!!

D
Derek luffman
9 years ago

We have been mislead ever since the sale of oil that was produced. This is one of the largest oil finds in the north sea, there is no way this company should be in this situation now, I am now totally convinced the board of directors have conned and defrauded us shareholders, I personally have lost in excess of £250000.