Cancellation of Xcite Energy Limited and Xcite Energy Resources Licences
224 Comments
A
Alan Dougall
9 years ago
No comments.
J
Jim McNee - Glasgow
9 years ago
Hi
I have been purchasing these share since Feb-2012. When the price was 142p. I now have 62,500 shares. Based and encouraged to buy on the statements and lies of Rupert Cole. @ AGM. See below as an example :-
Date: Monday 08 Apr 2013
LONDON (ShareCast) - Xcite Energy on Monday announced an increase in oil reserves at its Bentley field in the North Sea.
The company reported an average petroleum initially in place (PIIP) of 909m stock tank barrels (MMstb), up from 550 MMstb in February.
Xcite forecasts a peak production rate of 45,000 stock tank barrels per day (stb/d) in the first phase of development, rising to 57,000 stb/d in the second phase.
The net present value after tax value of oil reserves for the field is estimated at a total of $6.5bn for all reserves combined.
"I am very pleased to report this significant increase in both reserves and value attributable to our assets, which supports our long-held belief in the potential of the Bentley field,” said Chief Executive Officer Rupert Cole.
He said the upgrade will allow the company to expand its borrowing capacity to invest further in the field.
An updated field development plan will be submitted to Department of Energy and Climate Change in coming months.
J
John Morgan
9 years ago
We demand justice and the only reasonable course of action is to temporarily suspend the licences allocated to XER and XEL pending a further negotiated settlement acceptable to all stakeholders.
A
Anonymous
9 years ago
This is shocking how this asset has been managed.
A
Allan Brownie
9 years ago
Signed!
M
Marcus Clarke
9 years ago
Very sad outcome for the shareholders who have supported this company.
J
Jon Northfield
9 years ago
Wasted a lot of money on this share. I feel we, the shareholders, have been swindled
M
M Underwood
9 years ago
Agree
D
DAVID HOLT
9 years ago
Please help.........................
M
Matt
9 years ago
disgrace
G
Glenn Smith
9 years ago
The BOD have mislead us disgustusting .
A
Anonymous
9 years ago
I agree with this petition....
D
Denis Cadd
9 years ago
In suffiecient information from the Comapny informing us of the options available. They have constantly refused to tell shareholders what discussions are on going ... if any !!
S
steve hunt
9 years ago
listen only to the board
the silence is deafening !!!!
A
Alan Stewart
9 years ago
They are stealing my pension money and my son and daughters future, these people are not honourable and should be treated as such.
A
Anonymous
9 years ago
Agree with the petition.
W
ww jd hutchison
9 years ago
20346 shares
A
Anonymous
9 years ago
suspect something underhand has happened here
B
Brian
9 years ago
Everyone including BHs will end up with nothing. Time still to get together and reach win-win solution.
A
Anonymous
9 years ago
Disgusted with the actions of the management and apparent breaxh if fiduciary duty.
No comments.
Hi I have been purchasing these share since Feb-2012. When the price was 142p. I now have 62,500 shares. Based and encouraged to buy on the statements and lies of Rupert Cole. @ AGM. See below as an example :- Date: Monday 08 Apr 2013 LONDON (ShareCast) - Xcite Energy on Monday announced an increase in oil reserves at its Bentley field in the North Sea. The company reported an average petroleum initially in place (PIIP) of 909m stock tank barrels (MMstb), up from 550 MMstb in February. Xcite forecasts a peak production rate of 45,000 stock tank barrels per day (stb/d) in the first phase of development, rising to 57,000 stb/d in the second phase. The net present value after tax value of oil reserves for the field is estimated at a total of $6.5bn for all reserves combined. "I am very pleased to report this significant increase in both reserves and value attributable to our assets, which supports our long-held belief in the potential of the Bentley field,” said Chief Executive Officer Rupert Cole. He said the upgrade will allow the company to expand its borrowing capacity to invest further in the field. An updated field development plan will be submitted to Department of Energy and Climate Change in coming months.
We demand justice and the only reasonable course of action is to temporarily suspend the licences allocated to XER and XEL pending a further negotiated settlement acceptable to all stakeholders.
This is shocking how this asset has been managed.
Signed!
Very sad outcome for the shareholders who have supported this company.
Wasted a lot of money on this share. I feel we, the shareholders, have been swindled
Agree
Please help.........................
disgrace
The BOD have mislead us disgustusting .
I agree with this petition....
In suffiecient information from the Comapny informing us of the options available. They have constantly refused to tell shareholders what discussions are on going ... if any !!
listen only to the board the silence is deafening !!!!
They are stealing my pension money and my son and daughters future, these people are not honourable and should be treated as such.
Agree with the petition.
20346 shares
suspect something underhand has happened here
Everyone including BHs will end up with nothing. Time still to get together and reach win-win solution.
Disgusted with the actions of the management and apparent breaxh if fiduciary duty.