Xcite Energy Limited Announces 1st Quarter Results

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Formation of the Bentley Alliance and engaging industry leading partners including BP, AMEC, Transocean and ADTI to assist in the programme to bring the Bentley field into development.

Xcite Energy (TSX-V: XEL) (LSE: XEL) (AIM: XEL), a developer of heavy oil assets in the UK North Sea, today reported its unaudited financial results for the 3 month period ended March 31, 2010.

The press release is quoted as saying:

Formation of the Bentley Alliance and engaging industry leading partners including BP, AMEC, Transocean and ADTI to assist in the programme to bring the Bentley field into development.

Click here to access the entire press release

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