ABERDEENSHIRE, UK--(Marketwire - June 23, 2008) -
THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR
INTO THE UNITED STATES
In accordance with AIM Rule 20, Xcite Energy ("the Company") (
TSX-V:
XEL)
(
LSE:
XEL) (
AIM:
XEL) confirms that its annual report and accounts for the
year ending 31 December 2007 have been sent to shareholders and can also be
downloaded from the Company's website at:
www.xcite-energy.com
Notes to Editors:
Xcite Energy (
www.xcite-energy.com) is an appraisal and development company
currently focused on the development of heavy oil resources in the North
Sea on the UK Continental Shelf (the "UKCS"). The Company has a 100%
working interest in Block 9/3b, the Bentley Field, one of the largest
undeveloped heavy oil fields in the North Sea.
The TSX Venture Exchange does not accept responsibility for the adequacy or
accuracy of this release.
Contact Information: Enquiries:
Xcite Energy
+44 (0) 1330 826 740
Richard Smith
Chief Executive Officer
Rupert Cole
Chief Financial Officer
Thomas Weisel Partners (UK) Limited
+44 (0) 20 7877 4472
Paul Colucci
Managing Director
Paul Newman
Managing Director
Strand Partners Ltd.
+44 (0) 20 7409 3494
James Harris
Director
Warren Pearce
Associate Director
Pelham Public Relations
+44 (0) 20 7743 6676
Alisdair Haythornthwaite
Director
Katherine Stewart
Account Manager
Lucy Frankland
Account Manager