Xcite Shuts in Bentley Well for Future Production

Xcite Energy has suspended the 9/3b-6z well for potential future use as a production well. In addition to the successful well flow test that was performed last month, temperature and sample data had also been safely recovered following a 36 hour shut-in and build up period after the flow test.

The operator will now interpret this data and will release its findings at a later date. The Bentley crude is heavy with an oil gravity of 10 to 12 degrees. The field is located on Block 9/3b in License P.1078 in the UK sector of the North Sea. Xcite Energy wholly owns and operates the field.

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Brent Crude Oil : $51.46/BBL 4.63%
Light Crude Oil : $48.9/BBL 4.78%
Natural Gas : $3.18/MMBtu 0.90%
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