Xcite Submits Field Development Plan for Bentley Field
Xcite announced that the final draft of the Field Development Plan ("FDP") for the Bentley field has now been submitted to the Department of Energy and Climate Change ("DECC").
The FDP outlines the proposed development plan for the Bentley field, which addresses the first stage production program in detail and also references the second stage production program, which together encompasses the core area of the reservoir.
The Company will respond to any issues raised by DECC in the coming months, in expectation of achieving approval in due course.
- Xcite Confirms $35-per-Barrel Costs for Bentley Field (May 29)
- Xcite Signs Rig Provision Agreement for Bentley Field (Nov 17)
- Xcite Signs Services Deal with Baker Hughes for Bentley Field (Oct 20)