Xcite Tests Positive at Bentley Field

Xcite Energy has completed a flow test of horizontal well 9/3b-6z on the Bentley field. The operator completed a comprehensive flow test over 36 hours, including cleanup of nine hours, with cumulative production to tote tanks of more than 2,000 barrels.

The company conducted multi-rate flow tests on the well and achieved a final stabilized flow rate of 2,900 barrels bopd. The flow rates achieved have demonstrated the fields' commerciality and Xcite will now proceed to the first stage production, planned for 2011.

The Bentley field is located on Block 9/3b in License P.1078 in the UK sector of the North Sea, situated 99 miles (160 kilometers) east of the Shetland Isles in 371 feet (113 meters) of water. Xcite Energy wholly owns and operates the field.

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