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9/3b-R Well Spud and Contracting of Tanker

Source: www.gulfoilandgas.com 9/29/2010, Location: Europe

The Xcite Energy Company is pleased to announce that the Ocean Nomad semi-submersible drilling rig has arrived on location of the 9/3b-R well on the Bentley field and the circa 65 day well programme has commenced.

In addition, the Company has contracted with Knutsen OAS (UK) Limited to provide an offtake tanker to store well products from the intended well test.

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