TIDMXEL

RNS Number : 8711P

Xcite Energy Limited

22 November 2016

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

LSE-AIM: XEL

22 November 2016

Xcite Energy Limited

("Xcite Energy" or the "Company")

Court Hearing Date

Further to the Company's announcement on 25 October 2016, a petition to the Eastern Caribbean Supreme Court in the British Virgin Islands requesting, amongst other things, that the Company be placed into liquidation will be heard by the court on 5 December 2016.

 
 ENQUIRIES: 
                             +44 (0) 1483 
  Xcite Energy Limited            549 063

Forward-Looking Statements

This announcement contains certain forward-looking statements that are subject to the usual risk factors and uncertainties associated with the oil and gas exploration and production business. Whilst the Company believes the expectations reflected herein to be reasonable in light of the information available to it at this time, the actual outcome may be materially different owing to factors beyond the Company's control, or otherwise within the Company's control, for example, if the Company decides on a change of plan or strategy. Accordingly, no reliance may be placed on the figures contained in such forward-looking statements.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

November 22, 2016 11:00 ET (16:00 GMT)

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