Xcite sells Bentley data

摘要

Xcite Energy said that it has agreed a deal to sell technical data from its UK North Sea Bentley 9/03b-6, 6z well, and the recently concluded 9/03b-7 and 7z extended pre-production well test. Xcite will receive US $15m in respect of the well data and associated interpretation work. An additional payment of $lm will be made to XER following certain regulatory milestones being achieved by the purchaser.