Xcite Energy Limited ("Xcite Energy" or the "Company") 9/3b-6z Well Update

   This Announcement Is Not for Release, Publication or Distribution in or Into the United States.

Xcite Energy (TSX-V: XEL) (LSE: XEL) (AIM: XEL) announces that the 9/3b-6z horizontal well section on the Bentley field has not yet commenced the test phase and is still waiting on weather. The well test is expected to commence as soon as conditions allow.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

ENQUIRIES: Xcite Energy Limited Richard Smith Chief Executive Officer Rupert Cole Chief Financial Officer [phone] Arbuthnot Securities Limited (Nomad and Broker) Antonio Bossi Director [phone] Pelham Bell Pottinger Mark Antelme Director Henry Lerwill [phone] Paradox Public Relations Jean-Francois Meilleur Consultant [phone]