Additional Listing and Total Voting Rights

ABERDEENSHIRE--(Marketwire - Jul 4, 2011) -

THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR
INTO THE UNITED STATES

                         TSX-V, LSE-AIM: XEL

4 July 2011

                       Xcite Energy Limited

                 ("Xcite Energy" or the "Company")

            Additional Listing and Total Voting Rights

Further to the announcement in relation to the draw down on the Standby
Equity Distribution Agreement issued on 30 June 2011, the Company
announces that it has received approval of the share issue by the TSX
Venture Exchange and it has therefore made an application for the
admission toAIM("Admission")of10,593,220 ordinary shares of no par
value in the capital of the Company (the "New Ordinary Shares").

The NewOrdinarySharesshall rank pari passu with the Company's
existing issued ordinary shares of no par value ("Ordinary Shares") and
dealings are expected to commence on7 July 2011.

Following Admission, the Company's enlarged issued share capital will
comprise175,591,947 Ordinary Shareswith one voting right per
share.There areno shares held intreasury.The total number of voting
rights in the Company is therefore175,591,947.

This figure of 175,591,947 Ordinary Shares may be used by shareholders
in the Company as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or a
change in their interest in, the share capital of the Company under the
FSA's Disclosure and Transparency Rules.

ENQUIRIES:

Xcite Energy Limited                             +44 (0) 1483 549 063

Richard Smith                      Chief Executive
                                   Officer

Rupert Cole                        Chief Financial
                                   Officer


Oriel Securities (Joint Broker and               +44 (0) 207 710 7600
Nomad)
Emma Griffin

Simon Edwards


Morgan Stanley (Joint Broker)                    +44 (0) 207 425 8000

Andrew Foster


Pelham Bell Pottinger                            +44 (0) 207 861 3232

Mark Antelme

Henry Lerwill

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.

Oriel Securities which is authorised and regulated in the United
Kingdom by the Financial Services Authority, is acting exclusively for
Xcite Energy and for no one else in connection with the subject matter
of this announcement and will not be responsible to anyone other than
Xcite Energy for providing the protections afforded to its clients or
for providing advice in connection with the subject matter of this
announcement.

Morgan Stanley which is authorised and regulated in the United Kingdom
by the Financial Services Authority, is acting exclusively for Xcite
Energy and for no one else in connection with the subject matter of
this announcement and will not be responsible to anyone other than
Xcite Energy for providing the protections afforded to its clients or
for providing advice in connection with the subject matter of this
announcement.

                    This information is provided by RNS
          The company news service from the London Stock Exchange

END