SOURCE: Xcite Energy Limited

July 26, 2011 02:00 ET

Xcite Energy Submission of Environmental Statement

ABERDEENSHIRE, UNITED KINGDOM--(Marketwire - Jul 26, 2011) -




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

                          TSX-V, LSE-AIM: XEL

26 July 2011



                           Xcite Energy Limited
                    ("Xcite Energy" or the "Company")

                   Submission of Environmental Statement

Xcite Energy is pleased to announce that submission has now been made
to the Department of Energy and Climate Change ("DECC") of the
Environmental Statement for the planned First Stage Production on the
Bentley field.

This is a standard DECC requirement in connection with, but not
simultaneous with the submission of a field development plan, which
requires that a public document is made available for consultation and
comment for a period of four weeks following formal publication by the
Company in selected news media. Such publication is expected to be
undertaken shortly.

The purpose of the Environmental Statement is to provide an assessment
of the potential environmental effects that may arise from the proposed
operations on the Bentley field and to identify measures which will be
put in place to minimise these effects.

The Environmental Statement is now available for viewing on the Company
website at  www.xcite-energy.com/companyinformation.htm .
ENQUIRIES:
Xcite Energy Limited                               +44 (0) 1483 549 063
Richard Smith                Chief Executive
                             Officer
Rupert Cole                  Chief Financial
                             Officer
Oriel Securities (Joint Broker and Nomad)          +44 (0) 207 710 7600
Emma Griffin                 Partner
Simon Edwards                Partner

Morgan Stanley (Joint Broker)                      +44 (0) 207 425 8000
Andrew Foster                Managing Director
Pelham Bell Pottinger                              +44 (0) 207 861 3232
Mark Antelme                 Director
Henry Lerwill

Paradox Public Relations                           +1 514 341 0408
Jean-Francois Meilleur       Consultant
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.

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.

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.



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          The company news service from the London Stock Exchange

END

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