Xcite Energy that the pre-production flow test is progressing well.

Following planned equipment maintenance, offtake procedure testing and further optimisation of process equipment, the 9/03b-7 well has been producing at a stabilised rate of approximately 3,200 barrels per day with no associated basic sediments or water. This is viewed as being well within the operational performance of the reservoir.

Bentley crude oil collected so far in the Scott Spirit tanker is in excess of 47,000 barrels of dry oil and thus achieves another major technical objective of the flow test.

Tags: Xcite Energy