• Home
  • Investors
  • AIM Rule 26

AIM Rule 26

The following information is being provided for the purposes of AIM Rule 26 compliance. This information was last updated 24 August 2015.

Business Description

The Company, through its wholly owned subsidiary, Xcite Energy Resources plc ("XER"), is an appraisal and development company, which is focused on the appraisal and development of heavy oil resources in the North Sea on the United Kingdom Continental Shelf.

The Company is incorporated and domiciled in the British Virgin Islands under the BVI Business Companies Act, 2004 with its registered office in Tortola, BVI, under Company Number 1376877.  As such, the rights of shareholders may be different from the rights of shareholders in a UK incorporated company. The Company is listed on AIM in London and the Toronto Stock Exchange – Venture Division in Canada.

In 2003 XER was awarded its 100% working interest in the Bentley field in Block 9/3b in the UK North Sea. In 2013 XER was awarded its 100% working interests in Blocks 9/4a, 9/8b and 9/9h. All of the Company’s current material assets are held through XER.

XER’s corporate office is located at , Guildford, Surrey, GU2 4RG, United Kingdom. XER’s operational office is located at , Aberdeen, AB15 4YD, United Kingdom.

The executive management team of the Company includes experienced oil professionals with over 100 years of combined industry experience.

Directors and Management

Responsibilities of the Board

Financial Statements

Annual Reports

2008 Annual Report

Quarterly Financial Statements

Major Shareholder Analysis

View the shareholder analysis and free float information

Constitutional Documents

Annual Information Form

Published : Monday, August 24, 2015 3:28 PM UTC