Xcite Energy Limited (XEL) is a heavy oil appraisal and development company, with current interests in four blocks in the UK North Sea, all of which are held with 100% working interests through its wholly-owned UK subsidiary, Xcite Energy Resources plc (XER). Its primary focus is in bringing the Bentley oil field on Block 9/3b into production and in doing so becoming a significant independent oil producer in the North Sea.