Xcite sells Bentley crude for better-than-expected price

Xcite Energy, the AIM-listed North Sea oil and gas group, said on Friday that it had sold in excess of 135,000 barrels of crude from its Bentley field for a better-than-expected price.

Xcite Energy, the AIM-listed North Sea oil and gas group, said on Friday that it had sold in excess of 135,000 barrels of crude from its Bentley field for a better-than-expected price.

Through the marketing and offtake agreement with BP Oil International, Xcite sold the oil to an unnamed "major refining participant in the European market".

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