TMX group

ABERDEENSHIRE, UNITED KINGDOM--(Marketwire - June 01, 2011) -

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART
DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO
WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF
SUCH JURISDICTION



                         TSX-V, LSE-AIM: XEL





1 June 2011

                        Xcite Energy Limited

                 ("Xcite Energy" or the "Company")



                         Analyst Presentation



Xcite Energy today gave a presentation to analysts in London.The
presentation focused on the recent Reserves Assessment Report for the
Bentley Field.No new material information was provided.A copy of
the presentation is available on the Company's website.

ENQUIRIES:

Xcite Energy Limited                         +44 (0) 1483 549  063

Richard Smith             Chief Executive
                          Officer

Rupert Cole               Chief Financial
                          Officer


Rothschild (Financial Adviser)               +44 (0)207 280 5000
Neeve Billis
Stewart MacDonald


Oriel Securities (Joint Broker and          +44 (0) 207 710 7600
Nomad)
Emma Griffin
Simon Edwards
Michael Shaw


Morgan Stanley (Joint Broker)               +44 (0)207 425 8000
Andrew Foster


Pelham Bell Pottinger                       +44 (0) 207 861 3232
Mark Antelme
Henry Lerwill





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.



Rothschild 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.



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.



                    This information is provided by RNS
          The company news service from the London Stock Exchange

END