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Message: Re: Xcite Energy opts for semi-submersible rig to drill 9/3b-R well on the Bentley

Things still look like they're going according to plan; drill in July, Spud in late August/early September.

However, with the current price of oil and the global slowdown, I don't expect any drilling success to be reflected in the stock price until some time in 2011 (despite the occasional fluctuations).

Cheers,
PW

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