Xcite Energy (TSXV:XEL) has updated on the pre-production flow test.
As quoted in the press release:
The pre-production flow test will be continued in order to determine the reservoir fluid behaviour and to gather data to assist in the optimisation of ultimate life-of-field performance.
Xcite Energy’s Chief Operating Officer, Steve Kew said:
With the Phase 1A work programme thus far having once again demonstrated the expertise and delivery capabilities of the Xcite team, we look forward to completing the programme and moving forward with the
important next stages in the development of the Bentley field.