Opinions
Randall Abramson
Xcite Energy.
XEL-X
BUY
Oct 27, 2011
Financing is about to be resolved. Drilled key appraisal well that delineated the well. Best north sea well in years. There is a dilution concern. They are in discussion with a number of banks. In 30-60 days you will see the bank line come into place. Will bring in drilling rig in early December.
$2.200
Stock price when the opinion was issued
Oil and Gas (Integrated Oils)
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