09:51 AM EST - Xcite Energy : announced that its 100% subsidiary, Xcite Energy Resources Limited, has entered into a Memorandum of Understanding with Aibel AS, which sets out the principles for executing the Engineering, Procurement and Construction of the Ove Arup & Partners designed self-installing ACE platform selected for the Bentley field. Xcite Energy
shares V.XEL are trading unchanged at $1.15.