Xcite Energy Ltd. explores and develops heavy oil resources. It is a heavy oil development company currently focusing on the development of discovered resources in the North Sea. The company operates through its subsidiary namely, Xcite Energy Resources Ltd. It operates single business segment namely, Development of Oil and Gas Reserves. The company focuses on the development of the Bentley field. Xcite Energy founded in January 2007 and is headquartered in Guildford, the United Kingdom.