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Yorkville Advisors completes proprietary equity financing deal with Xcite Energy Ltd.

Yorkville Advisors and Xcite Energy Ltd have entered into a £20 million Standby Equity Distribution Agreement, with Xcite Energy Ltd aiming to become a significant independent heavy oil producer in the North Sea by 2014. The story was covered by OilVoice, an online source of oil industry news. OilVoice is a relevant site for Yorkville Advisors to achieve coverage on as the news will be read by other energy companies who may be interested in Yorkville's investment services.


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Yorkville Advisors Completes Financing Deal With Xcite Energy
OilVoice features a global selection of oil company profiles in one location, alongside continually updated industry news, operational data and focused regional information. The OilVoice e-newsletter is circulated by direct mail on a named individual basis to a controlled database of over 25,000 professionals in the oil and gas sector every week.