Ann: OILEX Investor Presentation March 2015, page-15

Yes OEX does mention a couple of times they are targeting cash positive operations in H2 2015 in the latest Investor Presentation 17/3/15 however there is a note at the bottom of the presentation stating it Excludes Cambay Field CAPEX. I am not really sure what to make about this and I am guessing the market is hesitant too due to the lack of detail. Forecast production in the document is 340 bbls/day gross IMO if they do not exceed this amount the market will punish OEX again meeting this target alone will not be enough after years of disappointments.