Sales Contract, Commercial Pipes, page-5

Oilex Ltd announces sales agreement
- http://www.reuters.com/finance/stocks/OEX.L/key-developments/article/3029176

Oilex Ltd:Says that it has received endorsement from the relevant Government of India authorities for the sale of gas from Cambay Field, specifically Cambay-73 well.Says this is a critical for increasing production from the field and supplying gas to the local market.Says returning Cambay-73 to production will also facilitate the collection of key data to further assess the reservoir deliverability of the same reservoir intersected by Cambay-77H.