This company seems to have something going for it with steady increases in petroleum output now averaging 16000 bopd, no debt, and a mere capitalisation of below £200 million at current price of £1.21. Do the maths. Looks Cheap! Am I missing something?
This could well be a candidate for an opportunistic takeover. imo.

EXI closed below major support at 119 maybe down again a bit more on Monday?

Net profit for end 2013 was up 161% on 2012 in the latest RNS release?