2015 - per the 10K, page-8

Cmon, my hair is thinning so I try not to worry too much
An extreme example on the production point is the Bootleg-6 well which in the 10k produced 13,125 BOE in 2015 FY (includes only gas sold). Per the July 15 ND mthly report the production was 11,374 BOE (9227 Oil, 12881 gas sold). For this wells 2016 production to increase in 2016 it needs 1751 boe extra in the next 11 mths. Once achieved that production will offset some older wells decline. Note: this example is not representative of all wells as they are all different and picked for illustration only.

Also supporting this view is the production forecast in the Enercom presentation which gives average mthly production for the existing wells. If they achieve these rates then by my calc's the annual 2016 production is higher than 2015. There is no capex required only opex so cash required to grow production in 2016 year which imo provides a good platform to respond to the low op challenges.
Bw