| HRT OIL (HRTP-NM) - update the amount of Global Depositary Shares HRT OIL (HRTP-NM) Updating the amount of Global Depositary Shares in circulation Sent the following Notice to the Market: "Rio de Janeiro, February 2, 2015 - The PetroRio1, brand new HRT Participações em Petróleo SA (the" Company "or" PetroRio ") (BM & FBOVESPA: HRTP3, TSX-V: HRP), announces that the records of the TSX Venture Exchange ("TSX-V") have been updated to reflect the amount of Global Depositary Shares ("GDS") of PetroRio currently in circulation. In February 1, 2015, there were 9,465,158 GDSs in circulation (each GDS represents 0 ., 5 of a common share of PetroRio) More details on the GDSs are available in the form of the Company's annual For additional information, contact the Area of Relations with Investors of PetroRio CONTACTS RI: Guilherme Marques - CFO.. and Investor Relations Tainah Coast - Investor Relations Specialist Tel: +55 21 3721-3810 ri@petroriosa.com.br 1 The Company's styling remained as HRT Participações em Petróleo SA, until the new social denomination is proposed Directors for approval by the shareholders at next meeting. The shares and GDSs the Company will continue to trade by codes ("tickers") HRTP3 at BM & FBOVESPA, and HRP, the TSX-V, until the new social denomination is approved and requests for amendment of tickers are authorized by BM & FBOVESPA and CVM - Securities and Exchange Commission. The Company will keep its shareholders and the market in general informed of the progress of this process. About PetroRio The PetroRio and one of the largest independent companies of production of oil and natural gas in Brazil. And Octopus Field operator located in the southern portion of the Campos Basin, Rio de Janeiro, where it holds 60% interest. The Octopus field has the seventh highest daily production of oil equivalent barrels of the country, with 20.3o. API through three reservoirs producers. The PetroRio owns, through its subsidiaries, the fixed platform "Octopus A" and piercing probe 3,000 HP operating in the field, with the interconnected platform to ship "FPSO Octopus", with capacity for oil separation and treatment water, storage and transfer of oil. Octopus Course of The license covers an area of approximately 134 million m2 with several prospects for future explorations. In January 2015 PetroRio announced the acquisition of 80% of Bijupira Salema field located in the same basin, in the Campos Basin, at a distance of approximately 80 km from the Octopus Field, tripling its volume of current production, passing to produce daily more than 33,000 barrels of oil. This acquisition is subject to approval by the ANP and CADE. Moreover, PetroRio comes up with a new culture focused on increasing production through the acquisition of new assets in production, re-exploration and optimization of Octopus fields, Bijupira and Salema, increased operational efficiency and reduction of production costs and corporate expenses . Its main objective and the generation of value for its shareholders with the protection of its liquidity and increase its revenue and profit, with full respect to safety and the environment. For more information visit: www.petroriosa.com.br. Disclaimer All declarations other than statements of historical facts contained herein are statements of future events, including, but not limited to, statements regarding our drilling and seismic acquisitions plans, operating costs, acquisition of equipment, expectations of oil discoveries, the quality of oil we expect to produce and our other plans and objectives. Readers can identify many of these statements by looking for words such as "expects," "believes," "expects" and "will" and similar words or the negative thereof. Although the administration believes that the expectations represented in such statements are reasonable, it can not assure you that such expectations will be confirmed. By their nature, forward-looking statements looking statements require us to make assumptions and thus such declarations are subject to inherent risks and uncertainties. Caution readers of this document not to place undue confidence in our forward-looking statements because a number of factors may cause actual results, conditions, actions or events to differ materially from the plans, expectations, estimates or intentions expressed in declarations about future events and assumptions underlying. The declarations about future events included here are based on the assumption that our plans and operations will not be affected by such risks, but that, if our plans and operations are affected by such risks, the declarations about future events may become inaccurate . The declarations about future events included in this document are expressly qualified in their entirety by this notice. Such declarations were made on the date hereof. Do not commit to update such declarations about future events, except as required by the laws of applicable securities. " |