PTRRYPRIO S A

About PRIO S A (PTRRY)

PRIO S A (PTRRY) is a Oil & Gas E&P company headquartered in Rio de Janeiro, Brazil whose shares trade over-the-counter on the Pink tier.

PetroRio is one of the largest independent companies in the oil and gas production in Brazil. It is the operator of the Polvo Field, located in the Campos Basin, where it holds a 60% participating interest. The Polvo Field has Brazil's seventh largest daily production of barrels of oil equivalent (boe). PetroRio is the owner of "Polvo A" fixed platform and a 3.000HP drilling rig, currently in operation in this Field, being the platform connected to the "Polvo FPSO" vessel, with capacity to segregate hydrocarbons and water treatment, oil storage and offloading. Polvo Field license covers an area of approximately 134km2, with several prospects with potential for further explorations. In January 2015, PetroRio announced the proposed acquisition of 80% of the Bijupira and Salema Fields located at the same basin, Campos Basin, at a distance of approximately 80 km from the Polvo Field. In June 2015, PetroRio announced the proposed acquisition of the remaining 20%. The Bijupira and Salema Fields will allow PetroRio to triple its current production volume. The BJSA acquisition is subject to the approval of Brazil's National Agency of Petroleum, Natural Gas and Biofuels (ANP). The Company's corporate culture seeks to increase production through the acquisition of new production assets, the re-exploration of assets, increased operational efficiency and reduction of production costs and corporate expenses. PetroRio's main objective is to create value for its shareholders with growing financial discipline and preserving its liquidity, with full respect for safety and the environment. For further information, please visit the Company's website: www.petroriosa.com.br.

PTRRY key facts

Ticker symbol

PTRRY

Market tier

Pink

Sector

Energy

Industry

Oil & Gas E&P

Headquarters

Rio de Janeiro, Brazil

Country of incorporation

BR

Reporting standard

International Reporting: B3 S.A.

Audit status

Not Available

Fiscal year end

12/31

PRIO S A leadership

• Marcio Rocha Mello — CEO, IR
• Ricardo Bottas Dourado — CFO, Institutional Relations Officer

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