OGX PETRÓLEO E GÁS S.A. - Em Recuperação Judicial CNPJ/MF: 08.926.302/0001-05 Public Company - BOVESPA: OGSA3 - Notice to the Market - Rio de Janeiro, May 09th, 2017 - OGX Petróleo e Gás S.A. - Em Recuperação Judicial ("OGX" or "Company") (Bovespa: OGSA3; OTC: OXPRY), announces to the market that Mr. Paulo Roberto Motta Ayd, elected at the Ordinary Shareholders' Meeting occurred on April 28th, 2017 for the sitting member position of Company's Fiscal Council, has sent a notice to the Company informing that, for personal reasons, is unable to be part of Company's Fiscal Council. As a consequence, his corresponding substitute, Mr. Marcello de Souza Marin, has assumed the position of sitting member in OGX's Fiscal Council. LEGAL NOTICE

This document contains Company-related statements and information that reflect the current vision and/or expectations the Company and its management have regarding its business plan. These include, among others, all forward-looking statements that involve forecasts and projections, indicate or imply results, performance or future achievements, and may contain words such as "believe," "foresee," "expect," "consider," "is likely to result in" or other words or expressions of similar meaning. Such statements are subject to a series of expressive risks, uncertainty and premises. Please be advised that several important factors can cause the actual results to diverge materially from the plans, objectives, expectations, estimations, and intentions expressed in this document. In no event shall the Company or the members of its board, directors, assigns or employees be liable to any third party (including investors) for investment decisions or acts or business carried out based on the information and statements that appear in this presentation, or for indirect damage, lost profit or related issues. The Company does not intend to provide to potential shareholders with a revision of the statements or an analysis of the differences between the statements and the actual results. Each investor must conduct and rely on its own evaluation, including of the associated risks, in making an investment decision.

OGX Contacts Investors:

Márcia Mainenti Victor Rosenzvaig ri@ogpar.com.br

+55 21 3916 4545

Media:

Cibele Flores cibele.flores@ogpar.com.br

+55 21 3916 4505

Oleo e Gas Participacoes SA published this content on 09 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 09 May 2017 22:55:14 UTC.

Original documenthttp://www.ogx.com.br/download_arquivos.asp?id_arquivo=595EC9DC-0971-40FF-A723-2B3232EE654A&tipo=53353

Public permalinkhttp://www.publicnow.com/view/654F3BB91E91E458232920BB97002AF1955AE198