ÓLEO E GÁS PARTICIPAÇÕES S.A. - Em Recuperação Judicial CNPJ/MF: 07.957.093/0001-96 Public Company - BOVESPA: OGXP3 OGX PETRÓLEO E GÁS S.A. - Em Recuperação Judicial CNPJ/MF: 08.926.302/0001-05 Public Company - BOVESPA: OGSA3 - Production numbers for February 2017 - Rio de Janeiro, March 14th, 2017 - Óleo e Gás Participações S.A. - Em Recuperação Judicial ("OGpar") (Bovespa: OGXP3; OTC: OGXPY.PK) and OGX Petróleo e Gás S.A. - Em Recuperação Judicial ("OGX") (Bovespa: OGSA3; OTC: OXPRY.PK) (together, "Companies"), inform the market, that the production for February 2017 reached a total of 219,666 barrels of oil, reflecting Tubarão Martelo Field production.

Find the daily evolution in the table below:

February

Tubarão Martelo

2017

bpd

02/01/17

9,076

02/02/17

8,415

02/03/17

8,766

02/04/17

8,276

02/05/17

8,543

02/06/17

8,443

02/07/17

8,336

02/08/17

8,689

02/09/17

8,361

02/10/17

8,523

02/11/17

8,392

02/12/17

7,411

02/13/17

8,097

02/14/17

8,071

02/15/17

8,602

02/16/17

8,436

02/17/17

7,851

02/18/17

8,316

02/19/17

8,119

02/20/17

7,753

02/21/17

8,397

02/22/17

8,173

02/23/17

8,233

02/24/17

6,378

02/25/17

5,513

02/26/17

5,451

02/27/17

5,498

02/28/17

5,547

Total

219,666

*bpd - Barrel per day

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.

OGpar / 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

OGX Petróleo e Gás Participações SA published this content on 14 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 March 2017 22:04:14 UTC.

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