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 May 2017 - Rio de Janeiro, June 13th, 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 May 2017 reached a total of 234,709 barrels of oil, reflecting Tubarão Martelo Field production.

Find the daily evolution in the table below:

May

Tubarão Martelo

2017

bpd

05/01/17

7,799

05/02/17

7,932

05/03/17

7,846

05/04/17

8,022

05/05/17

8,776

05/06/17

7,651

05/07/17

8,142

05/08/17

8,077

05/09/17

8,066

05/10/17

8,244

05/11/17

7,889

05/12/17

8,008

05/13/17

7,946

05/14/17

7,659

05/15/17

7,890

05/16/17

7,725

05/17/17

8,082

05/18/17

8,106

05/19/17

6,535

05/20/17

7,346

05/21/17

7,205

05/22/17

6,902

05/23/17

7,361

05/24/17

6,480

05/25/17

6,679

05/26/17

6,681

05/27/17

6,204

05/28/17

6,595

05/29/17

7,425

05/30/17

7,707

05/31/17

7,728

Total

234,709

*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

Oleo e Gas Participacoes SA published this content on 13 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 June 2017 22:18:10 UTC.

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