MPX ENERGIA S


ÓLEO E GÁS PARTICIPAÇÕES S.A. CNPJ/MF: 07.957.093/0001-96 Public Company - BOVESPA: OGXP3 - New Creditors General Assembly - Rio de Janeiro, September 9, 2014 - Óleo e Gás Participações S.A. - Em Recuperação Judicial (the "Company") (BM&FBOVESPA: OGXP3; OTC: OGXPY.PK), in compliance with article 157, paragraph 4 of Brazilian Law No. 6.404/76 and CVM Rule No. 358/02, announces that it has requested with the Bankruptcy Court overseeing the Company's and certain of its subsidiaries' judicial reorganization, the convening of a new Creditors General Meeting, already granted by the referred judgment.

This measure was taken preventively, as there is no guarantee, on the date hereof, that all precedent conditions, including obtaining registration of OGX Petroleo e Gas SA ("OGX"), subsidiary of OGpar, as a public company in Commission Securities - CVM, will be completed until September 30, 2014, by the Companies' outside issues. Therefore, and in view of the need for certain advance convening for the General Meeting of Creditors, the Company decided to preventively and as caution, make arrangements for convening so that, if necessary, the Creditors General Meeting could be held within the deadline provided in the Reorganization Plan, as set out in clause 11.1 of the Company's Reorganization Plan.
Thereafter, the Creditors General Meeting's agenda, to be held on September 29, 2014 on first call and October 7, 2014 on second call, if necessary, will consist of deliberation on the need for waiver, in whole or partly, of the Resolving Conditions in the Reorganization Plans approved in the form of your items 12.2 (OGX), 11.1 (OGPar) and 9.1 (OGX Austria GmbH), respectively, and, if necessary, any adjustments in the Reorganization Plans.
The Company will keep its shareholders and the market informed regarding the judicial reorganization proceedings.

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 Contacts

Investors:
Marcia Mainenti Marianna Sampol ri@ogpar.com.br
+55 21 3916 4545
Media:
Cibele Flores, Cibele.flores@ogpar.com.br
+55 21 3916 4505

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