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 December 2016 - Rio de Janeiro, January 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) (together, "Companies"), inform the market, that the production for December 2016 reached a total of 247,396 barrels of oil, reflecting Tubarão Martelo Field production.

Find the daily evolution in the table below:

December

Tubarão Martelo

2016

bpd

12/01/16

6,862

12/02/16

5,114

12/03/16

4,933

12/04/16

4,782

12/05/16

5,125

12/06/16

7,837

12/07/16

9,327

12/08/16

9,097

12/09/16

8,870

12/10/16

8,787

12/11/16

8,650

12/12/16

8,567

12/13/16

8,431

12/14/16

8,821

12/15/16

8,478

12/16/16

8,544

12/17/16

8,516

12/18/16

8,474

12/19/16

8,433

12/20/16

8,395

12/21/16

8,367

12/22/16

7,042

12/23/16

8,705

12/24/16

8,419

12/25/16

8,389

12/26/16

8,567

12/27/16

8,440

12/28/16

8,427

12/29/16

8,359

12/30/16

8,279

12/31/16

8,356

Total

247,396

*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 13 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 January 2017 22:00:03 UTC.

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