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 April 2017 - Rio de Janeiro, May 12th, 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 April 2017 reached a total of 239,174 barrels of oil, reflecting Tubarão Martelo Field production.

Find the daily evolution in the table below:

April

Tubarão Martelo

2017

bpd

04/01/17

8,040

04/02/17

7,924

04/03/17

7,912

04/04/17

8,125

04/05/17

8,075

04/06/17

7,787

04/07/17

8,042

04/08/17

7,997

04/09/17

8,005

04/10/17

8,024

04/11/17

8,462

04/12/17

8,010

04/13/17

8,001

04/14/17

8,046

04/15/17

7,944

04/16/17

7,933

04/17/17

7,701

04/18/17

7,911

04/19/17

7,971

04/20/17

7,984

04/21/17

7,818

04/22/17

7,937

04/23/17

8,322

04/24/17

7,857

04/25/17

7,800

04/26/17

7,896

04/27/17

7,964

04/28/17

7,942

04/29/17

7,768

04/30/17

7,977

Total

239,174

*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 12 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 12 May 2017 21:29:14 UTC.

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