4Q13 and 2013 RESULTS March 31, 2014 -1- Polvo A Platform
HIGHLIGHTS 4Q13 AND SUBSEQUENT PERIOD ANPs approval for the assignment of a 60% participating interest in the Polvo Field from BP to HRT Beginning of activities, as operator, in the Polvo Field, and sale of first crude oil…
STRATEGIC POSITIONING Solimes Gas monetization and partnerships for exploration New Work Plan Interpretation and homogenizing process of all seismic data from the basin, to permit its regional mapping Search for partners for…
STRATEGIC POSITIONING Polvo HRTs 1st producing asset New Overview for the Company With Polvos oil production, HRT became the Brazils fifth largest producer of oil fields New phase with operation by HRT Highlights: Production…
STRATEGIC POSITIONING Polvo Next Steps Planning for drilling 1 well in 2014 The field has a considerable amount of proved undeveloped reserves, as well as probable and possible reserves Oil Reserves Gross Net (Mbbl) (Mbbl)…
STRATEGIC POSITIONING Namibia Partnerships for exploration New Work Plan Wingat-1 well drilling confirmed the existence of an active petroleum system with the recovery of light oil sample with 42 API and it penetrated two thick…
2013 CASH FLOW TOTAL CASH Million BRL 1,600 53 39 1,400 394 1,200 1,000 36 1,068 800 600 1,052 400 200 428 - Beginning Cash-4Q12 Inflow from revenues Inflow from receivables Warrants & Loans Non-Recurring Recurring Final…
CASH POSITION Million R 1,400 Highlights: 1,200 1,052 Liquidity of R 155 MM 1,000 144 Guarantees: 829 814 R 222 MM in an escrow account for the Polvo 800 acquisition 141 608 600 R 51 MM cash collateral - Credit Suisse 449…
CORPORATE GOVERNANCE Macrostructure Shareholders Fiscal Board of Audit Committee Council Directors Compensation Committee Roberto Portella Helio Costa Elias de Matos Brito Vinicius Carrasco Compliance and Elia Shikongo…
FINAL REMARKS HRT New Directions Operational company with cash generation Focus on the oil and gas production, with reduction in the exploratory risk exposure Portfolio diversification in multiple areas to reduce the risk of…
INVESTOR RELATIONS CONTACT HRT Participaes S.A. Av. Atlntica 1130 10 andar Copacabana CEP 22021-000 - Rio de Janeiro - RJ - Brasil www.hrt.com.br/ir Eduardo Jcome Sandra Calcado Tainah Costa Organizational Management and IRO…