1Q13 Results - MZ Brazil

1Q13ABOUT HRTHRT Participações holds one of the largest independent oil and gas exploration and production companiesin Brazil. The HRT Group comprises eight main subsidiaries: HRT O&G Exploração e Produção de PetróleoLtda., Integrated Petroleum Expertise Company – Serviços em Petróleo Ltda., HRT Africa PetróleoS.A., HRT Netherlands B.V., Air Amazonia Serviços Aéreos Ltda., HRT America Inc., HRT Canada Inc..The Company retains a 55% interest in 21 exploratory blocks in the Solimões Basin. HRT also operatesten exploratory blocks off the Namibian coast: eight blocks in the Orange Sub-basin and two blocks inthe Walvis Sub-basin. HRT’s team includes PhDs and masters in geochemistry, geophysics, biology andengineering, most of them former employees of Petrobras and ANP (Brazil petroleum agency). HRT iscommitted to minimizing any possible environmental impacts in the sites where it acts. Our commitmentto the local communities is towards health conditions, safety and quality of life. For more information,please visit the Company’s website: www.hrt.com.br/irDISCLAIMERCertain information contained in this document, including any information as to our strategy, projects, plans or future fi nancial or operating performance and otherstatements that express management’s expectations or estimates of future performance constitute “forward-looking statements”. All statements, other thanstatements of historical fact, are forward-looking statements. The words “believe”, “expect”, “will”, “anticipate”, “contemplate”, “target”, “plan”, “continue”,“budget”, “may”, “intend”, “estimate” and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon anumber of estimates and assumptions that, while considered reasonable by management, are inherently subject to signifi cant business, economic and competitiveuncertainties and contingencies. HRT cautions the reader that such forward-looking statements involve known and unknown risks, uncertainties and other factorsthat may cause the actual fi nancial results, performance or achievements of HRT to be materially different from HRT’s estimated future results, performance orachievements expressed or implied by those forwardlooking statements and the forward-looking statements are not guarantees of future performance.HRT disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise,except as required by applicable law.| Page 14 |