Investor Presentaiton

BALANCED & DIVERSIFIED PORTFOLIO OF ASSETS 9queiroz galvão Macapá EXPLORAÇÃO E PRODUÇÃO Belém São Luís Fortaleza Rio de Janeiro 3 Salvador Vitória Recife - 1st independent Brazilian Oil & Gas Company to operate in the pre-salt premium area of Santos Basin - - 14 Concessions in 8 different basins Operator of 7 concessions, 6 in the exploratory phase and 1 in the development phase. - 1 producing Field: Manati - 3 Fields Under Development - Atlanta, Oliva and Camarão Norte - 2 discoveries - Carcará and Alto de Canavieiras São Paulo D 0 125 250 500 750 1.000 INVESTOR PRESENTATION km P. 9

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