Oct 4, 2018   SOURCE: BusinessWire

Petro Rio S.A. Announces September 2018 Operational Data

Petro Rio S.A. (“Company” or “PetroRio”) (B3: PRIO3), in compliance with best practices in corporate governance and transparency, informs its preliminary and non-audited Operational Data.

POLVO

    MANATI²

Month

 

Average Production
(bpd)

 

Offtakes (bbl)

Month  

Average Production
(m³)

January   5,124¹   - January   408,907
February   6,927   - February   439,149
March   6,485   463.323 March   432,783

1Q18

 

'6,153

 

463.323

1Q18   427,573
April   7,167   - April   403,558
May   8,129   460.955 May   475,341
June   9,176   330.763 June   463,101

2Q18

 

'8,157

 

791.718

2Q18   447,641
July   9,559   - July   479,040
August   10,470   461.302 August   474,167
September   10.218   231.824 September   492.171

3Q18

 

10.081

 

693.126

3Q18   481.680
     
(1) In January Polvo Field performed scheduled maintenance (² )Refers to PetroRio’s 10% W.I. in Manati
procedures which resulted in a temporary shutdown which Field.
lasted 10 days.

About PetroRio

PetroRio is one of the largest independent companies in the oil and gas production in Brazil. The Company´s corporate culture seeks to increase production through the acquisition of new production assets, the re-exploration of assets, increased operational efficiency and reduction of production costs and corporate expenses. PetroRio's main objective is to create value for its shareholders with growing financial discipline and preserving its liquidity, with full respect for safety and the environment. For further information, please visit the Company's website: www.petroriosa.com.br.