ANP approves concession rights and obligations transfer from Petra to HRT O&G

HRT Participações em Petróleo S.A. (the “Company” or “HRT”) (BM&FBOVESPA: HRTP3, TSX-V: HRP) announces that, the Brazilian National Agency of Petroleum, Natural Gas and Biofuels (Agência Nacional do Petróleo, Gás Natural e Biocombustíveis - ANP) (”ANP”) approved, on December 9, 2011, the transfer of the concession rights and obligations from Petra Energia S.A. (”Petra”) regarding the totality of a 45% participating interest to HRT O&G Exploração e Produção de Petróleo Ltda. (”HRT O&G”) related to 21 blocks located in the Solimões Sedimentary Basin.
For further information, contact HRT`s Investor Relations Department.
About HRT
HRT Participações holds one of the largest independent oil and gas exploration and production companies in Brazil. The HRT Group comprises eight main subsidiaries: IPEX (Integrated Petroleum Expertise Company Serviços em Petróleo Ltda.), HRT O&G Exploração e Produção de Petróleo Ltda., HRT Netherlands B.V., HRT África Petróleo S.A., HRT América Inc., Air Amazonia Serviços Aéreos Ltda. and HRT Canada Inc.. The Company retains a 55% interest in 21 exploratory blocks in the Solimões Basin. HRT also operates ten exploratory blocks off the Namibian coast: eight blocks in the Orange Sub-basin and two blocks in the Walvis Sub-basin. HRT’s team includes PHDs and masters in geochemistry, geophysics,
biology and engineering, most of them former employees of Petrobras and ANP (Brazil petroleum agency). HRT is committed to minimizing any possible environmental impacts in the sites where it acts. Our commitment to the local communities is towards health conditions, security and quality of life. For more information, please visit the Company’s website: www.hrt.com.br/ir.