HRT Receives ANP's Qualification of 'A' Operator

Source: www.gulfoilandgas.com 4/10/2013, Location: South America

HRT Participacoes em Petroleo S.A. (the "Company" or "HRT") announces that, on April 09th, its wholly-owned subsidiary, HRT O&G Exploracao e Producao de Petroleo Ltda. ("HRT O&G"), was technically qualified by the National Petroleum, Natural Gas and Biofuel Agency (ANP) as an "A" Operator. This means that HRT O&G is now authorized to operate exploration blocks located in onshore, shallow water, deepwater and ultra-deepwater. HRT O&G has already been operating as a "B" Operator since March 2011.

"This "A" Operator qualification granted by ANP allows HRT to participate without any limitation in the upcoming 11th oil bid round, positioning HRT, with its expertise, knowledge and proven experience in oil and gas exploration, as an attractive partner in this bid round", said Milton Franke, CEO of HRT O&G.

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