Abiopharma

PetroRio is one of the largest independent companies in the oil and gas production in Brazil. It is the operator of the Polvo Field, located in the Campos Basin, where it holds a 60% participating interest. The Polvo Field has Brazils seventh largest daily production of barrels of oil equivalent (boe). PetroRio is the owner of "Polvo A" fixed platform and a 3.000HP drilling rig, currently in operation in this Field, being the platform connected to the "Polvo FPSO" vessel, with capacity to segregate hydrocarbons and water treatment, oil storage and offloading. Polvo Field license covers an area of approximately 134km2, with several prospects with potential for further explorations. In January 2015, PetroRio announced the proposed acquisition of 80% of the Bijupira and Salema Fields located at the same basin, Campos Basin, at a distance of approximately 80 km from the Polvo Field. In June 2015, PetroRio announced the proposed acquisition of the remaining 20%. The Bijupira and Salema Fields will allow PetroRio to triple its current production volume. The BJSA acquisition is subject to the approval of Brazils National Agency of Petroleum, Natural Gas and Biofuels (ANP).

The Companys 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. PetroRios 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 Companys
website: www.petroriosa.com.br.

Additional info from OTC:
PetroRio is one of the largest independent companies in the oil and gas production in Brazil. It is the operator of the Polvo Field, located in the Campos Basin, where it holds a 60% participating interest. The Polvo Field has Brazils seventh largest daily production of barrels of oil equivalent (boe). PetroRio is the owner of "Polvo A" fixed platform and a 3.000HP drilling rig, currently in operation in this Field, being the platform connected to the "Polvo FPSO" vessel, with capacity to segregate hydrocarbons and water treatment, oil storage and offloading. Polvo Field license covers an area of approximately 134km2, with several prospects with potential for further explorations. In January 2015, PetroRio announced the proposed acquisition of 80% of the Bijupira and Salema Fields located at the same basin, Campos Basin, at a distance of approximately 80 km from the Polvo Field. In June 2015, PetroRio announced the proposed acquisition of the remaining 20%. The Bijupira and Salema Fields will allow PetroRio to triple its current production volume. The BJSA acquisition is subject to the approval of Brazils National Agency of Petroleum, Natural Gas and Biofuels (ANP).

The Companys 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. PetroRios 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 Companys
website: www.petroriosa.com.br.