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HRT Notes Arrival of Transocean Marianas

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HRT Participações em Petróleo S.A. announced that the drilling rig Transocean Marianas (DW semisub) from Transocean arrived in Walvis Bay at 5:00 a.m. local time. The rig will undergo mandatory maintenance for the next three to four weeks, before starting HRT's drilling campaign in Walvis and Orange sedimentary basins.

As noted by the Company Jan. 15, the Marianas is expected to commence drilling operations on the Wingat Prospect, in Walvis basin at HRT's Petroleum Exploration License 23 (PEL-23), by March 2013. Wingat is located at a water depth of 3,281 feet (1,000 meters) and drilling operations are expected to last approximately 60 days.

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