RIO DE JANEIRO, Dec. 5, 2014 /CNW/ - HRT Participações em
Petróleo S.A. (the "Company" or "HRT") (BM&FBOVESPA: HRTP3,
TSX-V: HRP) pursuant to the resolution approved by the shareholders
at the Company's Special Shareholders Meeting, held on June 24, 2014, to change its headquarter to the
Botafogo neighborhood, hereby announces the new contacts, effective
as of December 8, 2014:
Praia de Botafogo, 370, 1st
floor
Botafogo, Rio de Janeiro,
CEP 22250-040
+55 (21) 3721-3800
For further information, please contact HRT's Investor Relations
Department.
Sedar Profile # 00031536
Neither the TSX Venture
Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
About HRT
HRT, through its subsidiaries, holds a 60%
participating interest and it is also the operator of the Polvo
Field, which is located in the southern portion of the Campos
Basin, at 100km east of the city of Cabo Frio, Rio de Janeiro. HRT has Brazil's seventh largest daily production of
barrels of oil equivalent (boe), with 20.3º API, deriving from
three producing reservoirs. HRT is the owner, through its
subsidiaries, of "Polvo A" fixed platform and a 3.000HP drilling
rig, currently in operation in the 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. Additionally,
HRT holds a 55% interest and is the operator of 18 exploration
blocks in the Solimões Basin, and also operate s ten exploration
blocks off the Namibian coast, in the Orange and Walvis sub-basins.
HRT is committed to minimizing any possible environmental impacts
on the sites where it acts. Our commitment to the local communities
is towards health conditions, safety and quality of life. For more
information, please visit the Company's website:
www.hrt.com.br/ir
Disclaimer
This news release contains forward-looking
statements. All statements other than statements of historical fact
contained in this news release are forward-looking statements,
including, without limitation, statements regarding our drilling
and seismic plans, operating costs, acquisitions of equipment,
expectations of finding oil, the quality of oil we expect to
produce and our other plans and objectives. Readers can identify
many of these statements by looking for words such as "expects",
"believe", "hope" and "will" and similar words or the negative
thereof. Although management believes that the expectations
represented in such forward-looking statements are reasonable,
there can be no assurance that such expectations will prove to be
correct. By their nature, forward-looking statements require us to
make assumptions and, accordingly, forward-looking statements are
subject to inherent risks and uncertainties. We caution readers of
this news release not to place undue reliance on our
forward-looking statements because a number of factors may cause
actual future circumstances, results, conditions, actions or events
to differ materially from the plans, expectations, estimates or
intentions expressed in the forward-looking statements and the
assumptions underlying the forward-looking statements.
The following risk factors could affect our operations: the
contingent resource and prospective resource evaluation reports
involving a significant degree of uncertainty and being based on
projections that may not prove to be accurate; inherent risks to
the exploration and production of oil and natural gas; limited
operating history as an oil and natural gas exploration and
production company; drilling and other operational hazards;
breakdown or failure of equipment or processes; contractor or
operator errors; non-performance by third party contractors; labor
disputes, disruptions or declines in productivity; increases in
materials or labor costs; inability to attract sufficient labor;
requirements for significant capital investment and maintenance
expenses which HRT may not be able to finance; cost overruns and
delays; exposure to fluctuations in currency and commodity prices;
political and economic conditions in Namibia and Brazil; complex laws that can affect the cost,
manner or feasibility of doing business; environmental, safety and
health regulation which may become stricter in the future and lead
to an increase in liabilities and capital expenditures, including
indemnity and penalties for environmental damage; early
termination, non-renewal and other similar provisions in concession
contracts; and competition. We caution that this list of factors is
not exhaustive and that, when relying on forward-looking statements
to make decisions, investors and others should also carefully
consider other uncertainties and potential events. The
forward-looking statements herein are made based on the assumption
that our plans and operations will not be affected by such risks,
but that, if our plans and operations are affected by such risks,
the forward-looking statements may become inaccurate.
The forward-looking statements contained herein are expressly
qualified in their entirety by this cautionary statement. The
forward-looking statements included in this news release are made
as of the date of this news release. Except as required by
applicable securities laws, we do not undertake to update such
forward-looking statements.
SOURCE HRT Participações em Petróleo S.A.