OREANDA-NEWS. November 11, 2011. HRT Participacoes em Petroleo S.A. - “HRT” or “Company” (BM&FBovespa: HRTP3 and TSXV: HRP), announces its financial results for the 3rd quarter 2011 ended September 30, 2011. The financial and operating information described below, except otherwise stated, are presented on a consolidated basis, including our direct and indirect subsidiaries HRT O&G Exploracao e Producao de Petroleo Ltda. (“HRT O&G”), Integrated Petroleum Expertise Company - Servicos em Petroleo Ltda. (“IPEX”), HRT Africa Petroleo S.A. (“HRT Africa”), HRT Netherlands B.V. (“Netherlands”), Air Amazonia Servicos Aereos Ltda. (“Air Amazonia”), HRT America Inc. (“HRT America”), HRT Canada Inc. (“HRT Canada”) and its subsidiaries.

Marcio Rocha Mello, Chief Executive Officer: “HRT's first year listed on the Stock Exchange was extraordinary. In this short period of time, our Company traded shares on BM&FBovespa - raising approximately BRL  2.5 billion Brazilian Reais; a potential of eight billion barrels of oil and gas was estimated by DeGolyer and MacNaughton, a petroleum consulting firm; important exploratory and seismic acquisition campaigns were initiated in the Solimoes Basin and in Namibia; we drilled four wells and other four will be drilled by the end of the year; IPEX received ISO 9001/2008 certification for the exceptional quality of its services and technical personnel; and finally, Air Amazonia operations were initiated, which provided HRT with the control and efficiency of its logistic operations.

Over the last months, the financial markets have been facing another world crisis, with a direct effect on investor's risk appetite, the access to capital and consequently on the price of our shares. Athough solid foundations, constant efficiency gains and important geological results obtained, we are a publicly-held company and therefore subject to movements of euphoria and concern.

It is important to mention that HRT has as its priority the maximization of our shareholder's return. To that fact, the tireless defense of our cash flow and shareholder value, assuring the implementation of our business plan, is fundamental and is embedded in our culture. The challenges are great, but the opportunities are still greater. We are confident that our company's perspectives are even more positive now than when we opened to the market”.