August 2021 Operational Data

Rio de Janeiro, September 09, 2021 - Petro Rio S.A. ("Company" or "PetroRio") (B3: PRIO3), following best practices in corporate governance and transparency, informs its preliminary and non-audited Operational Data for the month of August.

Daily Production (boepd)

Oil Offtakes (bbl)

(1)

TBMT

Manati

Total

Month

Frade

Polvo

TBMT

Total

Month

Frade

Polvo

(80%)(2)

(10%)(3)

January

-

-

-

-

January

12,005

9,498

6,701

2,157

30,362

February

1,020,846

514,794

392,072

1,927,712

February

16,247

5,904

5,934

1,806

29,891

March

17,005

8,655

5,748

2,289

33,698

March

-

-

-

-

1Q21

15,086

8,019

6,128

2,084

31,317

1Q21

1,020,846

514,794

392,072

1,927,712

April

15,716

8,157

5,698

1,982

31,553

April

1,029,950

601,345

312,163

1,943,457

May

12,653

9,353

5,703

2,304

30,013

May

-

-

-

-

June

16,454

9,019

4,350

2,287

32,110

2Q21

14,941

8,843

5,250

2,191

31,225

June

500,001

393,610

-

893,610

(1)

Cluster Polvo + TBMT

Manati

2Q21

1,529,950

994,955

312,163

2,837,067

Month

Frade

(95%)

(10%)(3)

Total

July

-

754,168

319,742

1,073,910

July

16,616

11,622

1,989

30,228

August

986,039

-

986,039

August

16,588

15,054(4)

1,950

33,593

Obs:

  1. Frade figures account for a 70% interest in the Frade Field until February 4 and 100% interest as of February 5, when the Company announced the closing of the acquisition of the remaining 30% interest.
  2. Since February, the Tubarão Martelo Field's production was reduced due to a shutdown in the TBMT-8H well, as a result of a failure in the electric submersible pump (ESP), which was in operation since the beginning of the field's production. After the well's cleaning, the workover was temporarily halted for the completion of the TBMT-10H well, that is being carried out by the Kingmaker rig, which will subsequently return to conclude the TBMT-8H workover.
  3. On November 5, 2020, the sale of the 10% interest in the Manati Field held by PetroRio was announced, which awaits precedent conditions for the transaction's closing.
  4. In August, the Polvo Field's production was impacted by the POL-012-R well workover, which was concluded in the first half of the month.

About PetroRio

PetroRio is the largest independent oil and gas Company in Brazil. The Company seeks to increase production through the acquisition

Investor Relations

of new producing assets, redevelopment, increased operational efficiency and rationalization of operating costs and corporate

ri.petroriosa.com.br

expenses. PetroRio's main objective is to create value for its shareholders with growing financial discipline and preserving its liquidity,

ri@petroriosa.com.br

with full respect for safety and the environment. For further information, please visit the Company's website: www.petroriosa.com.br.

+55 21 3721-2129

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Petro Rio SA published this content on 09 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 September 2021 21:21:07 UTC.