PetroRio 2Q19 Earnings Release

August 14, 2019

The Petro Rio SA (“PetroRio” or “Company”) (B3: PRIO3) presents its results for the second quarter of 2019 (“2Q19”). The financial and operational information described below, except where indicated otherwise, is presented on a consolidated basis and in Reais (R$) in accordance with International Financial Reporting Standards (IFRS) and includes the Company’s direct subsidiaries: Petro Rio O&G Exploração e Produção de Petroleo Ltda., Petro Rio Internacional SA, PetroRio USA Inc., and its respective subsidiaries and affiliates.

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