Fact sheet-2013 (english version)

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FACT SHEET | 2013 First half Petrobras in Brazil DEC/2012 Proved Reserves in Brazil SPE criteria (Society of Petroleum Engineers) Billion boe For the challenges of today, the energy of always. Platforms under operation 125 Refineries 12 LNG terminals 2 Thermoelectric power plant 18 Pipelines (km) 31,265 Ships fleet 237 Service station (BR) 7,641 Integrated energy company Larger deep-water operator in the world Pre-salt: potential to double the oil and gas reserves Priority for exploration & production projects in Brazil Forecast to double the oil production in Brazil by 2020 Management focus on efficiency increase and cost optimization Sustainability: seventh consecutive year in the Dow Jones Index (DJSI) Exploratory blocks Refineries Oil production in Brazil Kbpd 4,200 2,750 1,980 1,271 653 181 Onshore Shallow water Deep water Ultra-deep water Kbpd = thousand barrels per day E = estimate 1980 1990 2000 2012 2017E 2020E Potential Increase 1.55 1980 1990 2000 2012 Pre-salt recoverable volumes * Transfer of Rights 5.37 9.61 15.73 6.7 / 7.9 5.00 boe = barrel of oil equivalent * Lula/Cernambi, Iara, Sapinhoá and Parque das Baleias Margem Equatorial Ceará and Potiguar Parnaíba Rio do Peixe Solimões and Amazonas Parecis São Francisco Pelotas Santos Campos Espírito Santo Sergipe/Alagoas Paraíba/ Pernambuco Tucano, Recôncavo, Camamu/Almada and Jequitinhonha

Transcript of Fact sheet-2013 (english version)

FACT SHEET | 2013First half

Petrobras in BrazilDEC/2012

Proved Reserves in Brazil SPE criteria (Society of Petroleum Engineers) Billion boe

For the challenges of today, the energy of always.

Platforms under operation 125

Refineries 12

LNG terminals 2

Thermoelectric power plant 18

Pipelines (km) 31,265

Shipsfleet 237

Servicestation(BR) 7,641

• Integrated energy company

• Larger deep-water operator in the world

• Pre-salt: potential to double the oil and gas reserves

• Priority for exploration & production projects in Brazil

• Forecast to double the oil production in Brazil by 2020

•Managementfocusonefficiencyincreaseandcostoptimization

• Sustainability: seventh consecutive year in the Dow Jones Index (DJSI)

Exploratory blocks

Refineries

Oil production in Brazil

Kbpd

4,200

2,750

1,980

1,271653

181

Onshore

Shallow water

Deep water

Ultra-deep water

Kbpd = thousand barrels per day E = estimate

1980 1990 2000 2012 2017E 2020E

Potential Increase

1.55

1980 1990 2000 2012 Pre-salt recoverable volumes *

Transfer of Rights

5.379.61

15.73

6.7/7.9

5.00

boe = barrel of oil equivalent * Lula/Cernambi, Iara, Sapinhoá and Parque das Baleias

Margem Equatorial

Ceará and Potiguar

Parnaíba Rio do Peixe

Solimões and Amazonas

Parecis

São Francisco

Pelotas

Santos

Campos

Espírito Santo

Sergipe/Alagoas

Paraíba/Pernambuco

Tucano, Recôncavo, Camamu/AlmadaandJequitinhonha

Business and Management Plan2013-2017period

Consolidated Financial ResultsUS$ Billion

Dividend Yield* Total Dividends

Pre-salt production is a reality

TotalUS$ 236.7 billion947projects

Under implementationUS$ 207.1 billion770projects

Under EvaluationUS$ 29.6 billion177projects

NYSE (US$ per ADR)

TickerLast price*

*June 3rd, 2013

US$ million

Maximum 12 months

Minimum 12 months

PBR18.02

24.18

14.45

PBR/A19.18

23.32

16.73

• Oil production above 300 thousand barrels per day (May, 2013)

• Thislevelwasreachedwithonly17producing wells, 6 in Campos Basin and 11 in Campos Basin

• Levelreachedonly7yearsafterdiscovery

2012

Net Income 11.03 20.10 19.18 15.50

Capex and Investments 42.95 43.16 45.08 35.13

EBITDA 27.63 37.30 32.62 28.98

Net debt 72.34 54.90 36.70 40.96

Shareholder’s Equity 169.04 177.11 183.40 94.96

Net Debt / Net Capitalization 30% 24% 17% 31%

Net Debt / EBITDA 2.62 1.47 1.03 1.20

2011 2010 2009

PBR and PBR/A vs. Dow Jones

= +

• Currently, three production systems operates in the pre-salt of Santos Basin

• Production forecast of more than 1 million bpd by 2017and2.1millionbpdby 2020

2.6%

PBR/A PBR

*DividendpershareproposedinGeneralOrdinaryMeeting/ Share price in the last day of the year

www.petrobras.com.br/ir

Total Dividends (US$ million)

TotalDividends/NetIncome(%)

3.6%4.2%

5,161

6,780 6,905

4,499

4.9% 33%35% 34%

41%

20092009 20102010 20112011 20122012

2.3%3.3%

3.9%

2.4%

*Engineering, Technology and Materials

Exploration & Production

Downstream

Gas & Energy

International

Distribution

Petrobras Biocombustível

ETM*

Other Areas

1.4%(US$3.2billion)

1.1% (US$ 2.9 billion)

1.0% (US$ 2.3 billion)

0.4%(US$1.0billion)

4.2%(US$9.9billion)

2.2% (US$ 5.1 billion)

27.4%(US$64.8billion)

62.3%(US$147.5billion)

PBRPBR/ADow Jones

332%

jun-03

Inde

xNum

ber=

100in06/02

/200

3

1800

1600

1400

1200

1000

800

600

400

200

0jun-04 jun-05 jun-06 jun-07 jun-08 jun-09 jun-10 jun-11 jun-12 jun-13

274%

71%