Announcements

First well in Lula field confirms high production potential - The P1 well, the first commercial production well at the pre-salt Santos Basin, in Lula field, has reached in May an average production of 28,436 barrels of oil per day (bpd), confirming the high potential of the Brazilian pre-salt reservoirs.
Dividends payment - Galp Energia, SGPS, S.A. general meeting held on May 30, 2011, approved the 2010 dividend of €0.20 per share, having already been paid, in September 23, 2010, the first dividend of €0.06 per share.
Resolutions of the annual general shareholders meeting - Galp Energia, SGPS, S.A.’s (“Galp Energia”) annual general meeting convened today approved the items proposed on the agenda as follows:
Trading update 1Q 2011 - This trading update is aimed at providing estimates regarding macroeconomic, operational and trading conditions experienced by Galp Energia in the first quarter ending March 31 2011.
Annual general meeting - Galp Energia, SGPS, S.A. (“Galp Energia”) hereby discloses the following information:
Resolutions of the extraordinary general shareholders meeting - Galp Energia, SGPS, S.A. informs about the resolutions of the annual general meeting convened.
Capital Markets Day 2011 - Galp Energia presents today, at its Capital Markets Day 2011 in Rio de Janeiro, Brazil, the Company’s strategy and the key information related to its business plan for the period 2011-2015.
Extension well confirms good oil quality in Iara, in the Santos basin - Galp Energia, partner of the consortium for BM-S-11 in ultra-deep water of Santos Basin informs that the drilling of an extension well in the Iara’s Evaluation Plan, in the pre-salt Santos basin, was concluded.
4th Quarter 2010 trading update - This trading update is aimed at providing estimates regarding macroeconomic, operational and trading conditions experienced by Galp Energia in the fourth quarter ending December 31 2010.
New FPSO lease for block BM-S-11 - Galp Energia, partner of the consortium for BM-S-11 in ultra-deep water of Santos Basin, along with Petrobras and BG Group, informs that Petrobras, as operator of block BM-S-11, decided on the lease of a new Floating, Production, Storage and Offloading (FPSO) vessel. The decision was based on the excellent results obtained from wells in the area of Iracema, leading to a potential anticipation of the production start in that area.
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