Mr. Philip O'Quigley reports

FALCON OIL & GAS LTD - RESULTS OF ANNUAL GENERAL & SPECIAL SHAREHOLDERS MEETING

Falcon Oil & Gas Ltd. held its annual general and special shareholders meeting in Dublin, Ireland, yesterday. All resolutions considered and voted upon by the shareholders were approved. The full text of each resolution was included in the management information circular communicated in advance of the meeting to shareholders.

About Falcon Oil & Gas Ltd.

Falcon Oil & Gas is an international oil and gas company engaged in the exploration and development of unconventional oil and gas assets, with the current portfolio focused in Australia, South Africa and Hungary. Falcon Oil & Gas is incorporated in British Columbia, Canada, and headquartered in Dublin, Ireland, with a technical team based in Budapest, Hungary.

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