Mr. Philip O'Quigley reports

FALCON OIL & GAS LTD. - CHANGE OF NOMINATED ADVISER

Falcon Oil & Gas Ltd., following the completion of the all-share merger between Cavendish Securities PLC (previously named Cenkos Securities PLC) and Cavendish Financial PLC (previously named finnCap Group PLC), and as a consequence of internal reorganization within the Cavendish Group, the company has changed its nominated adviser and broker from Cavendish Securities PLC to Cavendish Capital Markets Ltd.

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.

We seek Safe Harbor.