Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

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AGORACOM NEWS FLASH

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

Message: Directors

Falcon Oil & Gas (LON:FOG) announced the appointment of Maxim Mayorets as a non-executive director.

The appointment was approved at the company’s AGM, in Dublin yesterday, and at the same time Igor Akhmerov and David Harris have stepped down from the board.

Mayorets is a head of M&A and part of the executive team at Renova, which indirectly owns 12.24% of Falcon.

"I am delighted to welcome Maxim to the company's board,” said chairman John Craven.

“His commercial acumen and experience brings a valuable perspective to the company as we seek to maximise value from our Australian, South African and Hungarian assets.

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