Immediate effect. Wonder why.

http://www.proactiveinvestors.co.uk/companies/news/69584/falcon-oil-gas-announces-new-chief-financial-officer-69584.html#

Falcon Oil & Gas announces new chief financial officer

By John Harrington June 19 2014, 7:11am

Group financial controller Michael Gallagher has been appointed as chief financial officer (CFO) of Falcon Oil & Gas (LON:FOG) with immediate effect.

Gallagher, a former PricewaterhouseCoopers man, joined Falcon in October 2012. He succeeds Eoin Grindley as CFO.

“Michael has played an active role in Falcon and was integral to the execution of the recently announced transformational farm-out with Origin and Sasol of 2 May 2014,” said Philip O’Quigley, chief executive officer of Falcon.

“The management team remain focused in achieving the key milestones in the Australia farm-out programme and developing our assets in South Africa and Hungary and are confident that Michael further strengthens the team at this important time,” O’Quigley said.

The Falcon chief executive also thanked Grindley for his contribution to Falcon over the last two years and wished him well in his future projects.