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Falcon Oil & Gas, Eagle Hill Exploration Meet Investors in Vancouver Today

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/09/14 -- Calling all serious investors. The next Proactive Investors forum in Vancouver today will see investors get the scoop from directors of Falcon Oil & Gas (CVE:FO)(TSX VENTURE:FO), which in May signed a A$200 million farm-out deal for its highly prospective Beetaloo acreage, and Eagle Hill Exploration (CVE:EAG)(TSX VENTURE:EAG), which owns the high grade Windfall Lake gold deposit in Quebec.

The Proactive Investors One2One forums promise to provide direct access to the bosses of some of the nation's most dynamic growth companies. In six years, Proactive has organized more than 300 events and introduced investors to some of the stock market's best-performing stock market listed companies.

Indeed, this time is no different. First up will be Falcon, whose chief executive Philip O'Quigley brought on board in early May Australian operator Origin, valued at $16bn, and South African gas-to-liquids specialist Sasol to help unlock the huge potential of the Beetaloo licences in Australia, estimated to contain 162 trillion cubic feet of gas and 21bn barrels of oil.

With a headline value of A$200mln, including an upfront A$20mln cash payment, the pair are planning a nine-well program over five years, taking a 70% stake in the property. This compares with a previous five-well deal with Hess. O'Quigley has his own unique take on the new agreement brokered with Origin, which will be operator, and Sasol.

He told Proactive Investors: "This deal is five times better than the Hess deal. Why? The unconventional play is all about success from multi-fracked horizontal wells. What were Hess giving us? One horizontal, multi-fracked well. This program gives us five of them."

The five year plan should see three vertical wells drilled quickly, possibly by the end of the year. Taking the program beyond year three might lift the valuation to $1,000 an acre, while it could be worth as much as $4,000 an acre if the exploration program is a success.

Falcon is all about creating value through farm outs such as Beetaloo. The company also recently began drilling the Besa-D-1 exploration well in Hungary, the second of three wells in a program alongside Naftna Industrija Srbije (NIS), a unit of Gazprom.

Next up will be up Eagle Hill Exploration, whose Windfall Lake gold deposit is located between Val d'Or and Chibougamau in Quebec's Abitibi Gold Belt. With gold grades averaging 9.8 grams per tonne (g/t) in the indicated category, Windfall Lake is in the top 10% (in terms of grade) of resource-stage gold projects worldwide.

The company completed nearly 30,000 metres of drilling last year, confirming potential to expand the deposit along strike and at depth, and successfully expanding the indicated mineral resource by 38% earlier this year. Eagle Hill also recently completed a flow through financing to fund exploration in 2014, so far raising $2.6 million for general working capital, with the company continuing to fill orders in the private placement to raise up to an additional $785,000.

Its plan is to complete additional drilling this year with the aim of expanding and upgrading the existing mineral resource.

Directors of Falcon and Eagle Hill will be presenting their plans for advancement in Vancouver on June 9th, at the Metropolitan Hotel Vancouver - 645 Howe Street, Vancouver Room. Each company will make a 20 minute pitch followed by a 10 minute inquisition by a roomful of potential investors. The event has a 1:30pm start local time. To register for the Vancouver event, please click on the link below http://ctt.marketwire.com/?docid=0950936001&id=4299052&type=0&url=http%3a%2f%2fwww.proactiveinvestors.com%2fregister%2fevent_details%2f147.

Once Falcon and Eagle Hill have presented, complimentary canapes and beverages are available for 90 minutes during a break-out session, where attendees can mingle with other guests, or ask more questions to the presenters.

We look forward to seeing you there!

Falcon Oil & Gas is also presenting at our Proactive Investors forums in several cities across Canada later this week, including Calgary, Toronto and Montreal.

To register for the Calgary event, please click on the link below

http://ctt.marketwire.com/?docid=0950936001&id=4299055&type=0&url=http%3a%2f%2fwww.proactiveinvestors.com%2fregister%2fevent_details%2f148

To register for the Toronto event, please click on the link below

http://ctt.marketwire.com/?docid=0950936001&id=4299058&type=0&url=http%3a%2f%2fwww.proactiveinvestors.com%2fregister%2fevent_details%2f149

To register for the Montreal event, please click on the link below

http://ctt.marketwire.com/?docid=0950936001&id=4299061&type=0&url=http%3a%2f%2fwww.proactiveinvestors.com%2fregister%2fevent_details%2f150

Contacts:
Proactive Investors
647-342-2932
[email protected]
www.proactiveinvestors.com

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