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Falcon Oil & Gas Ltd.-Appointment of New Company Secretary

DUBLIN, IRELAND -- (Marketwired) -- 08/13/14 -- Falcon Oil & Gas Ltd. (TSX VENTURE: FO)(AIM: FOG)(ESM: FAC) ("Falcon" or the "Company") is pleased to announce the appointment of Ms. Rebecca Kacaba as Company Secretary effective 11 August 2014.

Rebecca is a partner at the legal firm of Aird & Berlis LLP, Toronto, Canada. She is a member of the Aird & Berlis Corporate Finance and Mergers & Acquisitions Groups and is leader of the Startup Group. She acts as corporate counsel to a wide range of domestic and international clients including those listed on the Toronto Stock Exchange and the TSX Venture Exchange, regularly advising on mergers and acquisitions (cross-border and domestic), public offerings (both initial and secondary), private placement financings (including debt and equity offerings) and corporate governance matters.

Simultaneous with this appointment, Mr. Daniel Bloch has stepped down as Company Secretary with immediate effect.

The appointment of Ms. Rebecca Kacaba is subject to TSXV approval.

Philip O'Quigley, CEO of Falcon commented:

"I am delighted to announce the appointment of Rebecca as Company Secretary. Rebecca has been a key part of Falcon's legal advisors over the last eight years. I look forward to working with Rebecca in her additional role as Company Secretary."

"I would like to thank Daniel for his many years of service to Falcon and I wish him well in his future projects."

About Falcon Oil & Gas Ltd.

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

For further information on Falcon Oil & Gas Ltd. please visit www.falconoilandgas.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain information in this press release may constitute forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Falcon assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to Falcon. Additional information identifying risks and uncertainties is contained in Falcon's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

Falcon Oil & Gas Ltd. +353 1 417 1900
Philip O'Quigley, CEO +353 87 814 7042
Michael Gallagher, CFO +353 1 417 0814
John Craven Non-Executive Chairman +353 1 417 1900

Billy Clegg +44 20 3757 4983
Georgia Mann +44 20 3757 4980

Davy (NOMAD & Joint Broker)
John Frain / Anthony Farrell +353 1 679 6363

GMP Securities Europe LLP (Joint Broker)
Rob Collins / Liz Williamson / Emily Morris +44 20 7647 2800

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