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Webcast Alert: Falcon Oil & Gas Ltd. To Webcast Annual General Meeting

September 29, 2008

DENVER, Sept. 29 /PRNewswire-FirstCall/ — Falcon Oil & Gas Ltd. (TSXV: FO) (“Falcon” or the “Company”), will host a webcast of the company’s Annual General Meeting on Monday, October 6, 2008 at 9:00 a.m. (PT).

   What:     Falcon Oil & Gas Ltd. Annual General Meeting    When:     October 6, 2008 at 9 a.m. PT    Where:    http://www.videonewswire.com/event.asp?id=51618 or the             company's website, http://www.falconoilandgas.com/.    How:      Live over the Internet -- Simply log on to the web at the             address above.    Contact:  Weber Shandwick Worldwide, Peter Duda, +1 (212) 445-8213    About Falcon Oil & Gas Ltd.   

Falcon Oil & Gas Ltd. is a British Columbia corporation in the business of oil and gas exploration and production. It has operations in Hungary through its wholly owned subsidiary TXM Oil and Gas Exploration, LLC, and in Romania through its wholly owned subsidiary JVX Energy Corporation. Further information about Falcon is available at http://www.falconoilandgas.com/.

   Minimum Requirements to listen to broadcast:    The Windows Media Player software, downloadable free from   http://www.microsoft.com/ and at least a 56Kbps connection to the Internet.  

If you experience problems listening to the webcast, send an E-mail to: webcast@multivu.com.

Falcon Oil & Gas Ltd.

CONTACT: Peter Duda, Weber Shandwick Worldwide, +1-212-445-8213, forFalcon Oil & Gas Ltd.

Web Site: http://www.falconoilandgas.com/http://www.videonewswire.com/event.asp?id=51618




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