Monday, May 5, 2008

FO: Falcon Oil & Gas Ltd. Receives An Updated Independent Resource Assessment From RPS Scotia For Its Mako Trough Deep Gas Project In Hungary

"DENVER, May 5 /CNW/ – Falcon Oil & Gas Ltd. (TSXV: FO) announced that it has received a new, updated, independent report from RPS Scotia disclosing an updated resource estimate of the Makó Trough Pannonian Basin Gas Accumulation (the “Makó Trough”) within the production license area of Falcon’s deep gas exploration project in southeastern Hungary (the “RPS Scotia Report”)."

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