Monday, September 25, 2006

FO: Falcon Oil & Gas Receives Independent Resource Assessment from The Scotia Group for its Makó Trough Deep Gas Project in Hungary

"Budapest, Hungary – September 25, 2006 - Falcon Oil and Gas Ltd. (TSXV: FO) announced today that it has received a new independent report (the “Scotia Report”) disclosing a resource estimate of the Makó Trough Pannonian Basin Gas Accumulation (the “Makó Trough”), Falcon’s deep gas exploration project in southeastern Hungary."

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