Falcon Oil & Gas Ltd.-Appointment of Chief Financial Officer
19 Junho 2014 - 3:00AM
Marketwired
Falcon Oil & Gas Ltd.-Appointment of Chief Financial Officer
DUBLIN, IRELAND--(Marketwired - Jun 19, 2014) - Falcon Oil &
Gas Ltd. (TSX-VENTURE:FO)(AIM:FOG)(ESM:FAC) ("Falcon" or the
"Company") is pleased to announce the appointment of Mr. Michael
Gallagher as Chief Financial Officer ("CFO") with immediate
effect.
Michael joined Falcon in October 2012 as Group Financial
Controller with responsibility for the Group's Dublin, Hungarian
and Australian finance and commercial functions following 11 years
working with PricewaterhouseCoopers ("PwC") in Ireland and the USA.
At PwC, Michael had previously worked with and advised both quoted
and unquoted Oil & Gas exploration and production companies.
Michael qualified as a Chartered Accountant with PwC Dublin and is
a Fellow of Chartered Accountants Ireland.
Mr. Eoin Grindley steps down as CFO with immediate effect.
Broker update
Engagements with Cantor Fitzgerald Europe, Falcon's joint broker
have now ended.
The appointment of Mr. Michael Gallagher is subject to TSXV
approval.
Philip O'Quigley, CEO of Falcon commented:
"I am very pleased to announce the appointment of Michael as
Chief Financial Officer. Michael has played an active role in
Falcon and was integral to the execution of the recently announced
transformational farm-out with Origin and Sasol of 2 May 2014. The
management team remain focused in achieving the key milestones in
the Australia Farm-out program and developing our assets in South
Africa and Hungary and are confident that Michael further
strengthens the team at this important time."
"I would like to thank Eoin for his contribution over the last
two years, and 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 1900Philip O'Quigley, CEO
+353 87 814 7042Michael Gallagher, CFO +353 1 417 0814John Craven,
Non-Executive Chairman +353 1 417 1900CAMARCOBilly Clegg +44 20
3757 4983Georgia Mann +44 20 3757 4980Davy (NOMAD & Joint
Broker)John Frain / Anthony Farrell +353 1 679 6363GMP Securities
Europe LLP (Joint Broker)Rob Collins / Liz Williamson +44 20 7647
2800
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