Falcon Oil & Gas Ltd. to Host Investor Conference Call



    BUDAPEST, Hungary, June 27 /CNW/ -- Falcon Oil & Gas Ltd. (TSXV: FO)
("Falcon" or the "Company"), will host an investor conference call on
Thursday, June 28, 2007 at 9:00 a.m. (ET) to discuss the Company's June 27,
2007 announcement regarding strategic partners.
    The conference call will be available live via telephone. To participate
in the conference call within the U.S. and Canada, dial (800) 772-1085. To
participate in the conference internationally, dial (706) 634-5464.
    The conference call will be available for replay via telephone beginning
at 12:30 p.m. (ET) on Thursday, June 28, 2007, until Thursday, July 5, 2007,
at 11:59 p.m. (ET). To listen to a replay of the conference within the U.S.
and Canada, dial (800) 642-1687 or internationally (706) 645-9291.

    
    About Falcon Oil & Gas Ltd.
    
    Falcon Oil & Gas Ltd. is a British Columbia corporation which is 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, and
in Romania through its wholly-owned subsidiary JVX Energy Corporation. Further
information about Falcon is available at http://www.falconoilandgas.com.

    
    Contacts:
    Falcon Oil & Gas Ltd.
    Marc A. Bruner, President, Chairman & CEO

    Weber Shandwick Worldwide
    Peter Duda
    +1 (212) 445-8213
    

    The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.





For further information:

For further information: Peter Duda of Weber Shandwick Worldwide,
+1-212-445-8213 Web Site: http://www.falconoilandgas.com

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Falcon Oil & Gas Ltd.

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