First Calgary Petroleums Ltd. Announces the Resignations of Three Board Members


    CALGARY, March 23 /CNW/ - First Calgary Petroleums Ltd. ("First Calgary")
has received the resignations of current Board members Mr. Alastair Beardsall,
Mr. Yuri Shafranik and Mr. Keith Henry with immediate effect. The Board of
Directors of First Calgary is now comprised of Messrs. Richard Anderson, Gar
Emerson, Shane O'Leary, Darryl Raymaker and John van der Welle.
    An Annual and Special General Meeting of Shareholders has been called for
April 8, 2008 and a new slate of directors will be elected by the shareholders
of First Calgary Petroleums Ltd. at that meeting. Mr. Beardsall, Mr. Shafranik
and Mr. Henry are not part of the new Board slate that has been nominated for
election by First Calgary Petroleums Ltd. First Calgary has nominated the
Honourable Roy MacLaren, Stuart McDowall, David Savage and Kenneth Taylor to
join Messrs. Anderson, Emerson, O'Leary, Raymaker and van der Welle to the
Board for this upcoming meeting, as announced on March 10, 2008.

    For more information on First Calgary Petroleums Ltd., please visit:

    First Calgary Petroleums Ltd. is an oil and gas company actively engaged
in international exploration and development activities in Algeria. The
Company's common shares trade on the Toronto Stock Exchange in Canada (FCP)
and on the AIM market of the London Stock Exchange in the UK (FPL).

For further information:

For further information: contact First Calgary Petroleums Ltd.: Jeffrey
P. Angel, Vice President Corporate Communications and Investor Relations, Tel:
(403) 264-6697; Other Contacts: James Henderson, Pelham Public Relations, Tel:
+44 (0)20 7743 6673; Carina Corbett, 4C - Burvale Limited, Tel: +44 (0) 20
7559 6710; Mandy Dinning, Hill & Knowlton Canada, Tel: (403) 268-7858;
Nominated Advisers: Richard Swindells, David Nabarro, Nabarro Wells & Co.
Limited, Tel: +44 (0)20 7710 7400

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