Falcon Oil & Gas Ltd. : Change of Adviser

Falcon Oil & Gas Ltd.
("Falcon" or the "Company")

Appointment of RBC Capital Markets ("RBC")

14 September 2017 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG, ESM: FAC) is pleased to announce the appointment of RBC as joint broker, alongside Davy, Falcon's current broker. Davy will continue as Falcon's sole nominated advisor.

Philip O'Quigley, CEO of Falcon commented

"Falcon is delighted to announce RBC's appointment as joint broker. RBC's global presence and expertise in oil and gas, particularly in the Canadian, Australian and London markets will be of significant benefit to Falcon given the Company's stock exchange listings and asset locations."

Ends.

For further information, please contact:

CONTACT DETAILS:

Falcon Oil & Gas Ltd.	[phone]
Philip O'Quigley, CEO	[phone]
Anne Flynn, CFO	[phone]
Davy (NOMAD & Joint Broker)
John Frain / Anthony Farrell	[phone]
RBC (Joint Broker)
Matthew Coakes / Martin Copeland	[phone]

About Falcon Oil & Gas Ltd.
Falcon Oil & Gas Ltd 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 focused in Australia, South Africa and Hungary. Falcon Oil & Gas Ltd 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

About RBC
RBC Capital Markets is a premier global investment bank providing expertise in banking, finance and capital markets to corporations, institutional investors, asset managers and governments around the world. We serve clients from 70 offices in 15 countries across North America, the UK, Europe and the Asia-Pacific region

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.

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Source: Falcon Oil & Gas Ltd. via Globenewswire