Falcon Oil & Gas Ltd. : Holding(s) in Company

 Falcon Oil & Gas Ltd. ("Falcon")

Holdings in Company

12 February 2018 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG, ESM: FAC) ("Falcon") has been informed by Burlingame Asset Management, LLC that they now hold 48,772,302 common shares of Falcon ("Shares"), representing 5.24% of Falcon's issued and outstanding Shares.

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.

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.

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Source: Falcon Oil & Gas Ltd. via Globenewswire