FOGL.L Regulatory News (FOGL)

11 Mar 2005 07:00

Falkland Oil and Gas Limited11 March 2005 For immediate release Falkland Oil and Gas Limited Board Appointment Falkland Oil and Gas Limited ("FOGL") announces the appointment of RichardLiddell as a non-executive director. Richard Liddell (57) has twenty-five years experience in the oil and gasindustry. Richard was Operations Director of Premier Oil plc from 1999 until2003 and prior to that spent two years as Director of Development at BGExploration and Production. He previously held a number of positions during aneighteen-year spell at Philips Petroleum Company. This appointment is in line with the commitment made by the Board of FOGL at thetime of the flotation to appoint an independent non-executive director. John Armstrong, Executive Chairman of FOGL, said: "I am delighted to welcome Richard to the Board of FOGL. His wealth ofexperience in the industry will be of great value to us as the company movesforward." 11 March 2005 Enquiries: FOGL John Armstrong, Executive Chairman + 61 (0) 7 3211 1122 or 07854 810 646 David Hudd, Deputy Chairman 07771 893 267 College Hill 020 7457 2020 Ben Brewerton There is no further information required to be disclosed in respect of the aboveappointment pursuant to schedule two paragraph (f) of the AIM rules. Notes to Editors Falkland Oil and Gas Limited ("FOGL") is a single purpose oil and gasexploration company focused exclusively on opportunities offshore of theFalkland Islands. It was successfully admitted to London's AlternativeInvestment Market ("AIM") on 14 October 2004 at an issue price of 40p. At the time of the admission to AIM, FOGL held a 77.5% interest in sevenoffshore production licences covering approximately 33,700 sq km to the southand east of the Falkland Islands. FOGL holds these licences in a joint venturewith Hardman Resources. In December 2004, FOGL was awarded a 100% licence overan additional 50,000 sq kms adjacent to its existing licence areas. www.fogl.co.uk This information is provided by RNS The company news service from the London Stock Exchange