Falcon Oil & Gas Annual and Special Meeting of Shareholders Date Set for December 22, 2009

DENVER, Dec. 10 /PRNewswire-FirstCall/ -- Falcon Oil & Gas Ltd. (TSXV: FO) ("Falcon" or the "Company"), a global energy company focused on acquiring, exploring and developing large acreage positions of unconventional and conventional oil and gas resources, today announced that the revised date for the Company's Annual and Special Meeting of Shareholders is scheduled for December 22, 2009 at 9:00 a.m. (Pacific) at the Four Seasons Hotel in Vancouver, British Columbia, Canada.