CALGARY, October 29, 2008 –

First Calgary Petroleums Ltd. (TSX: FCP, AIM: FPL) (First Calgary or the

Company) is pleased to announce that First Calgary received today shareholder, optionholder and court approvals

for the previously announced plan of arrangement involving First Calgary, Eni Canada Holding Ltd., Eni S.p.A. and

securityholders of First Calgary. 99.84% of the votes represented at the meeting in person or by proxy voted in

favour of the transaction.