Sheffield Holdings, LP now holds 109,655,398 Common Shares of Falcon Oil & Gas Ltd., representing 9.89% of the currently issued and outstanding Common Shares of the Company. Falcon Oil & Gas Ltd. is an international oil & gas company engaged in the exploration and development of unconventional oil and gas assets, with a portfolio focused in Australia, South Africa, and Hungary. For more information, visit www.falconoilandgas.com. Contact details for Falcon Oil & Gas Ltd. are provided for further inquiries.

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