FALCON AUSTRALIA

Falcon Oil & Gas Australia Limited (ABN 53 132 857 008) (“Falcon Australia”) is a majority owned subsidiary of Falcon Oil & Gas Ltd (“Falcon”), a company headquartered in Dublin, Ireland, incorporated in British Columbia, Canada.

Falcon is listed on the Toronto Venture Exchange (TSXV) under the symbol "FO", the London Stock Exchange Alternative Investment Market (AIM) under the symbol “FOG” and the Dublin Stock Exchange Enterprise Securities Market (ESM) under the symbol “FAC”.

Falcon Australia is an unlisted public company engaged in the exploration and development of world class conventional and unconventional oil & gas resources in the Beetaloo Basin, Northern Territory.

Falcon Australia holds a 100 percent interest in over seven million acres in Exploration Permits 98, 99, 76, and 117 covering the majority of the Beetaloo Basin.