Dealing by Director

 

    TSX: FCP  LSE: FPL

 

    CALGARY, Sept. 19 /CNW/ - First Calgary Petroleums Ltd. ("FCP") announces

that 100,000 common shares were issued on September 15, 2005 by the Company

pursuant to the exercise of stock options by Mr. Raymond Antony, a         

non-executive director of the Company. The stock options were exercised at

$1.25 (Cdn.) per share and the 100,000 common shares were sold through the

facilities of the Toronto Stock Exchange on September 15 and 16 at an average

price of $9.55 (Cdn.) per share. Mr. Antony advises that the shares were sold

as part of his personal income tax and estate planning. Mr. Antony currently

owns 100,000 common shares of FCP and 150,000 stock options.

 

    First Calgary Petroleums Ltd. is an oil and gas exploration company

actively engaged in international exploration and development activities,

primarily in Algeria. The company's common shares trade on the Toronto Stock

Exchange in Canada (FCP) and on the AIM market of the London Stock Exchange in

the UK (FPL).

 

    This press release is being issued in compliance with the rules of the

    AIM market of the London Stock Exchange.

  

    For further information: Richard G. Anderson, President and CEO, First

Calgary Petroleums Ltd., Tel: (403) 264-6697; Website: www.fcpl.ca

    (FPL)

 



END



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