Dealing by Director
    
    TSX: FCP   AIM: FPL
    
    CALGARY, May 16 /CNW/ - First Calgary Petroleums Ltd. ("FCP" or the
"Company") announces that Mr. Richard G. Anderson, an executive director of
the Company, purchased 3,000 common shares of the Company on May 11, 2007 at
$4.98 (Cdn.) per share, through the facilities of the Toronto Stock Exchange.
Mr. Anderson advises that he purchased the shares with the cash available in
his RRSP. He now holds 2,243,206 common shares of FCP (0.9% of FCP's shares
outstanding) and continues to hold 1,640,000 stock options.

    First Calgary Petroleums Ltd. is an oil and gas exploration company
actively engaged in international exploration and development activities 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: First Calgary Petroleums Ltd.: Richard G. Anderson,
President and CEO, Tel: (403) 264-6697; John van der Welle, Finance Director
and CFO, Tel: +44 (0) 203 159 4010; Other contact: David Nabarro, Nabarro
Wells & Co. Limited, Tel + 44 (0) 207 710 7400
(FPL)



END



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