FPL First Calgary

    First Calgary Petroleums Ltd. - Dealing by Director

    TSX: FCP
    AIM: FPL

    CALGARY, June 12 /CNW/ - First Calgary Petroleums Ltd. (the "Company")
was advised on June 11, 2007 that Mr. Darryl J. Raymaker, a non-executive
director of the Company, sold 38,100 common shares at an average price of
$5.17 (Cdn.) per share on June 4, 2007, 5,100 common shares at an average
price of $5.14 (Cdn.) per share on June 5, 7,900 common shares at $5.15 (Cdn.)
per share on June 6, 2007 and 7,000 common shares at an average price of $5.10
(Cdn.) per share on June 11, through the facilities of the Toronto Stock
Exchange. Mr. Raymaker advises that the shares were sold as part of his
financial estate planning. Mr. Raymaker now holds 437,879 common shares and
530,000 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) 203 043 0270; Nominated Adviser: John Wilkes, David
Nabarro, Nabarro Wells & Co. Limited, Tel + 44 (0) 207 710 7400/
(FPL)


 



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