FPL First Calgary

    First Calgary responds to newspaper articles

 

    CALGARY, Oct. 18 /CNW/ - First Calgary Petroleums Ltd. ("FCP" or the

"Company"), in response to newspaper articles published in the UK, advises it

has not appointed bankers to sell the Company. The Company does advise it has

established a committee amongst its Board Members to consider strategic

alternatives regarding the future development of the Company. The Company will

make further announcements as developments warrant.

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

actively engaged in international exploration and development activities in

Algeria. Our 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 news release includes statements about expected future events and

financial results that are forward looking in nature and subject to risks and

uncertainties. FCP cautions that actual performance may be affected by a

number of factors, many of which are beyond its control. Future events and

results may vary substantially from what First Calgary Petroleums Ltd.

currently foresees.

 

   

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

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

European contacts: James Joseph, College Hill, Tel: +44 (0) 207 457 2020;

Carina Corbett, 4C Communications Ltd., Tel: +44 (0) 207 907 4761

    (FPL)

 

 

 

 

 



END

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