First Calgary Petroleums Ltd. Board Appointment

    TSX SYMBOL: FCP

    LSE SYMBOL: FPL

    CALGARY, Feb. 21 /CNW/ - The Board of Directors of First Calgary

Petroleums Ltd. ("FCP") is pleased to announce the appointment of Mr. Yuri K.

Shafranik to the Board effective immediately.

    Mr. Shafranik has enjoyed a highly successful career in both the oil

business and government. Mr. Shafranik is currently Co-Chairman of the Saudi -

Russian Business Council, Chairman of the Russian Oil Company SoyuznefteGas,

and Chairman of the Council of Oil Producers of Russia (oil lobby group).  

Mr. Shafranik has served as General Director of one of the predecessor

companies of Lukoil, Chairman of Tyumen Oil Company, and Executive Chairman of

the Central Fuel Company, the owner / operator of the Moscow Refinery. In

Government, Mr. Shafranik was Russia's Minister of Fuel and Energy from 1993

to 1996 and Advisor to the Chairman of the Government of the Russian

Federation from 1996 to 1997. Prior thereto, Mr. Shafranik served as the

Governor of the Tyumen region and a Senator in the Upper House of the Russian

Parliament.

    First Calgary is an International Oil and Gas Exploration Company

operating in Algeria. The Company believes Mr. Shafranik's extensive

experience in the oil business and government will be extremely valuable to

the Company as First Calgary enters its next stage of development.

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

(403) 264-6697; European Contact: 4C Communications; Carina Corbett, Tel   

+44 (0) 20 7907 4761; Website: www.fcpl.ca

    (FCP.)



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