Falcon Natural Gas Drills First Successful Well on the Gemini Prospect

Falcon Natural Gas Corp. reports that the first well is successful in its multiple prospect project in Jeff David Parish, Louisiana, reaching a total depth on January 9, 2006 and has been cased for completion.

The Hilda Henry No. 1 well reached a total depth of 3,850 feet and has been logged and evaluated; casing has been run for completion operations. Falcon Natural Gas Corp, Bayou City Exploration, Petro Resources Corp. and Fairfield Resources Corp. have all elected to participate in the completion, which will commence as soon as a completion rig is contracted.

Falcon Natural Gas Corp. and partners plan to drill a second Jeff Davis Parish well (beginning of 2nd quarter) to a measured depth of 8,050 feet to test the Amph B through Siph d formations. Several additional prospects are currently under review in Jeff Davis and Calcasieu Parishes at the present time.