Falcon Oil & Gas Ltd. announced the appointment of Tom Layman as a non-executive director and to the board of the company. Anne Flynn, the company's chief financial officer, has also been appointed to the board. In conjunction with these appointments, Daryl Gilbert and JoAchim Conrad have retired as non-executive directors from the board.

All of these changes take place with immediate effect. Tom Layman is a certified petroleum geologist with over 40 years' experience in the oil and gas industry. Mr. Layman has significant knowledge of unconventional resources, having worked on over 4,000 horizontal and vertical shale and unconventional wells across multiple US onshore basins on exploration and development projects.

Mr. Layman currently acts as a geoscience consultant, having previously been Senior VP of Geoscience at Parsley Energy, where he held an executive leadership role directing exploration and development of geoscience activities. Before he joined Parsley Energy, Tom was VP of Exploration Southern Division at Chesapeake Energy, where he worked for over seven years and was responsible for exploration and development activities across the company's asset portfolio. Prior to this, Tom was a Geoscience Manager at Burlington Resources and a Geologist at Exxon.

Tom has been a member of the American Association of Petroleum Geologists (AAPG) for 38 years and currently serves on the Geology Foundation Advisory Council at the University of Texas at Austin. Anne Flynn was appointed as the company's Chief Financial Officer in 2016, having joined the Company in 2014 as Group Financial Controller with responsibility for the Group's Dublin, Hungarian, Australian and South African finance and commercial functions.