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Establishment of Subsidiary in Houston

The Board of Directors of FALCON ENERGY GROUP LIMITED (the ‘Company’) wishes to announce that the Company through its wholly-owned subsidiary, Falcon Oilfield Services Pte. Ltd., has established a subsidiary in Houston known as Falcon Oilfield Services (USA) Inc. (the ‘Subsidiary’) for the purpose of providing services to oilfield companies. The Subsidiary has a paid …

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