SOURCE: Falcon Crest Energy

Falcon Crest Energy

September 10, 2014 08:30 ET

Falcon Crest Names Michael Cvetanovic to Advisory Council

FT. WORTH, TX--(Marketwired - Sep 10, 2014) - Falcon Crest Energy (OTC: FCEN) (the "Company"), a development stage oil and gas exploration and production company, has appointed Michael Cvetanovic to its Advisory Council.

Mr. Cvetanovic is Canadian born geologist with nearly 35 years of experience spanning many facets of the energy business, including significant roles with international and domestic companies ranging from major corporations to start-ups.

During his 25 years of international exposure to the industry, Mr. Cvetanovic played lead roles in negotiations of corporate acquisitions, farm-ins and joint ventures in Asia, New Zealand, Australia and North America. He has prepared government applications for international gazettal and licensing rounds and developed relationships with government officials on a number of levels in Thailand, New Zealand, Indonesia, Malaysia, Vietnam, Korea, China, India, Myanmar and Nepal. 

In addition to his oversees background, Mr. Cvetanovic for 10 years worked with start-up to mid-sized E&P companies operating in the U.S. and Canada. Most recently, Mr. Cvetanovic served as exploration manager for a domestic private company, Bow River Energy ('BRE'), of which he is a co-founder.

Mr. Cvetanovic strengths include a strong technical background with specific expertise in regional play analysis, petroleum system evaluation, prospect generation and in a variety of geological terrains on four continents. He has had operations supervisory roles in both offshore and onshore drilling and seismic operations.

"We're excited to welcome an industry veteran such as Michael to the Falcon Crest Advisory Council. As we move forward with our corporate initiatives, he will play a vital role in helping us achieve our core objectives and provide knowledge and strength in core areas of his expertise for the betterment of our company," stated Company Chief Executive Officer Patrick Johnson.

About Falcon Crest Energy

Falcon Crest Energy, previously known as Innocent Inc., is a development stage oil and gas exploration and production company focused on developing properties in North America. Falcon Crest plans to minimize the risk of exploration through development of proved petroleum reserves, and expects to maximize profit through strategic acquisition and liquidation of selected oil and gas properties. Falcon Crest will focus on acquiring low risk, high upside properties coupled with substantial exploration potential. Through improvements in oil and gas production technologies, Falcon Crest seeks to rapidly increase production levels and generate predictable, sustainable value. Adhering to a narrow, clearly defined strategy, the company focused on 100% acquisitions and joint ventures to maximize our production capacity.

For more information, visit www.FalconCrestEnergy.com

SAFE HARBOR

This press release contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created under the Securities Act of 1933 (the "Securities Act") and the Securities Exchange Act of 1934 (the "Exchange Act"). All statements other than statements of historical facts included in this report regarding our financial position, business strategy, plans and objectives of management for future operations, industry conditions, and indebtedness covenant compliance are forward-looking statements. When used in this report, forward-looking statements are generally accompanied by terms or phrases such as "estimate," "project," "predict," "believe," "expect," "anticipate," "target," "plan," "intend," "seek," "goal," "will," "should," "may" or other words and similar expressions that convey the uncertainty of future events or outcomes. Items contemplating or making assumptions about, actual or potential future sales, market size, collaborations, and trends or operating results also constitute such forward-looking statements.

Forward-looking statements involve inherent risks and uncertainties, and important factors (many of which are beyond our company's control) that could cause actual results to differ materially from those set forth in the forward-looking statements, including the following: oil and gas prices, general economic or industry conditions, nationally and/or in the communities in which our company conducts business, changes in the interest rate environment, legislation or regulatory requirements, conditions of the securities markets, our access to capital, changes in accounting principles, policies or guidelines, financial or political instability, acts of war or terrorism, and other economic, competitive, governmental, regulatory and technical factors affecting our company's operations, products, services and prices.

We have based these forward-looking statements on our current expectations and assumptions about future events. While our management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control.

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