Falcon Oil and Gas Ltd. appointed Philip O'Quigley as chief executive officer of the company, and the company has decided to relocate its corporate headquarters to Dublin, Ireland.

Consequently, the Denver office will be closing over the next few months. The finance and executive function will move to Dublin while the primary technical function will shift to the company's Hungarian office in Budapest.

As part of the relocation process, Falcon has appointed a new Dublin-based chief financial officer, Eoin Grindley.

Eoin has worked in senior management positions in Sandvik Mining and GE Energy. He has been a member of the Association of Chartered Management Accountants since 1996, and graduated from Trinity College Dublin in 1991.

Following the transfer of the company's technical function to Budapest, the company's chief operating officer, Rod Wallis, has elected to step down, effective June 30.