Gale Force Petroleum (GFPMF) 0.0530 $GFPMF
Gale Force closes Texas Reef interests sale
CNW Group - Wed Aug 27, 5:11PM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) ("Gale Force" or the "Company"
today announced that it has concluded the sale of an 81% working interest in its properties in Henderson and Anderson Counties, Texas (the "Texas Reef Properties" as well as its 90% interest in a 4-mile natural gas gathering system on the properties, for an aggregate selling price of US$5,850,000. Per the terms of the purchase and sale agreement, US$567,000 of the purchase price will be held in escrow for sixty days following closing, or longer, if there are any title or environmental issues to be resolved.
Gale Force to Sell Thunder Property Interests
CNW Group - Mon Aug 18, 3:00PM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) ("Gale Force" or the "Company" today announced that it has entered into an agreement to sell its 50% working interest in the Thunder Properties in South Texas, to the other owner of the properties (the "Buyer" , for $550,000 cash and the restructuring of debts owed to Gale Force by Buyer.
Gale Force to sell majority stake in its Texas Reef Properties, signs agreement with new operator
CNW Group - Thu Jul 24, 12:11PM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" today announced that it has entered into an agreement to sell an 81% working interest in its properties in Henderson and Anderson Counties, Texas (the "Texas Reef Properties" as well as its 90% interest in a 4-mile natural gas gathering system on the properties, for an aggregate selling price of US$5,850,000. The transaction is expected to close on or before August 22, 2014.
Gale Force increases short-term loan to US$600,000
CNW Group - Fri Mar 28, 4:54PM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" today announced that it has received the second of two disbursements pursuant to a short-term loan facility entered into on March 7, 2014, for an aggregate US$600,000 (the "Short-term Loan" .
Gale Force Issues Short-Term Loan
CNW Group - Fri Mar 07, 9:16PM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" today announced that, to finance additional investments in core properties, the Company has issued a $275,000 short-term loan to Primatlantis Capital, L.P. (the "Short-term Loan" . The Short-term Loan has a term of three to six months, has an interest rate of 1.50% per month, and is secured by a first-rank security interest on the 50% of the Company's Thunder Property and the Company's interests in the Marcellus Properties.
Gale Force buys additional Texas Reef interests, renews and extends bank facility
CNW Group - Wed Feb 26, 3:00PM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) ("Gale Force" or the "Company" today announced that it has purchased additional interests in its Texas Reef properties, increasing its working interest in its best producing well in the field from 72% to 97%, and eliminating back-in interests to give the Company a 90% working interest or greater throughout 3,700 net acres.
Gale Force Director Steps Down, New Chairman Named
CNW Group - Wed Feb 12, 7:30AM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" today announced that, for personal reasons, Harry Knutson has stepped down from the Board of Directors of the Company. Allan Bezanson has been named the Chairman of the Board of the Company, replacing Mr. Knutson.
Gale Force Announces Shareholder Meeting Results
CNW Group - Fri Feb 07, 3:00PM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" today announced the results of its Annual and Special Meeting of its shareholders, held earlier today.
Gale Force Provides Operations And Strategy Update
CNW Group - Wed Jan 29, 9:44AM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" today announced that it has provided a general and strategic update to its shareholders.
Gale Force issues shares for debts
CNW Group - Fri Jan 24, 3:03PM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" today announced that it will issue a total 708,333 common shares to settle various debts:
Gale Force publishes corporate presentation
CNW Group - Fri Sep 06, 4:34PM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" today announced that it has published an updated corporate presentation. It can be downloaded on the Company's website at www.GaleForcePetroleum.com/corporate-presentation or on www.SEDAR.com.
Gale Force schedules annual general meeting of shareholders
CNW Group - Thu Jul 18, 9:17AM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" or "Gale Force" today announced that it has called its annual general meeting of shareholders for November 21, 2013. The board of directors has fixed October 9, 2013 as the record date for shareholders to receive notice of and to vote at the meeting.
Gale Force responds to dissident shareholder
CNW Group - Wed Jul 03, 1:49PM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" or "Gale Force" acknowledges receipt of a request from Iroquois Capital Opportunity Fund LP ("Iroquois" and certain other shareholders for a meeting of the shareholders of Gale Force to be called in order to reconstitute the Board of Directors of Gale Force, as previously publicly announced by Iroquois.
Iroquois Capital Requisitions Special Meeting to Reconstitute Current Board of Gale Force Petroleum Inc.
CNW Group - Fri Jun 28, 8:48AM CDT
Today, Iroquois Capital Opportunity Fund LP and Iroquois Master Fund Ltd., together with certain of their affiliates (collectively "Iroquois" , announced that they have formally requisitioned a special meeting of the shareholders of Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) in order to reconstitute the board of directors. Iroquois currently owns approximately 8.7% of Gale Force's outstanding common shares (together with preferred shares that can currently convert into a 9.9% aggregate ownership position) and has requisitioned the meeting with the goal of significantly enhancing Gale Force's shareholder value. Iroquois has requested that the special meeting be held on or before August 16, 2013, which provides the Gale Force with ample time to call and hold a meeting.
Gale Force Retains Advisor to assist with Review of Strategic Alternatives
PR Newswire - Fri Jun 14, 12:09PM CDT
Company Seeking Buyer or Merger Patner-
Gale Force to buy additional Texas Reef Property interests, issues incentive stock options
CNW Group - Wed May 22, 8:31AM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" or "Gale Force" today announced that it has reached agreements to purchase two sets of minority working interests in its Texas Reef Properties, which will increase its ownership in such properties by approximately 10%, to a total of 90%. The interests are to be purchased from two sellers for total consideration of 885,000 common shares of the Company and $240,000 in cash, paid in six monthly installments of $40,000.
Gale Force responds to Iroquois Letter
CNW Group - Wed May 01, 8:30AM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" or "Gale Force" today responded to the letter dated April 25, 2013 (the "Letter" sent to the Company by Iroquois Capital Opportunity Fund LP, Iroquois Master Fund Ltd., Scot Cohen and Joshua Silverman (collectively, "Iroquois" . The full text of this response letter, which has been authorized and approved by the independent members of the Board of Directors of Gale Force, is reproduced below:
Gale Force to Respond to Iroquois Letter
CNW Group - Fri Apr 26, 8:09AM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" or "Gale Force" has received a letter dated April 25, 2013 from Iroquois Capital Opportunity Fund LP, Iroquois Master Fund Ltd., Scot Cohen and Joshua Silverman (collectively, "Iroquois" , who together hold, according to such letter, approximately 7.6% of the outstanding common shares of the Company. Iroquois has also chosen to make such letter public by virtue of a press release issued by Iroquois that same day.
Gale Force concludes Oklahoma property sale, provides strategy update
CNW Group - Fri Apr 12, 8:54AM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" or "Gale Force" today announced that it has concluded the sale of its Oklahoma Properties for $650,000, as part of a total $6.5 million property sales transaction, previously announced on March 15, 2013. There are only three leases in Gregg & Rusk Counties remaining to be sold as part of the transaction, which will fetch the remaining $300,000 of the total sales price for the properties, expected in June, 2013, per the sale agreement.
Gale Force closes Texas Reef interests sale
CNW Group - Wed Aug 27, 5:11PM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) ("Gale Force" or the "Company"
today announced that it has concluded the sale of an 81% working interest in its properties in Henderson and Anderson Counties, Texas (the "Texas Reef Properties" as well as its 90% interest in a 4-mile natural gas gathering system on the properties, for an aggregate selling price of US$5,850,000. Per the terms of the purchase and sale agreement, US$567,000 of the purchase price will be held in escrow for sixty days following closing, or longer, if there are any title or environmental issues to be resolved. Gale Force to Sell Thunder Property Interests
CNW Group - Mon Aug 18, 3:00PM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) ("Gale Force" or the "Company"
today announced that it has entered into an agreement to sell its 50% working interest in the Thunder Properties in South Texas, to the other owner of the properties (the "Buyer" , for $550,000 cash and the restructuring of debts owed to Gale Force by Buyer. Gale Force to sell majority stake in its Texas Reef Properties, signs agreement with new operator
CNW Group - Thu Jul 24, 12:11PM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company"
today announced that it has entered into an agreement to sell an 81% working interest in its properties in Henderson and Anderson Counties, Texas (the "Texas Reef Properties" as well as its 90% interest in a 4-mile natural gas gathering system on the properties, for an aggregate selling price of US$5,850,000. The transaction is expected to close on or before August 22, 2014. Gale Force increases short-term loan to US$600,000
CNW Group - Fri Mar 28, 4:54PM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company"
today announced that it has received the second of two disbursements pursuant to a short-term loan facility entered into on March 7, 2014, for an aggregate US$600,000 (the "Short-term Loan" . Gale Force Issues Short-Term Loan
CNW Group - Fri Mar 07, 9:16PM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company"
today announced that, to finance additional investments in core properties, the Company has issued a $275,000 short-term loan to Primatlantis Capital, L.P. (the "Short-term Loan" . The Short-term Loan has a term of three to six months, has an interest rate of 1.50% per month, and is secured by a first-rank security interest on the 50% of the Company's Thunder Property and the Company's interests in the Marcellus Properties. Gale Force buys additional Texas Reef interests, renews and extends bank facility
CNW Group - Wed Feb 26, 3:00PM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) ("Gale Force" or the "Company"
today announced that it has purchased additional interests in its Texas Reef properties, increasing its working interest in its best producing well in the field from 72% to 97%, and eliminating back-in interests to give the Company a 90% working interest or greater throughout 3,700 net acres. Gale Force Director Steps Down, New Chairman Named
CNW Group - Wed Feb 12, 7:30AM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company"
today announced that, for personal reasons, Harry Knutson has stepped down from the Board of Directors of the Company. Allan Bezanson has been named the Chairman of the Board of the Company, replacing Mr. Knutson. Gale Force Announces Shareholder Meeting Results
CNW Group - Fri Feb 07, 3:00PM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company"
today announced the results of its Annual and Special Meeting of its shareholders, held earlier today. Gale Force Provides Operations And Strategy Update
CNW Group - Wed Jan 29, 9:44AM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company"
today announced that it has provided a general and strategic update to its shareholders. Gale Force issues shares for debts
CNW Group - Fri Jan 24, 3:03PM CST
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company"
today announced that it will issue a total 708,333 common shares to settle various debts: Gale Force publishes corporate presentation
CNW Group - Fri Sep 06, 4:34PM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company"
today announced that it has published an updated corporate presentation. It can be downloaded on the Company's website at www.GaleForcePetroleum.com/corporate-presentation or on www.SEDAR.com. Gale Force schedules annual general meeting of shareholders
CNW Group - Thu Jul 18, 9:17AM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" or "Gale Force"
today announced that it has called its annual general meeting of shareholders for November 21, 2013. The board of directors has fixed October 9, 2013 as the record date for shareholders to receive notice of and to vote at the meeting. Gale Force responds to dissident shareholder
CNW Group - Wed Jul 03, 1:49PM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" or "Gale Force"
acknowledges receipt of a request from Iroquois Capital Opportunity Fund LP ("Iroquois" and certain other shareholders for a meeting of the shareholders of Gale Force to be called in order to reconstitute the Board of Directors of Gale Force, as previously publicly announced by Iroquois. Iroquois Capital Requisitions Special Meeting to Reconstitute Current Board of Gale Force Petroleum Inc.
CNW Group - Fri Jun 28, 8:48AM CDT
Today, Iroquois Capital Opportunity Fund LP and Iroquois Master Fund Ltd., together with certain of their affiliates (collectively "Iroquois"
, announced that they have formally requisitioned a special meeting of the shareholders of Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) in order to reconstitute the board of directors. Iroquois currently owns approximately 8.7% of Gale Force's outstanding common shares (together with preferred shares that can currently convert into a 9.9% aggregate ownership position) and has requisitioned the meeting with the goal of significantly enhancing Gale Force's shareholder value. Iroquois has requested that the special meeting be held on or before August 16, 2013, which provides the Gale Force with ample time to call and hold a meeting. Gale Force Retains Advisor to assist with Review of Strategic Alternatives
PR Newswire - Fri Jun 14, 12:09PM CDT
Company Seeking Buyer or Merger Patner-
Gale Force to buy additional Texas Reef Property interests, issues incentive stock options
CNW Group - Wed May 22, 8:31AM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" or "Gale Force"
today announced that it has reached agreements to purchase two sets of minority working interests in its Texas Reef Properties, which will increase its ownership in such properties by approximately 10%, to a total of 90%. The interests are to be purchased from two sellers for total consideration of 885,000 common shares of the Company and $240,000 in cash, paid in six monthly installments of $40,000. Gale Force responds to Iroquois Letter
CNW Group - Wed May 01, 8:30AM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" or "Gale Force"
today responded to the letter dated April 25, 2013 (the "Letter" sent to the Company by Iroquois Capital Opportunity Fund LP, Iroquois Master Fund Ltd., Scot Cohen and Joshua Silverman (collectively, "Iroquois" . The full text of this response letter, which has been authorized and approved by the independent members of the Board of Directors of Gale Force, is reproduced below: Gale Force to Respond to Iroquois Letter
CNW Group - Fri Apr 26, 8:09AM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" or "Gale Force"
has received a letter dated April 25, 2013 from Iroquois Capital Opportunity Fund LP, Iroquois Master Fund Ltd., Scot Cohen and Joshua Silverman (collectively, "Iroquois" , who together hold, according to such letter, approximately 7.6% of the outstanding common shares of the Company. Iroquois has also chosen to make such letter public by virtue of a press release issued by Iroquois that same day. Gale Force concludes Oklahoma property sale, provides strategy update
CNW Group - Fri Apr 12, 8:54AM CDT
Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" or "Gale Force"
today announced that it has concluded the sale of its Oklahoma Properties for $650,000, as part of a total $6.5 million property sales transaction, previously announced on March 15, 2013. There are only three leases in Gregg & Rusk Counties remaining to be sold as part of the transaction, which will fetch the remaining $300,000 of the total sales price for the properties, expected in June, 2013, per the sale agreement. 
