Montreal, August 5, 2008 – Gale Force Petroleum Inc. (TSX-V: GFP, the “Corporation”) announced today that it has granted an “Option to Purchase” its Woodnorth property in Manitoba to Kripa Energy Inc., a private Canadian corporation, expiring on September 5, 2008. For the Option to Purchase, Kripa Energy has made a non-refundable payment of $300,000 to the Corporation. The purchase price of the Manitoban Properties will be determined and announced should Kripa Energy exercise its Option to Purchase.

Of the $300,000 paid for the Option to Purchase, $10,000 was paid in cash and the balance was paid by the surrender for cancellation of debentures of the Corporation with face values totalling $290,000, subject to the transaction being approved by the TSX Venture Exchange.

“The sale of our Manitoban properties, if consummated, will strengthen our balance sheet and focus the Corporation on the development of larger properties with greater long-term growth prospects” said Michael McLellan, President and Chief Executive Officer of the Corporation. “Revenues currently being generated by the Manitoban properties will be replaced and increased by production coming online from our interests in Alberta and Kentucky”,

ABOUT GALE FORCE PETROLEUM INC. ? www.GaleForcePetroleum.com
Gale Force Petroleum is a public oil and gas corporation focused on acquiring and developing oil and gas properties in North America, building shareholder value through growth.

For more information, please contact:
Gale Force Petroleum Inc.
Michael McLellan, President and CEO, +1.514.333.9292

Forward looking statements:

Statements included herein, including those that express management's expectations or estimates of our future performance, constitute "forward-looking statements" within the meaning of applicable securities laws. Forward-looking statements – especially but not limited to any geological or reservoir information not supported by a NI 51-101 report – are based on assumptions and estimates that are subject to various risks and uncertainties including but not limited to geological risk, engineering risks, market risk and the risks disclosed under the heading "Business Risks" in the Corporation's periodic filings with Canadian securities regulators, including most recently in its Management Discussion and Analysis for the exercise ended June 30, 2007 available on SEDAR. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statements.
“The TSX Venture Exchange has not reviewed this release and therefore does not accept responsibility for its adequacy or accuracy.”
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