News Releases

GALE FORCE PETROLEUM ANNOUNCES NEW CONDITIONAL DEBT RESTRUCTURING AGREEMENT, INTENTION TO PURCHASE NEW PROPERTIES, NEW FINANCING PLANS AND INTENTION TO MERGE

Friday, September 25th, 2009

Montreal, September 25, 2009 – Gale Force Petroleum Inc. (TSX Venture: GFP, the “Corporation”) today announced several agreements, which could permit the Corporation to stave off bankruptcy, complete its restructuring, and provide a viable future for the Corporation.

The Corporation has signed the following agreements:

(1) A new conditional agreement with its secured lender [...]

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Tuesday, August 25th, 2009
GALE FORCE PETROLEUM ISSUES UPDATE TO SHAREHOLDERS
Tuesday, August 18th, 2009
GALE FORCE PETROLEUM ISSUES SHARES UNDER PROPOSAL TO CREDITORS, DUMAS JOINS BOARD OF DIRECTORS
Thursday, July 30th, 2009
GALE FORCE PETROLEUM CANCELS PROPERTY PURCHASE, RESTRUCTURING AND REFINANCING PLANS POSTPONED
Tuesday, June 23rd, 2009
GALE FORCE PETROLEUM ANNOUNCES REVISED FINANCING TERMS, REVISED CONDITIONAL DEBT RESTRUCTURING AGREEMENT
Monday, June 8th, 2009
GALE FORCE PETROLEUM ANNOUNCES CONDITIONAL DEBT RESTRUCTURING AGREEMENT, LETTER OF INTENT TO PURCHASE NEW PROPERTY AND REFINANCING PLANS
Wednesday, June 3rd, 2009
GALE FORCE PETROLEUM ANNOUNCES STATUS UPDATE ON PROGRESS OF RESTRUCTURING, REFINANCING
Wednesday, April 8th, 2009
GALE FORCE PETROLEUM ANNOUNCES CHANGE TO BOARD OF DIRECTORS
Wednesday, April 1st, 2009
GALE FORCE PETROLEUM CREDITORS PROPOSAL APPROVED BY COURT
Wednesday, February 25th, 2009
GALE FORCE PETROLEUM CREDITORS ACCEPT PROPOSAL
Tuesday, February 3rd, 2009
GALE FORCE PETROLEUM TO FILE PROPOSAL TO CREDITORS
Wednesday, January 14th, 2009
GALE FORCE PETROLEUM, WHL ENERGY AND DERBY RESOURCES ANNOUNCE FARMOUT OF KENTUCKY SHALE GAS PROPERTY