Articles related to Gale Force Petroleum Inc.
 
24hGold - PR Newswire
Montana Exploration Corp. and Gale Force Petroleum Inc. Complete Arrangement, Debt Conversions
TORONTO, Sept. 18, 2015 /CNW/ - Montana Exploration Corp. ("Montana") (MTZ.V) and Gale Force Petroleum Inc. ("Gale Force") (GFP.V) (GFPMF) are pleased to announce that they have completed the plan of arrangement (the "Arrangement"), pursuant to which Montana has acquired all of the issued and outstanding shares of Gale Force in exchange for common shares of Montana (the "Common Shares").  Simultaneously, CA$9,304,364 of Montana's secured debts and CA$374,141 of Gale Force's short-term debts (inc
Friday, September 18, 2015
24hGold - CNW Group
Gale Force Petroleum Inc. Security Holders Approve Arrangement with Montana Exploration Corp.
TORONTO , Sept. 9, 2015 /CNW/ - Gale Force Petroleum Inc. ("Gale Force" or the "Company") (GFP.V) (GFPMF) and Montana Exploration Corp. ("MTZ") (MTZ.V) are pleased to announce that at the special meeting of the Gale Force securityholders (the "GFP Securityholders") held on September 8, 2015 , the GFP Securityholders approved the previously announced plan of arrangement (the "Arrangement") pursuant to which MTZ will acquire all of the issued and outstanding shares of Gale Force in exchange for
Thursday, September 10, 2015
24hGold - Noodls
GALE FORCE PETROLEUM INC. SECURITY HOLDERS APPROVE ARRANGEMENT WITH MONTANA EXPLORATION CORP.
TORONTO, Ontario - September 9th, 2015 - Gale Force Petroleum Inc. ("Gale Force" or the "Company") (TSXV:GFP) (OTCQX:GFPMF) and Montana Exploration Corp. ("MTZ") (TSXV:MTZ) are pleased to announce that at the special meeting of the Gale Force securityholders (the "GFP Securityholders") held on September 8, 2015, the GFP Securityholders approved the previously announced plan of arrangement (the "Arrangement") pursuant to which MTZ will acquire all of the issued and outstanding shares of Gale Forc
Wednesday, September 9, 2015
24hGold - PR Newswire
Gale Force Petroleum Inc. Obtains Interim Order for Plan of Arrangement
TORONTO, Aug. 4, 2015 /CNW/ - Gale Force Petroleum Inc. ("Gale Force" or "GFP") (GFP.V) (GFPMF) and Montana Exploration Corp. ("MTZ") (MTZ.V) announced that they had entered into an arrangement agreement pursuant to which MTZ will acquire all of the issued and outstanding Common Shares and Series III Preferred Shares of Gale Force by way of a statutory plan of arrangement under the Canada Business Corporations Act (the "Plan of Arrangement"). Gale Force is pleased to report that the Ontario Supe
Tuesday, August 4, 2015
24hGold - PR Newswire
Montana Exploration Corp. to acquire Gale Force Petroleum Inc. and consolidate land position in Montana
CALGARY, June 24, 2015 /CNW/ - Montana Exploration Corp. ("MTZ") (MTZ.V) and Gale Force Petroleum Inc. ("Gale Force" or "GFP")) (GFP.V) (GFPMF) are pleased to announce that they have entered into an arrangement agreement (the "Arrangement Agreement") pursuant to which MTZ will acquire all of the issued and outstanding common shares (the "GFP Common Shares") and Series III preferred shares (the "GFP Preferred Shares") of Gale Force by way of a statutory plan of arrangement under the Canada Busine
Thursday, June 25, 2015
24hGold - Noodls
MONTANA EXPLORATION CORP. TO ACQUIRE GALE FORCE PETROLEUM INC.
Calgary, Alberta - June 24, 2015. Montana Exploration Corp. ("MTZ") (TSXV:MTZ) and Gale Force Petroleum Inc. ("Gale Force" or "GFP")) (TSXV:GFP) (OTCQX:GFPMF) are pleased to announce that they have entered into an arrangement agreement (the "Arrangement Agreement") pursuant to which MTZ will acquire all of the issued and outstanding common shares (the "GFP Common Shares") and Series III preferred shares (the "GFP Preferred Shares") of Gale Force by way of a statutory plan of arrangement under th
Wednesday, June 24, 2015
24hGold - CNW Group
Gale Force Announces Shareholder Meeting Results
TORONTO , Dec. 18, 2014 /CNW/ - 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.  Out of 79,408,021 common shares issued and outstanding on the record date of December 31, 2013 , 26,150,787 shares were voted at the meeting, representing 32.93% of all such shares, with significant majorities of votes cast in favour of all motions proposed by Management, as follows: Elec
Thursday, December 18, 2014
24hGold - PR Newswire
Gale Force receives escrowed funds from Texas Reef sale
DALLAS, Nov. 24, 2014 /CNW/ - Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) ("Gale Force" or the "Company") today announced that it has received payment of US$480,000 of the US$567,000 held in escrow following the sale of a majority working interest in the Company's Texas Reef Properties in Henderson and Anderson Counties, Texas, previously announced on August 27, 2014.  An amount of US$87,000 remains in escrow pending further title investigation.ABOUT GALE FORCE PETROLEUM INC. − www.Gale
Monday, November 24, 2014
24hGold - Noodls
GALE FORCE REDUCES OVERHEAD, TO ISSUE SECURITIES
Dallas, November 18, 2014 - Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) ("Gale Force" or the "Company") today announced that it has reorganized its corporate structure to reflect the declining size of its operations, as it continues to execute its plans to sell properties to free-up capital. The Company's Chief Operating Officer, Emery Johnson, who is also a large shareholder of the Company, has voluntarily stepped down.  "I would like to thank Mr. Johnson immensely for his exemplary
Tuesday, November 18, 2014
24hGold - PR Newswire
Gale Force Reduces Overhead Costs, To Issue Securities
DALLAS, Nov. 18, 2014 /CNW/ - Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) ("Gale Force" or the "Company") today announced that it has reorganized its corporate structure to reflect the declining size of its operations, as it continues to execute its plans to sell properties to free-up capital.The Company's Chief Operating Officer, Emery Johnson, who is also a large shareholder of the Company, has voluntarily stepped down.  "I would like to thank Mr. Johnson immensely for his exemplary c
Tuesday, November 18, 2014
24hGold - Noodls
GALE FORCE CLOSES THUNDER PROPERTIES SALE
Dallas, November 17, 2014 - Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) ("Gale Force" or the "Company") today announced that it has sold 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. The Company has retained a 3.5% overriding royalty interest in the Thunder Properties, which may be purchased by the Buyer on or before June 1, 2015, subjec
Monday, November 17, 2014
24hgold - CNW Group
closes Thunder Properties sale

Monday, November 17, 2014
24hGold - CNW Group
Gale Force issues finder's fee shares, updates stock option plan
DALLAS, TX , Sept. 10, 2014 /CNW/ - Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (" Gale Force " or the "Company") today announced that it has issued 236,114 common shares as final payment of a finder's fee associated with the non-core properties sale in Wood County that was announced on May 29 , 2014.  The total finder's fee paid was $93,000 , comprised of $77,000 cash and $16,000 in common shares.  Also, as required by updated TSX Venture Exchange policies, the Company has amended it
Thursday, September 11, 2014
24hGold - PR Newswire
Gale Force closes Texas Reef interests sale
DALLAS, TX, Aug. 27, 2014 /CNW/ - 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 pri
Wednesday, August 27, 2014
24hgold - CNW Group
to Sell Thunder Property Interests

Monday, August 18, 2014
24hGold - PR Newswire
Gale Force to Sell Thunder Property Interests
DALLAS, Aug. 18, 2014 /CNW/ - 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.Recently, the Company also announced its intention to sell a majority stake in its Texas Reef properties, which was announced o
Monday, August 18, 2014
24hGold - CNW Group
Gale Force to sell majority stake in its Texas Reef Properties, signs agreement with new operator
DALLAS , July 24, 2014 /CNW/ - 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 . The Company will
Thursday, July 24, 2014
24hGold - PR Newswire
Gale Force frees up capital through East Texas property sales
DALLAS, May 29, 2014 /CNW/ - Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company") today announced that it has sold non-core properties in East Texas, for an aggregate selling price of US$2.15 million."The property divestitures have allowed for debt repayments that have strengthened Gale Force's balance sheet, and have also freed up capital to continue investments in core properties to grow production and increase asset values," said Michael McLellan, Chief Executive Officer.With
Thursday, May 29, 2014
24hgold - CNW Group
to fetch $5.00 more per barrel of oil produced under new contract

Tuesday, April 22, 2014
24hgold - CNW Group
increases short-term loan to US$600,000

Friday, March 28, 2014
1234