Gale Force Petroleum Incorporation.

Published : June 14th, 2013

Retains Financial Advisor for Strategic Alternative

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GALE FORCE RETAINS ADVISOR TO ASSIST WITH REVIEW OF STRATEGIC ALTERNATIVES

-Company Seeking Buyer or Merger Partner-


Dallas, June 14, 2013 - Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the �Company� or �Gale Force�) today announced that it has engaged Cairn Merchant Partners as its financial advisor in order to assist the Company in evaluating and considering strategic alternatives with a view to enhancing shareholder value.  Strategic alternatives to be considered by the Company include, but are not limited to, the sale of the Company or a business combination.

�Given Gale Force�s attractive reserves base, cash-flow positive operations, potential for growth and public listing, our Board of Directors believes that the Company can attain greater value for shareholders through a strategic transaction,� said Michael McLellan, Co-Chairman and CEO.  �The rationale for a strategic transaction was most recently discussed in detail in the Company�s Management Discussion & Analysis for the quarter ended March 31, 2013, but in short, we believe that a strategic transaction will unlock latent value currently going unrecognized by the market and, depending upon the nature of the transaction, could be accretive to shareholders through the realization of economies of scale and operational synergies.�

The Company cautions, however, that there can be no assurance that its ongoing strategic review process will result in any transaction, or, if a transaction is realized, as to its terms or timing.

For more information, please contact: Michael McLellan, CFA, Co-Chairman & CEO, +1.888.440.3411 or Bryden Richardson, Managing Partner of Cairn Merchant Partners, +1.647.258.4334 or Richardson@CairnMP.com

ABOUT GALE FORCE PETROLEUM INC. - www.GaleForcePetroleum.com   
Gale Force Petroleum is a public corporation focused on acquiring and exploiting underdeveloped oil and gas reserves in mature basins, bringing operational expertise and capital to lower-risk, development-type projects. The Company currently owns producing oil and gas properties in Texas, Tennessee and West Virginia.

ABOUT CAIRN MERCHANT PARTNERS - www.CairnMP.com   
Cairn Merchant Partners LP is a recently formed independent M&A advisory and merchant banking firm offering a full range of advisory services to public and private companies. Cairn�s principals have significant experience advising management teams and boards of public companies through strategic alternative reviews.

Cautionary Statement Regarding Forward-Looking Statements


Certain statements in this press release contain forward-looking statements. All forward-looking statements are based on the Company�s current expectations, estimates, projections, beliefs and assumptions based on information available at the time the statement was made and in light of the Company�s experience and its perception of historical trends. Some of the forward-looking statements may be identified by words like �expected�, �subject to�, �will be� and similar expressions. In addition, all other statements that address expectations or projections about the future, including statements about potential future transactions, are forward-looking statements. Forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties, some that are similar to other oil and gas companies and some that are unique to the Company, and the other risks described in the Company�s continuous disclosure filings with securities regulators available under the Company�s profile at www.sedar.com. The Company�s actual results may differ materially from those expressed or implied by the Company�s forward-looking statements and you are cautioned not to place undue reliance on them. The Company does not assume any obligation to update any forward-looking statements contained in this press release, except as required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

- 30 -
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Toronto, Ontario M5X 1C7
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Gale Force Petroleum Incorporation.

CODE : GFP.V
ISIN : CA36320R2063
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Gale Force Petroleum Inc. is a oil producing company based in Canada.

Gale Force Petroleum Inc. is listed in Canada and in United States of America. Its market capitalisation is CA$ 148.3 millions as of today (US$ 118.5 millions, € 103.8 millions).

Its stock quote reached its lowest recent point on May 22, 2015 at CA$ 0.01, and its highest recent level on May 07, 2021 at CA$ 9.42.

Gale Force Petroleum Inc. has 80 140 000 shares outstanding.

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Financings of Gale Force Petroleum Incorporation.
3/1/2011OBTAINS $300,000 BRIDGE LOAN
2/1/2011CLOSES $1.08 MILLION PRIVATE PLACEMENT
Option Grants of Gale Force Petroleum Incorporation.
2/22/2011200,000 options granted to IR group
2/22/2011Amendment of STOCK OPTION PLAN
Nominations of Gale Force Petroleum Incorporation.
11/1/2013Announces Board of Directors Changes and Settlement With Iro...
2/22/2011ENGAGES INVESTOR RELATIONS GROUP, AMENDS STOCK OPTION PLAN
Project news of Gale Force Petroleum Incorporation.
8/27/2014Gale Force closes Texas Reef interests sale
11/12/2013Sells Remaining G&R Leases and Provides Production Update
3/15/2013=3A GFP Generates Capital Through Property Sales
9/18/2012GFP Provides Texas Reef Land Update
9/12/2012PROVIDES MARCELLUS UPDATE =2D On Track to Achieve Forecast P...
Corporate news of Gale Force Petroleum Incorporation.
9/18/2015Montana Exploration Corp. and Gale Force Petroleum Inc. Comp...
9/10/2015Gale Force Petroleum Inc. Security Holders Approve Arrangeme...
9/9/2015GALE FORCE PETROLEUM INC. SECURITY HOLDERS APPROVE ARRANGEME...
8/4/2015Gale Force Petroleum Inc. Obtains Interim Order for Plan of ...
6/25/2015Montana Exploration Corp. to acquire Gale Force Petroleum In...
6/24/2015MONTANA EXPLORATION CORP. TO ACQUIRE GALE FORCE PETROLEUM IN...
12/18/2014Gale Force Announces Shareholder Meeting Results
11/24/2014Gale Force receives escrowed funds from Texas Reef sale
11/18/2014GALE FORCE REDUCES OVERHEAD, TO ISSUE SECURITIES
11/18/2014Gale Force Reduces Overhead Costs, To Issue Securities
11/17/2014GALE FORCE CLOSES THUNDER PROPERTIES SALE
11/17/2014closes Thunder Properties sale
9/11/2014Gale Force issues finder's fee shares, updates stock option ...
8/18/2014Gale Force to Sell Thunder Property Interests
8/18/2014to Sell Thunder Property Interests
7/24/2014Gale Force to sell majority stake in its Texas Reef Properti...
5/29/2014Gale Force frees up capital through East Texas property sale...
4/22/2014to fetch $5.00 more per barrel of oil produced under new con...
3/28/2014increases short-term loan to US$600,000
2/26/2014BUYS ADDITIONAL TEXAS REEF INTERESTS=2C RENEWS AND EXTENDS ...
2/26/2014Releases December 31=2C 2013 Interim Report
2/7/2014Announces Shareholder Meeting Results
1/29/2014Provides Operations and Strategy Update
1/24/2014Issues Shares for Debt
12/3/2013Extends Bank Facility=2C Enters Into Swaps
11/28/2013Publishes Quarterly Financials
10/11/2013Preferred Shareholders Convert Into Common Shares
9/30/2013Concludes Texas Reef Interests Purchase
9/30/2013Closes Texas Reef Interests Purchases
9/9/2013Publishes Updated Presentation
7/18/2013Calls Annual Shareholders Meeting
7/3/2013Responds to Dissident Shareholder
6/14/2013Retains Financial Advisor for Strategic Alternative
5/22/2013to buy additional Texas Reef Property interests, issues ince...
5/1/2013responds to Iroquois Letter
4/26/2013TO RESPOND TO IROQUOIS LETTER
2/13/2013provides strategy update
10/3/2012GFP SPUDS WELL AT TEXAS REEF
9/13/2012Warrants To Comments Trading on TSXV
5/28/2012GFP Announces GGC Deal to Proceed
3/15/2012GFP in the Energy Report
3/13/2012GFP Trading Update
3/8/2012GFP Update
8/2/2011Palos Merchant Bank Comments on Gale Force Petroleum
5/5/2011CLOSES $5 MILLION STRAIGHT EQUITY FINANCING, ANNOUNCES B...
2/2/2011CLOSES COLGATE ACQUISITION
7/22/2010 Announces Purchase of Gulftex Properties
2/25/2009 Creditors Accept ProposalThread-Topic: News Release: GFP Cr...
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