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Gale Force provides operations and strategy update


Published Jan 31, 2014
Gale Force Petroleum Inc.-3

Gale Force Petroleum Inc. has provided a general and strategic update to its shareholders.

Production

The Company's oil and gas production for the quarter ended December 31, 2013 increased to over 18,100 BOE, comprised of 13,200 barrels of oil and 29,100 MCFs of liquids-rich natural gas.

Technical Review & Disclosure

In the next six months, the Board of Directors of the Company is seeking to conclude the Company's strategic review process. To do this, the Company will first publish a new statement of reserves data in the form required by National Instrument 51-101 (the "Reserves Report") and an Annual Information Form (the "AIF"), expected in or before April, 2014. These new disclosure documents will integrate new engineering, geological and geophysical studies currently being performed on the Company's properties, and will provide shareholders and strategic counterparts alike with additional information about the Company and its assets.

Tags: Gale Force Petroleum Inc.




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