MONTREAL, July 24 /CNW Telbec/ - Gale Force Petroleum Inc. (TSX-V: GFP,
the "Corporation") announced today that it has added experienced personnel to
management and operations. Gale Force Petroleum will be the Operator of the
recently acquired Kentucky Shale Gas Property, and has assembled a team of
industry experts in unconventional gas exploration and development.
To manage field operations, the Corporation has contracted ColMac Inc.,
led by Orville Cole. Mr. Cole will be General Manager, Field Operations. He
has successfully managed the development of two junior oil and gas companies
and has over 20 years experience managing completions with Halliburton Energy
Services. Recently, Mr. Cole has overseen the successful completion of a
number of shale gas wells in New York State and in the St-Lawrence basin of
Quebec. Mr. Cole's team at ColMac includes skilled operators, geologists and
field engineers, who in combination have over 75 years experience successfully
operating and developing conventional and unconventional oil and gas fields.
ColMac has been provided with incentives based on production and payout on
To help administer its growing operations, Ron Bourgeois has been hired
as Executive Vice President and Chief of Operations of the Corporation.
Mr. Bourgeois has more than 30 years experience in management and development
of junior oil and gas companies, with an emphasis in the USA and on
unconventional oil and gas projects.
"I am pleased to have such experienced and talented people joining in the
Corporation." said Michael McLellan, President and Chief Executive Officer of
the Corporation. "I am positive that each of Messrs. Bourgeois and Cole will
be instrumental in continuing the rapid turnaround and growth of the
Corporation for the benefit of its shareholders."
The Corporation has also issued options to purchase 100,000 common shares
of the Corporation at a price of $0.50, which expire on July 22, 2013. The
issuance of the options is subject to the approval of the TSX Venture
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.
"The TSX Venture Exchange has not reviewed this release and therefore
does not accept responsibility for its adequacy or accuracy."
For further information:
For further information: Michael McLellan, President and CEO, Gale Force
Petroleum Inc., (514) 333-9292