Gale Force provides operations update

- On Track to Achieve Forecast Production Increases -

DALLAS, TX, Aug. 14, 2012 /CNW Telbec/ - Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company" or "Gale Force") today provided an operations update to report interim results from its planned US$6 million development program.

"The Company's strategy to grow its reserves base through the acquisition of underdeveloped shallow oil properties, and steadily build production and cash-flows by taking advantage of low-risk development opportunities, is in line with prior guidance', said Michael McLellan, Co-Chairman & CEO. "The quarter ended June 30, 2012 was our ninth quarter of significant production increases, and Gale Force is set to continue this trend over the next four quarters."

Quarterly Production

For the quarter ended June 30, 2012, The Company produced 27,322 net BOE, comprised of 22,194 BBLs of oil and 30,769 MCF of natural gas.  Average daily net production during the quarter was 304 BOEPD, broken down as 247 BPD of oil and 342 MCFPD of natural gas.  This does not include production from the Company's liquids-rich Marcellus shale gas property.

Current Production & Production Growth

Due to further increases in production from workovers, reactivations and facilities construction throughout the Company's properties, the Company has now established daily net production of over 400 BOEPD, broken down as 320 BPD of oil and 500 MCFPD of natural gas.  This does not include production from a well that it recompleted with a multi-stage, multi-zone frack last month, expected to go on production in September, nor does it include production from the Company's liquids-rich Marcellus shale gas property, as the Company is awaiting precise production data from the operator.

Additional production increases are expected to take the Company to over its forecast 600 BOEPD this fall, as it completes several additional well workovers, constructs a new battery operation, and drills and completes the first of 3 PUD wells that are slated for development before the end of first quarter 2013. The Company also continues to expect production at the end of this development program to exceed 800 BOEPD, now expected during the first quarter of 2013.

Updated Corporate Presentation

The Company also today released an updated corporate presentation, available on SEDAR and on its website at: www.GaleForcePetroleum.com/corporate-presentation.

EnerCom Oil & Gas Conference

The Company also announced that it is attending the EnerCom Oil & Gas Conference this week in Denver, Colorado, as part of its investor relations efforts.

ABOUT GALE FORCE PETROLEUM INC. − www.GaleForcePetroleum.com
Gale Force Petroleum is a public corporation focused on acquiring and exploiting underdeveloped and undervalued 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, Oklahoma, Tennessee and West Virginia.

Cautionary statement concerning use of BOEs:
Please note that the Company has used the term "BOE" herein, which may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.

"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."

SOURCE: GALE FORCE PETROLEUM INC.

Michael McLellan, CFA, Co-Chairman & CEO, +1.514.221.2030