Articles Tagged "Gas Company News"

Gale Force Purchases Additional Working Interest at Pine Mills, Makes Secured Loan

Gale Force Petroleum Inc. (TSXV:GFP) announced that it has purchased an additional 10 percent working interest at its Pine Mills properties in Texas for US$200,000 and the mutual release to all claims. This now increases the company's ownership to approximately 99 percent working interest. Gale Force also announced that is has made a secured loan for US$320,000 to an oil and gas company, with an interest rate of 5 percent.