Gale Force Petroleum Inc. announced that it has agreed to extend until September 10, 2008 the Option to Purchase the Corporation’s Woodnorth property held by Kripa Energy Inc. The Option to Purchase was initially granted on August 5, 2008. Kripa Energy Inc. has paid a non-refundable Extension Fee of $200,000 cash to secure the extension of the Option to Purchase until September 10, 2008.
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.
Website: www.GaleForcePetroleum.com