Palos Merchant Bank provided comments on Gale Force Petroleum in its Weekly Commentary: “Gale Force has now reported strong early financial results from [its] new business plan, for the year ended June 30, 2011. Some of the highlights include: -Revenues increased by 842% year-over-year to $2.2 million; – Cash generated from operations was $684,732 and [...]

Palos Merchant Bank provided comments on its investment in Gale Force Petroleum: “Gale Force remains an important holding,….[it] has a unique business plan amongst oil and gas companies on the TSX Venture Exchange, which is to acquire underdeveloped shallow oil properties in the USA in mature basins, focusing on less-risky development-type projects more than on [...]