On January 15, 2010, Gale Force Petroleum Inc. held an annual and special meeting of its shareholders. At the meeting shareholders elected a new Director, Mr. Roman Boyko, who will also serve as the Chairman of the Corporation's Audit Committee. Mr. Boyko was a member of L'Ordre des Comptables Agrs du Qubec from 1962 until 2008.

Gale Force Petroleum Inc. reported unaudited consolidated earnings results for the second quarter and six months ended December 31, 2009. For the quarter, the company reported net loss of CAD 223,487 or CAD 0.004 per diluted share on oil and natural gas revenue of CAD 396 against net loss of CAD 512,981 or CAD 0.027 per diluted share on oil and natural gas revenue of CAD 47,450 in the same period of last year. Loss before financial expenses was CAD 182,444 against CAD 269,065 in the same period of last year. Loss from operations was CAD 183,381 against CAD 547,309 in the same period of last year. Loss before income taxes was CAD 223,487 against CAD 512,981 in the same period of last year. Cash used in operating activities was CAD 841,392 against cash generated from operating activities of CAD 628,557 in the same period of last year. For the six months ended December 31, 2009, the company reported net loss of CAD 394,799 or CAD 0.008 per diluted share on oil and natural gas revenue of CAD 396 against net loss of CAD 868,286 or CAD 0.047 per diluted share on oil and natural gas revenue of CAD 417,766 in the same period of last year. Loss before financial expenses was CAD 286,300 against CAD 564,898 in the same period of last year. Loss from operations was CAD 287,481 against CAD 1,013,873 in the same period of last year. Loss before income taxes was CAD 394,799 against CAD 868,286 in the same period of last year. Cash used in operating activities was CAD 900,499 against CAD 297,916 in the same period of last year.

Gale Force Petroleum Inc. reported unaudited consolidated earnings results for the first quarter ended September 30, 2009. For the quarter, the company reported loss before financial expenses of CAD 103,856, loss form operations of CAD 104,100, loss before income taxes of CAD 171,342 or CAD 0.004 per diluted and basic share against income before financial expenses of CAD 58,486, loss form operations of CAD 112,245, loss before income taxes of CAD 355,287 or CAD 0.020 per diluted and basic share for the same period last year. Cash used in operating activities was CAD 1,922,658 against CAD 1,173,722 last year.