August 27, 2014 7:54 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Gallic Energy Ltd.

Company Overview

Gallic Energy Ltd., together with its subsidiaries, engages in the exploration and development of oil and gas properties primarily in France and Australia. It holds 100% exploration rights in the Ger permit covering 127,012 acres and the Ledeuix permit covering approximately 192,989 acres located in the Aquitaine Basin in France; and exploration rights for its Block EP 464 covering 608,700 acres located in Canning Basin in Western Australia. The company was formerly known as Exceed Capital Holdings Ltd. and changed its name to Gallic Energy Ltd. in July 2007. Gallic Energy Ltd. was incorporated in 1983 and is headquartered in Calgary, Canada. As of December 31, 2012, Gallic Energy Ltd. opera...

205 – 5th Avenue SW

Suite 1000

Calgary, AB T2P 2V7

Canada

Founded in 1983

11 Employees

Phone:

403-263-1105

Fax:

403-930-7595

Key Executives for Gallic Energy Ltd.

Chief Executive Officer
Chief Financial Officer and Vice President of Finance
Age: 48
Vice President of Operations
Corporate Secretary
Age: 45
Vice President of Engineering and Business Development
Compensation as of Fiscal Year 2014.

Gallic Energy Ltd. Key Developments

Gallic Energy Ltd. Announces Board Resignations

Gallic Energy Ltd. announced effectively from November 29, 2012, the resignations of John Garden, Jeffrey Scott and Gordon McIntosh from its board of directors. The Corporation is seeking suitable replacements for the departing Directors.

Gallic Energy Ltd., Annual General Meeting, Dec 13, 2012

Gallic Energy Ltd., Annual General Meeting, Dec 13, 2012., at 09:00 US Mountain Standard Time. Location: Hamilton Room, Bow Valley Square. Agenda: To consider the proposed plan of arrangement involving Gallic Energy Ltd., Petromanas Acquisition Ltd. and Petromanas Energy Inc.

Gallic Energy Ltd., Annual General Meeting, Nov 29, 2012

Gallic Energy Ltd., Annual General Meeting, Nov 29, 2012., at 09:00 US Mountain Standard Time. Location: Angus/Northcot Room at Bow Valley Square. Agenda: To consider pursuant an order (of the Court of Queen's Bench of Alberta dated October 26, 2012, and, if thought advisable, to pass, with or without variation, to approve a plan of arrangement under section 193 of the Business Corporations Act (Alberta) involving Gallic, holders of Gallic shares, holders of Gallic warrants, Petromanas Energy Inc. and Petromanas Acquisitions Ltd. (AcquisitionCo), whereby, among other things, Gallic will amalgamate with AcquisitionCo, Gallic shareholders will receive 0.3736 common shares of Petromanas for each Gallic share held and Gallic warrant holders will receive replacement warrants of Petromanas exercisable for the number of Petromanas shares equal to the number of Gallic shares issuable on exercise of Gallic warrants previously held, multiplied by 0.3736 (with the exercise prices adjusted accordingly); to consider audited financial statements for the year ended December 31, 2011 and the report of the auditor thereon; and to consider other matters.

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