Forest Gate Energy Inc. reports that it has issued 4,228,290 common shares in settlement of unpaid salaries and fees, which had been deferred in order to preserve cash, payable to officers, directors and consultants of the company.

Forest Gate Energy Inc. reports that it has reached an agreement with Vanterra Energy LLC of Denver Colorado, whereby Vanterra will return to Forest Gate 3,596,053 Forest Gate common shares, 4,343,947 subscription receipts and 7,550,000 common share purchase warrants of Forest Gate in exchange for the 70% interest in certain oil and gas leases vended-in to the company in late 2009 and in January of this year.

Forest Gate Energy Inc. is pleased to announce the appointments of Mr. Ron Goguen and Mr. Nicholas Powell as directors of the corporation.

Forest Gate Energy Inc. reports the resignation of Jean Mayer as a director of the company.

Forest Gate Energy Inc. reports that it has issued 1,504,962 shares to Blue Note Mining Inc., to settle debts related to office space and other general and administrative expenses.