Sentry Petroleum Retains Leading Independent Oil and Gas Evaluator
29 Luglio 2008 - 4:57PM
Marketwired
DENVER, CO announced today the formal hiring of independent oil
and gas consultancy MBA Petroleum Consultants as the company's
independent evaluator. MBA Petroleum Consultants is a leading
international consultancy that uses state-of-the-art technology for
assessing the hydrocarbon potential of exploration assets. The
company also provides Independent Expert Reports for use in listing
submissions to exchanges such as the AIM in London and the
Australian Stock Exchange.
Dr. Rajeswaran, Sentry Petroleum President, commented, "MBA and
its principal founders, Doug Barrenger and Wal Muir, enjoy
excellent reputations within the oil industry; MBA is thorough in
its analysis and is independent. Their expertise and independence
will provide our shareholders, investors and industry partners an
unbiased assessment of our assets and potential."
Commenting on Sentry Petroleum's assets, Wal Muir, founding
partner of MBA Petroleum Consultants, noted, "Oil and gas were
previously discovered and produced at the Gilmore Field. This play
in the Devonian sequences of the Adavale Basin has been ignored in
recent years, yet is a proven hydrocarbon system. Sentry and MBA
are confident that this reappraisal of the basin will lead to
drillable prospects being mapped."
A Sentry spokesperson advised that MBA Petroleum Consultants is
currently sourcing and loading over 3,400 kilometres of seismic
data. These seismic data will then be integrated with the
information from wells drilled within and near the permit and
interpreted using new ideas for plays developed by both Sentry and
MBA.
Dr. Rajeswaran concluded, "Doug has more than 26 years'
experience in the petroleum industry and has undertaken all facets
of geological work, from wellsite operations to prospect
evaluation, risk analysis and basin analysis. Wal Muir has over 28
years' experience in the petroleum industry and specializes in the
evaluation of the value and risks associated with exploration
acreage. He has specific experience in the Adavale Basin and
understands the intricacies of its complex geological setting. His
skills in seismic interpretation, risk analysis, play and prospect
evaluation will provide Sentry and our shareholders a degree of
expertise unavailable anywhere else in the world."
About Sentry Petroleum:
Sentry Petroleum is a junior oil and gas exploration company
focused in Asia. The company's mission is to secure large land
positions with drill ready prospects in the regions of the world
with the most promise for large scale discovery. The Company will
continue to leverage its strengths with a vision to become a
premier independent oil and gas company.
About MBA Petroleum Consultants:
MBA Petroleum Consultants provides independent valuations for
oil and gas assets. The firm utilizes a large group of experienced
associates with a wide range of skills and has a comprehensive
strategy for assessing the potential reserve of assets, using
state-of-the-art industry technology and a comprehensive strategy
for assessing chance of success (COS).
Forward-Looking Statements:
This release includes certain statements that may be deemed to
be "forward-looking statements" within the meaning of applicable
legislation. Other than statements of historical fact, all
statements in this release addressing future operations,
undiscovered hydrocarbon resource potential, exploration, potential
reservoirs, prospects, leads and other contingencies are
forward-looking statements. Although management believes the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of
future performance, and actual results may differ materially from
those in the forward-looking statements due to factors such as
market prices, exploration successes, continued availability of
capital and financing, and general economic, market, political or
business conditions. Please see our public filings at www.sec.gov
and www.sedar.com for further information.
Contact: Investor Relations 866.680.7649 Email Contact
www.sentrypetroleum.com Philippe Niemetz PAN Consultants Ltd. 14
Wall Street, 20th Floor New York, NY 10005 212.344.6464 or
800.477.7570 Email Contact
Grafico Azioni Sentry Petroleum (CE) (USOTC:SPLM)
Storico
Da Nov 2024 a Dic 2024
Grafico Azioni Sentry Petroleum (CE) (USOTC:SPLM)
Storico
Da Dic 2023 a Dic 2024
