Sentry Petroleum Ltd. Completes Key Step in Exploration Strategy
29 Dicembre 2008 - 7:14PM
Marketwired
Sentry Petroleum (OTCBB: SPLM) announced today that MBA Petroleum
Consultants, a leading international consultancy for the assessment
of hydrocarbon exploration assets, has completed the first stage of
Sentry's seismic data interpretation program. Dr. Rajeswaran,
Sentry Petroleum President and Chief Executive Officer commented,
"MBA has completed loading and quality check of the seismic data.
We are now ready to commence a detailed interpretation of the data.
MBA's work represented a major undertaking for several reasons, in
particular because of the amount of seismic data provided to them.
We are very pleased with their work and commend them on their
efforts."
Rajeswaran continued, "We have made a preliminary amount of data
available to an independent geophysicist. A detailed and thorough
interpretation of the loaded data will commence in the New Year. As
gas was previously discovered and produced at the Gilmore Field
immediately adjacent to our properties we are confident that
additional drillable prospects will be mapped."
About the Adavale Basin -- The Adavale contains source,
reservoir and seal in a variety of structural habitats and includes
middle devonian reefs which are prolific producers in other basins
worldwide. Proximate discoveries at Gilmore and Kenmore totalling
15 billion cubic feet of gas and 6 million barrels of oil
respectively. These successes speak to the prospectivity of the
company's permits.
About Sentry Petroleum Ltd.
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.
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.
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Marketwire
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
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