Sentry Petroleum to Commence Drilling Operations
May 26 2011 - 9:52AM
Business Wire
Sentry Petroleum Ltd. (OTCBB:SPLM) announced today that the
Company will commence drilling on the coal seam and shale gas
appraisal program in Queensland on June 13, 2011. Following site
visits last week, the final step during field preparation, the
Company filed the necessary notices with Queensland government
agencies and with the landowners.
In the first well, the Talundilly-CSG1, the primary target for
Depco Rig 22 is the Winton coal and carbonaceous shale formation at
approximately 600 to 1,500 feet. Coal and carbonaceous shale core
samples will be retrieved and analyzed for gas content, coal
quality, and methane storage capacity.
Sentry will be providing shareholders and other interested
parties daily progress reports on www.sentrypetroleum.com and to
our email subscribers.
About Sentry Petroleum:
Sentry Petroleum Ltd is an American energy company with 10,600
square miles of oil, gas and coal seam gas rights in Queensland,
Australia. The company has identified over 50 separate oil, gas and
coal seam gas targets and leads within its permit area. Sentry
Petroleum’s strategy is to drill the prospects and leads and
independently certify the results. The company will continue to
leverage its strengths with a vision of becoming a premier
independent oil and gas company positioned for merger or sale. For
more information, please visit www.sentrypetroleum.com.
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
http://www.sec.gov and http://www.sedar.com for further
information.
Sentry Petroleum (CE) (USOTC:SPLM)
Historical Stock Chart
From Nov 2024 to Dec 2024
Sentry Petroleum (CE) (USOTC:SPLM)
Historical Stock Chart
From Dec 2023 to Dec 2024