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Gold/Mining/Energy : Sentry Petroleum

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Dec 26 9:30 AM EST

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From: Paul Lee	2/18/2011 11:51:32 AM
	of 5

Sentry Petroleum President and CEO Discusses Potential World-Class Coal Resource DENVER--(BUSINESS WIRE)-- Sentry Petroleum Ltd (OTCBB:SPLM.ob - News) today announced the release of a video interview with Dr. Raj Rajeswaran, Sentry Petroleum President and Chief Executive Officer. The interview is available on the company's web site at sentrypetroleum.com Sentry President and CEO, Dr. Rajeswaran is quoted as saying, “We are now sitting on a huge coal seam gas potential.” The next step in the resource appraisal program is to verify our results and then commence our drilling appraisal program in April of this year. Dr. Rajeswaran summarizes, “The signs are excellent for Sentry,” and that he believes “it is only a matter of time before Sentry becomes a major player in Queensland.” Sentry’s Geosciences Team has determined that the potential deposit is over 2,000 square miles in size and contains coal and shale seams estimated in excess of 50 feet and 320 feet respectively. Mud logs also clearly indicate the presence of gas at optimal production depths between of 300 to 1,600 feet. Sentry's 6.9 million acres of prospective leases are located in one of the hottest energy markets in the world. Some of the region’s largest energy companies including Royal Dutch Shell (NYSE:RDS - News) ConocoPhillips (NYSE:COP - News) and PetroChina (NYSE:PTR - News) have secured interests in the region, all through acquisition of junior companies like Sentry. Queensland, when compared to other jurisdictions globally, has a very favorable fiscal regime that enables energy companies keep the lion’s share of any profit. Sentry is the largest permit holder in the basin and is being positioned for sale.

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