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Gold/Mining/Energy : Sentry Petroleum

SPLM 0.0001000

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Dec 26 9:30 AM EST

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From: Paul Lee	4/19/2011 9:21:03 AM
	of 5

Sentry Petroleum Secures Additional Funding DENVER--(BUSINESS WIRE)-- Sentry Petroleum Ltd. (OTCBB:SPLM.ob - News) announced today that on April 14, 2011 the Company entered into an agreement with Camerts S.A. for funding of up to $3 million through subscription of common equity. Camerts will acquire 227,273 shares for $500,000 immediately, 400,000 shares for $1.0 million upon certified test results of the core samples by an independent laboratory, confirming the average In-Situ Methane Storage Capacity is: For coal – not less than average 2.5 cubic meters per tonne dry ash free (D.A.F.) and; For Carbonaceous Shale - not less than average 0.5 cubic meters per tonne TOC (total organic content) greater than 8 weight percent. The final 535,714 shares will be acquired for $1.5 million upon initial 3P reserve certification from an independent competent person in accordance with the definitions and guidelines set forth in the 2007 Petroleum Resources Management System. Closing of the second and third tranches of investment under the Subscription Agreement are subject to certain conditions which are set forth above. The Company can provide no assurance that these conditions will ever be satisfied to allow it to close on either the second or third tranche of possible investment under the terms of the Subscription Agreement. In the event that the conditions set forth for the second or third tranche are not satisfied, the investment of Camerts S.A. under the terms of the Subscription Agreement will be limited to $500,000.

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