Sentry Petroleum Spuds Albilbah-CSG1
05 Juli 2011 - 3:15PM
Business Wire
Sentry Petroleum Ltd. (OTCBB:SPLM), (“Sentry” or the “Company”),
a U.S. energy company with oil, gas and coal seam gas rights in
Queensland, Australia is pleased to announce that Depco Rig 22
commenced drilling Albilbah-CSG1 in ATP 862, Sentry’s northern
permit in Queensland, Australia at 11 am Australian Eastern Time on
July 5th.
The Albilbah-CSG1 well is targeting the Winton coal and gas
shale formation. The Company anticipates 10 days to complete the
drilling.
Sentry is providing daily drilling progress reports on the
corporate web site at
www.sentrypetroleum.com/projects/unconventional/current-drilling.
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.
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