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Re: jpaccione post# 625

Tuesday, 10/04/2011 11:44:39 AM

Tuesday, October 04, 2011 11:44:39 AM

Post# of 868
I don't know WHY these people haven't drilled one of the oil prospects by now? That is the most baffling thing to me at this point. All they needed to do is drill and prove up some commercial quantity of oil to put a base value on the stock then they could have gone after this speculative coal seam gas play.

It just doesn't make strategic sense ...

Best to all ...

Red

This is a post of mine from 2/26/2011 ...

*****************************

First four drilling targets in April, 2011

Most likely these prospects and leads will comprise some of the the first four drilling targets beginning in April, 2011. All targets are located in license area ATP 865. Three are certified prospects ready to drill and three leads require a couple more 2-D seismic lines completed to become certified.

ATP 865 License areahttp://www.sentrypetroleum.com/projects/conventional/permits/atp-865/

Ravenscourt Prospect 68 mmbbls
http://www.sentrypetroleum.com/projects/conventional/permits/atp-865/ravenscourt/

Sherwood Park Prospect 150 mmbbls / 179 bcf GIIP
http://www.sentrypetroleum.com/projects/conventional/permits/atp-865/sherwood-park/

Wade Hill Prospect 180 mmbbls / 210 bcf GIIP
http://www.sentrypetroleum.com/projects/conventional/permits/atp-865/wade-hill/


Leads needing some additional seismic

Permian Channels lead 124 mmbbls
http://www.sentrypetroleum.com/projects/conventional/permits/atp-865/permian-channels/

Southwest Buckable lead 64 mmbbls
http://www.sentrypetroleum.com/projects/conventional/permits/atp-865/southwest-buckabie/


The Game Changer

Glenidol lead 700 mmbbls OR 780 bcf GIIP
http://www.sentrypetroleum.com/projects/conventional/permits/atp-865/glenidol/

Eventually all these targets will be drilled and could possibly be certified as 386 million barrels to 1.086 billion barrels of oil.

******************************************

DD- Sherwood Park prospect ready to drill! Easy access to the portfolio of targets. Enjoy ... then buy up the float !!!! :~D

The Sherwood Park prospect is ready to drill !!!! 150 mmbbls oil and 170 bcf of gas .... git 'er dun !

http://www.sentrypetroleum.com/projects/conventional/permits/atp-865/sherwood-park/

Portfolio of prospects

http://www.sentrypetroleum.com/projects/conventional/permits/atp-865/


eom