General

Q Who is Sentry Petroleum?

A Sentry Petroleum (Sentry) is a North American based oil and gas company focused in the rapidly growing Austral Asian oil and gas exploration and production industry. Sentry has acquired four oil and gas permits or Authority to Prospect (ATP 862, 864, 865, 866) in the commercially proven Adavale Basin in Queensland. This land holding positions Sentry as the dominant land owner in the basin. The company will seek to acquire through joint venture, government tender, or acquisition additional interests in a balance portfolio of oil and gas exploration properties.

Q Where is Sentry located?

A Our head office is located in Denver, Colorado and our operations office is in Perth, Australia.

Investor Relations Questions

Q Why has Sentry decided to run its head office from Denver and list publicly in the United States?

A Sentry sought a regulated market founded in the rule of law. America is home to hundreds of U.S. domiciled junior oil and gas companies and is the leading financial center for venture capital investments. Denver has fast become one of the leading cities in the international junior oil and gas exploration sector. It provides a wide array of industry opportunities and relationships for the company.

Q Does Sentry intend to pursue acquisitions and mergers?

A Yes, Sentry sees opportunity to acquire producing assets in Austral Asia and other prospective oil and gas regions.

Q What is underbalanced drilling and what is its advantage?

A Underbalanced drilling is a method of drilling which reduces the hydrostatic pressure of the drilling fluid so that the pressure in the wellbore is less than the pressure of the formation. This technique minimizes formation invasion related problems and associated formation damage. It has proven to be particularly useful for lower porosity/permeability reservoirs and those with significant clay content. With many of the hydrocarbons found today in existing fields with diminished pressure, or in complex and low quality reservoirs, the use of underbalanced drilling is improving well productivity and increasing recoverable reserves.

Q What is Sentry’s exploration strategy – near term and medium term?

A In the near-term, Sentry Petroleum’s exploration effort will entail opportunities in producing basins in Australia. We will attempt to secure additional oil plays in order to achieve quick revenue return to our shareholders.
Medium term we are actively investigating additional acreage acquisition opportunities that are on trend with several commercially successful fields at multiple play levels.

Q What are some of the challenges involved in developing your short term and long term opportunities?

A Short term the challenge will be completing joint venture agreements in a competitive marketplace. Long term, our key challenge will be to grow our oil and natural gas production, inventory of opportunities, and build a strong reserve base. Another challenge will be to secure the right partner(s) for our exploration blocks outside of the company’s core area and secure exploration financing.

Q Who are the major shareholders of Sentry?

A The Sentry Petroleum Management Group owns 23% of our common stock. The company and assets are held by our corporate secretary on behalf of management.

Q What are Sentry’s production targets for 2011?

A If successful, the company plans to exit 2011 with production of 20 mmscfd growing to 40 mmscfd by the end of 2012.