Sentry to acquire Kyrgyzstan interests

Sentry Petroleum Ltd. has entered into a conditional joint venture agreement with Monitor Energy Limited pursuant to Monitor Energy’s petroleum exploration licenses in Kyrgyzstan.

The company advises that the agreement is conditional on a 90 day financing due diligence provision. At any time prior to the expiration of the 90 day period Sentry may choose not to proceed with the agreement. All obligations and interests contained therein are not enforceable by and between the parties until the expiration of the 90 day period or Sentry’s waiver of the termination clause.

Speaking on the agreement, Sentry Petroleum CEO Alan Hart said, I stress that the agreement is conditional. We are confident that the investment community will favourably endorse the opportunity and support what we view as a significant potential addition to our rapidly evolving oil and gas portfolio.