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Sentinel Rock Oil Corporation (TSX VENTURE:SEN) ("Sentinel" or the
"Corporation") is pleased to announce that it has closed the first tranche of
its previously announced non-brokered private placement (the "Sentinel Private
Placement") of 8,700,000 Common Shares raising a total amount of Cdn $435,000.
Pursuant to the Sentinel Private Placement, the Corporation may pay a cash
commission of 5% to registered dealers or other qualified persons according to
applicable securities laws, although no such fees were paid in connection with
the closing of the first tranche.


The first tranche of the Sentinel Private Placement was hereto subscribed by
officers and directors of the Corporation. Following this closing, the
Corporation will have 37,193,855 common shares issued and outstanding.


The net proceeds of the Sentinel Private Placement will be used by Sentinel to
pay outstanding payables and for general working capital purposes. The principal
reason for the Corporation to complete the Sentinel Private Placement is that
the Corporation currently has a working capital deficiency of approximately
$350,000 and wishes to drill one or more vertical test wells on its property in
Poundmaker, Saskatchewan and complete a re-entry of one well on its Redford
property in South Central Saskatchewan.


About Sentinel

Sentinel is a Calgary, Alberta based oil exploration company focusing on heavy
oil with operations in northern Alberta and western Saskatchewan.


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