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17 Jun 2008 15:18
Sefton Resources Inc.
("Sefton" or the "Company")
Director Shareholding
The Company was informed on 17 June 2008 that Mr. Jeremy Delmar-Morgan, the Chairman of the Company, purchased the following common stock of no par value in the Company ("Common Stock"):
|
Date |
Common Stock purchased |
Price per Common Stock |
|
13 June 2008 |
250,000 |
8p |
|
16 June 2008 |
100,000 |
6.75p |
Mr. Delmar-Morgan now holds 4,630,178 Common Stock in the Company, representing 3.99 per cent. of the total voting rights.
Enquiries:
Jeremy Delmar-Morgan, Chairman, Tel: 077 8900 4874
John James (Jim) Ellerton, CEO, Tel: 00 1 303 759 2700
David Millham, Investor Relations, Tel: 078 5094 9324
Jonathan Wright/Nicola Marrin, Seymour Pierce Ltd., Tel: 020 7107 8000
Sefton Resources is an AIM listed oil and gas production company. Its main core area of activity is in the East Ventura Basin in California, where it owns 100% of two oil fields, Tapia Canyon (heavy gravity oil) and Eureka Canyon (medium gravity oil), both of which have over twenty years of expected production life. In addition, Sefton has over 40,000 acres in the Forest City Basin of Eastern Kansas where Coal Bed Methane gas, as well as conventional oil and gas deposits, are targets.
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