SER.L Regulatory News (SER)

28 Feb 2008 07:00

Sefton Resources Inc28 February 2008 Sefton Resources, Inc. Drilling at Tapia Sefton Resources Inc. the AIM listed oil and gas production company with assetsin California and Kansas, announces that its wholly own subsidiary TEG Oil andGas, Inc (TEG) has completed its drilling of three wells on the Snow lease atTapia. The rig has now moved to drill Lackie #A-4, which is at the east end ofthe field. A production rig is expected to arrive on the Snow lease within the next 10 daysand the company will report in about two weeks after its arrival on productionvolumes. The initial logs appear to be similar to other logs in the Tapia field. 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: 020 7796 9999 Nicola Marrin, Seymour Pierce Ltd. Tel: 020 7107 8000 Sefton Resources is an AIM listed oil and gas production company. Its main corearea 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 (mediumgravity 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 EasternKansas where Coal Bed Methane gas, as well as conventional oil and gas deposits,are targets This information is provided by RNS The company news service from the London Stock Exchange