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1 Nov 2011 13:26
1 November 2011
Sefton Resources, Inc.
("Sefton Resources" or the "Company")
Update on Steam Flood Modelling Study
Sefton Resources (AIM: SER), the independent oil and gas exploitation and production company with interests in California and Kansas, announced on 8 September 2011, that it expected to announce the findings of a report being conducted by Dr Farouk Ali on the steam flood modelling and design for the Tapia oil field in California during October.
Owing to the complexity of the geological modelling which is being used, the findings of this report are taking longer than expected and it is now planned that the preliminary results will be announced within the next few weeks with a fuller account being made thereafter.
For further information please visit www.seftonresources.com or contact:
John James Ellerton, Executive Chairman | Tel: 001 (303) 759 2700 |
Karl Arleth, CEO and President | Tel 001 (303) 759 2700 |
Dr Michael Green, Investor Relations | Tel: 0207 448 5111 |
Louis Castro / Rod Venables, Northland Capital Partners Limited (Nominated Adviser) Charles Vaughan, Northland Capital Partners Limited (Corporate Broking) | Tel: 020 7796 8800
Tel: 020 7796 8800 |
Neil Badger, Dowgate Capital Stockbrokers (Broker) | Tel: 01293 517744 |
Alex Walters, Cadogan PR | Tel: 07771 713608 |
About Sefton Resources:
Sefton Resources is an AIM-listed oil and gas exploration and production company. Its main area of activities are the East Ventura Basin of California, where it owns 100% of two oil fields, Tapia Canyon (heavy gravity oil) and Eureka Canyon (medium gravity oil), and East Kansas with over 45,000 acres in the Forest City Basin, where coal bed methane, as well as conventional oil and gas deposits are targets.
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