does anyone know anything about these guys?,there has been some buying and (a lot)of selling .i am trying to find something really really cheap to speculate without the fear of losing much if the worst happened.

thanks.
dexter.

Hi All, been in on this share now for quite some time. With the high prices of Oil Sefton should make a good profit. Breakeven on Sefton is around 80 barrels of oil per day so very low running costs. Oil gravity is medium to high and long life reserves... Due to location the company has suffered bush fires which distroyed a high percentage of Seftons assets. They company is now starting to get back on track, shares have really stared to fly too, a month and a half ago were trading for .20p to .25p and are very volitile. Sefton also was named by Bloomberg this morning as one of the top AIM risers...

Have held sefton for a while. Did you not see their interims. They are producing 200 bopd without SAGD which they are putting off using until Spring 2006 (Oilbarrel carried article the other day which was very informative).
They complete acquisition of gas company in Kansas on 21 September.

If you look at the ADVFN thread there is a lot written about SER and it is very positive although for a few months cash is a little tight because of production delays and I expect acquisition.

All in all this is an undervalued share where mm's are putting a big spread.

hopefully some good news coming with announcement about Gas and bigger oil find at tapia should get this better coverage and a better spread

Floopy - Good points raised, a share buy back also tighten the spread range. Agreed though the sp is undervalued however Sefton suffer from a lack of positive news which would attract futher investors.

Just found this production graph - makes your mouth water!

Nice one more info like this
See article 12/09/05 www.oil.barrel.com
With production established, and oil prices soaring.
Jim Ellerton, chairman and chief executive, said the past six months saw the company take a major stride forward in putting Sefton on a more solid financial footing. The company has just clocked monthly revenues of US$300,000.

News tomorrow?

Tomorrow.

Today?

Monday?

Friday?

This week?

Soon?

soon is 6 months min no steam or results til then .i haVe 1.3 mil of theses for the last 18months .once your in get traped bythe spred.trade d j kx dgo een hnr alk aey bp pci . in the same time frame .neVer got multybagers .nice profit

Just received this from Gary Dillabaugh - looks like there will be an update shortly - I like the bit about the Tapia production being "very good":

"
I am not at liberty to discuss the status of the Kansas acquisition at this time. There will be a press release shortly that will update this and the production at Tapia which has been very good. We will update the production information via press releases and will post production graphs quarterly on our web site.

Again, thank you for your interest in Sefton.

Regards,

Gary
"

Morning all, had to pop over the here as ADVFN is down again, well lets see how the MMs will play it today after yesterdays fiasco. Its a joke sometimes but they are in control of SER at the mo, we will move north once news is out in the next couple of weeks.

NICE NEWS

good they droped the gas inthe hills. they could drill some more oil thats where money is . toped up a bit must go up sometime .no more new ofices please

Lol nice one.

Typical cynical MM mark-down this morning - they must think we're stupid?

wherehaVe all the shares gone, lloyds wont let me haVe more than 37k 133 english pound .hows a person get anything for the weekend sir.