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.

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.

LOL, looks like you're not the only one who had that problem - 5x37k buys or thereabouts in a row this afternoon. Where are all the shares indeed.

Afternoon all,

I take it you've all seen this by comments above. Shame the aquisation would have ramped up production. 200 bopd for 2 months is vast improvement on forecast and why theres not as many shares around. With winter coming and demand on oil about to increase the price should get pushed higher!

Sefton Resources Inc
27 October 2005


SEFTON RESOURCES,INC.

TRADING UPDATE

Sefton Resources,Inc. announces that its negotiations with Monument Resources,
for the acquisition of certain assets in East Kansas, have been terminated.
Although due diligence had been completed it was not possible to reach agreement
on certain details with respect to leases. In the circumstance Sefton has been
advised to withdraw from the original deal, but expects to continue to negotiate
the acquisition of acreage where existing leasinghas been successful.

The group also announces that oil and gas production is ahead of last years
levels. There have been two solid months of 200 barrels a day production from
the recent 5 well programme at Tapia. Based on the better than expected results,
management is analyzing the options available for additional drilling.

Commenting, Chairman and Chief Executive, Jim Ellerton said:
'It is disappointing that we were not able to complete our negotiations with
Monument, but our legal advice was that we should not continue and our first
consideration must be to protect shareholder interests. The group itself is in
good order and although capital expenditure has risen this year it is now
producing some very satisfactory results'.



This information is provided by RNS
The company news service from the London Stock Exchange

I actully preferred the infrastructure plan that Sefton was originally looking at, maybe next year they'll have enough money to put into action. My view is that Sefton should maximise production on its existing wells using steam assisted gravity drainage technlogy developed before the costly drilling of new wells.