This stock looks like the most undervalued oil company on the stock exchange. >
Sefton Resources epic SER. It is currently trading at a price of 0.275p valueing the whole company at just 4M.

You might look at the market cap and assume that this company is just an explorer or a shell, but in fact Sefton is producing over 6000 barrels of oil per month with a monthly revenue of over $300k. It's recent work on it's Tapia oilfield exceeded expectations, meaning the company hit it's 200BOPD target 5 months early, and is now expecting resource and production estimates to be further upgraded. This is before it embarks on a steam-assisted programme early next year which
could see production rates multiplied 2-4 times! It is also looking at drilling further wells on the rich Tapia field in the light of the better than expected results.

So why is it only valued at 4M? The primary reason is lack of awareness of the stock, the sub-1p price puts many people off straight away, and a large overhang.

A year or so ago the company was put in financial dire straits by a
well blowout and had to undertake large discounted placings to get
itself back on track, which it has done with a vengeance. However,
some of these placing shares, which represent some 25% of the company
are being sold into the market, depressing the price so that despite the fact that the companies prospects have improved dramatically over
the past year, the price has dropped by nearly 60%.

This makes the company an absolute bargain at these rock-bottom prices. In 6 months time I expect this to be worth 3-5 times the current price. SERIOUSLY.

There is plenty of research to get your teeth into, the best place to start is the website :

www.seftonresources.com

There are 2 excellent articles on Sefton on the following website by Ian Mclelland (Jan/Feb 2006) - well worth a read to get up to speed on this company and it's prospects:

www.proactiveinvestors.com

we lost Volume on friday,bids still aboVe .6 but may start sliping back to .5 as it can be a bit nerVy waiting for share consolidation.i think all news will be at agm not before.it should all be good news albeit later than origanaly forcast for oil production increase.still there best year eVer,in profit turnoVer should double for 07. holding may top up if we haVe good dip.

Sefton Resources Inc
03 July 2006



Sefton Resources, Inc.
('Sefton Resources' or the 'Company')

Sefton Resources is pleased to announce that on 30 June 2006 it signed an
agreement to sell its subsidiary, TEG Oil & Gas Canada, Inc ('TEG Canada') to
Mark R Smith, with closing scheduled for later this week. This is further to the
statement contained in the announcement of the Company's final results on 14
June 2006 that it was in discussions to sell TEG Canada.

With the Company's focus increasingly on its California oil fields and Eastern
Kansas coal bed methane fields, the Board believes that TEG Canada is no longer
strategically important to the group and, as announced on 21 February 2006, that
better value would be generated by seeking to dispose of it (having first made
it a wholly owned subsidiary). For the year ending 31 December 2005, TEG Canada
made a loss of CDN$145,792. As at 31 December 2005, the value of the assets of
TEG Canada was CDN$1,766,025. However prior to the signing of the sale
agreement, there was a restructuring such that only the Canadian assets of TEG
Canada, valued at CDN$531,455, now remain in that company.

The consideration of US$450,000 is to be satisfied in cash, but the amount is
subject to upward or downward adjustment dependent on, inter alia, the amount of
working capital of TEG Canada on 1 May 2006 (which is to be calculated, as
agreed between the parties). The Company plans to use the proceeds of the
disposal to further develop its Eastern Kansas assets.

For further information, contact:

John James (Jim) Ellerton, Chairman & CEO Tel: 00 1 303 759 2700

Jeremy Delmar-Morgan, Director Tel: 020 8748 4066

David Millham, Investor Relations Tel: 020 7796 9999




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

theres news i got that no news of my last post wrong,400k dollers should be enough for a couple of new wells. Volume building again,any more oils out there in profit for under 1p.

spread narrowing .68 bid someone looking for stock,and geting it ,profit taking from the 100% gainers.i may haVe a top slice if we get to 2p. for tax bill and new kitchen.

Amities mes potes / Matins ---Charts seem to suggest we have entered new trading parameters ; with tremendous support @ between 0.46/47 and current resistance @ 0.70 .. And how long will that last ? . ..As for 2p ? l agree. Top slice. ,,,,,,,,,,, Mac ,/, l know exactly what you mean but not all share consolidations are crap .Of recent times EEN come to mind .As does Chelfords . Also the whole show depends on whether your trading or investing as Explosive points out ................................................................................................................................................................................................Personally im quite happy to support them while they have producing OIL as collateral ! . And the price of oil is staying put @ $70/80 ......... .. MUch as i hate bottle wash drilling and steam assisted processes there can be exceptional cases ; and what with one SER well producing a mere 30b/pd this is as near a case you will get for justification of this type of destructive drilling .....BUT be warned !! ln employing that process SERs production COULD milk every last drop from this well but in doing so COULD reduce its lifespan by 60% and destroy its infrastructure . .,. ....lf the s/p was in excess of 1 to 1.5 p share consolidation would show would allow expansion .. Can people please tell me why they are against it ? . ln saying that id prefer an institutional placing @ 1p lol ....................@+ J

i have faith in this stock, did top slice[see earlier entry] but have now topped up again at 0.62p this will,IMHO, see the right side of 1p in the near future.
if it makes 2p then i too will being grabbing the money and running.
WDIK, DYOR etc.
Alex
Ps whenever i get into a stock the SP drops so give it a few min and they should be cheaper:-)

robert, you were right, the sp did drop :-) Hope everyone who correctly predicted it would managed to get a few extra before it went back up again. At the end of trading plus 1 hour, it looked to me like there were 6.8M buys against 7.9M sells. Not much of a difference, especially if you consider it by mid price, just @ 6,600. Not worth dropping the market cap of the company by nearly 8%.

In view of this, I think maybe the MMs were trying to get shares back off T10'ers on the cheap, and hopefully when they have soaked them up we will rise towards the AGM next Monday, and hopefully an accompanying rns containing a trading statement at least. All IMHO, of course, and WDIK. DYOR.

Oh, and as an aside, a poster on ADVFN, Quinan, was apparently phoned late this afternoon by Square Mile offering an AIM stock which they reckoned was a good buy/long term hold. It was SER.

Don't get too previous cellby 2p do us a favour? I bought in last week 1m.at .07 although already showing small loss it was expected.Don't ramp just yet lets all just settle in first!.

boxerdog. did say if we get to 2p, i been in these for 3years nealy,so its been a Very long ramp,just turned down 1p.they say going to drill couple more wells this year,thats 7 could be 260 bopd at 55 doller x350 days=5million turn oVer,with around 3 million pre tax profit.thats got to be worth 2p,i haVe been giVing these the ramp since .25 so hope afew out there haVe diped in and out if they want,with there profits thats the game we play enjoy.

boxerdog. did say if we get to 2p, i been in these for 3years nealy,so its been a Very long ramp,just turned down 1p.they say going to drill couple more wells this year,thats 7 could be 260 bopd at 55 doller x350 days=5million turn oVer,with around 3 million pre tax profit.thats got to be worth 2p,i haVe been giVing these the ramp since .25 so hope afew out there haVe diped in and out if they want,with there profits thats the game we play enjoy.

And after the consolidation Cellby the game will be up, no more buys at .25 and quick gainers....... I forget how long I been in these now 3-4 years I would have thought, lets not also forget the steam project which could well do alot more than '7' new wells.

Boxerdog, welcome on board SER, hope you settle in quickly and don't put down roots as many on this thread have done.

i hope we will haVe confidence from new buyers after consolidation,i think its to early and would haVe liked to see more production and profits to boost confidence.they may also be looking for more money by share placeing causing share dilution.

Up 10% keep going nearly back in the black.

if the motion to consolidate is passed at the AGM[monday i believe] any idea of when consolidation might take place?

robertalexander
I think the decision has to be taken first before the date, anyway I have no problem with consolidation it can be very good for the sp just take a look at DNX.

I understand that if the resolution is passed, consolidation will be 'immediate'. I don't know if that means it can occur during the trading day, or will happen on Monday night.

Has anyone herd anything about SER as the price is all over place

Tree shake on the consolidation news I see no reason we knew it was coming.

Consolidation is good news i have topped up @ 59. maybe it is not good news for short term traders. Have they got the consolidation right ? i don't know , what say you '' J ''.

when r there ganno consoladate?is it a good idea to top up before,any thoughts any one