9.25 to buy

Be nice to hold that 11% at the end.

I think we can safely say we have broken though a price range.

Nice bit of volume already today.

Will SER catch SEY? It's looking good.
2517

Eureka!

doing better than my BRR shares at the mo too :-(

Haven't they been busy, flow rates to be quantified yet, but looks encouraging from the little I know.
2517

I think Sefton may have finally figured out when to release RNS's now. Great timing and great news....

SEFTON RESOURCES

OPERATIONS UPDATE

Sefton Resources Inc., the AIM listed oil and gas production company with assets
in California and Kansas, announces an update through its wholly owned
subsidiary TEG Oil and Gas USA Inc. (TEG USA) regarding the Tapia 2008 Q1
Drilling and Pilot Steam Programme.

Q1 Drilling Programme Wells
TEG USA has completed the on-site facilities infrastructure for the four new
wells drilled in February/March, 2008. This includes permitting the new
electrical service for the well pumps, installing downhole pumps and surface
pumping units, running new oil flowlines and casing gas flowlines, installing
two new meter runs and manifolds, and installing all onsite electrical control
boxes, subsurface conduits and motors. The Lackie A-4 well hookup was able to
utilize electrical service formally used by the shut-in Lackie A-1 well. All
work is complete on this well, the pump is running and the well is producing
oil. TEG USA will report initial production rates once the optimum pump rate is
established and oil rates have stabilized.

The final item to complete on the three Snow wells is in the hands of the
electrical utility company, Southern California Edison, who still needs to hook
up the inspected electrical infrastructure to the grid. The Snow wells will be
turned on as soon as Edison supplies the power to this new electrical service
panel for this lease. TEG USA has been given an estimated date of Wednesday,
April 23, 2008, for this hookup by Edison.

All wells will now go on full time and the Directors expect a corresponding
upswing in production levels from this point on, as well as no such delays in
the future.

Yule #7 Well - Cyclic Steaming Pilot
The one-week steam and two-week soak cycles have now been completed on the Yule
#7 well. The steam packer was pulled from the well and a temperature survey run.
The temperature survey was encouraging, indicating that after the initial
two-week soak period, the temperature across the Yule sand was at 403 F. Primary
steam injection temperatures were approximately 485 F. It appears that the
steaming has transferred a considerable amount of heat energy downhole since we
have observed only an 80 F drop in temperature over two weeks time. TEG USA
therefore increased the Yule #7 soak time to three weeks prior to installing the
production equipment, so that the heat energy could better dissipate into the
oil reservoir.

The Yule #7 well is now on production. TEG USA expects to produce only water
from the well for a few weeks until the injected steam (water) is produced back
and the relative permeability equilibrates in favour of oil production. The
gross fluid production rates, oil/water cuts, dynamic fluid level, and flowing
temperature will all be monitored during this time to learn more about the
specific parameters unique to this reservoir. These data will be used to refine
the steaming operation for the future.

The steam injection packer has been sent to Halliburton in Bakersfield to be
re-worked and prepared for installation in the Yule #10 well shortly. The Yule #
10 well will be steamed for a period of 14 days using lease gas from the Snow #1
well to fire the steam generator. The soak period was originally programmed for
21 days, however this may be modified pending the results at Yule #7. The
natural gas burner jet module has been reinstalled and reconfigured in the
boiler unit, replacing the propane module. Additionally, the high pressure pump
has been serviced and the water softening units have been upgraded to handle
higher hard-water supply rates. We will begin steaming the Yule #10 once the
redressed Halliburton steam packer is available. This is expected early in the
week of April 28, 2008

Production Levels
Tying in the new well facilities, adding injection facilities and Hartje Lease
tank work disrupted the production stream during the month of February and part
of March. Field personnel were forced to temporarily shut some wells in for
about one-third of the time during this period. All wells are now on full-time
and we expect a corresponding upswing to normal production levels from this
point on.

Other news

On April 18, 2008, TEG Oil & Gas USA, Inc. ("TEG USA"), was informed by Global
Signal Acquisitions IV LLC ("Global") that they had executed the Letter
Agreement negotiated with TEG USA, whereby Global would acquire from TEG a
perpetual easement on the land currently utilized by Global for its cellular
tower located immediately south of TEG's Tapia oil field but within its fee
property boundaries. Upon execution of a mutually acceptable Grant of Easement,
TEG will receive a purchase price of Three Hundred Seventy Five Thousand Dollars
($375,000.00). This transaction should close on or before Nov. 1, 2008. The
easement will utilize existing oil lease roads and therefore TEG does not
foresee the Grant of Easement as interfering with its existing oil and gas
operations. The Directors believe that consummating this transaction will
maximize surface land use.

The website re-construction is nearly complete and will be available shortly at
www.seftonresources.com.

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

Note: The information in this release has been compiled and reviewed by Harry
Barnum, a director of Sefton, who is a qualified person for the purposes of the
AIM Guidance Note for Mining, Oil and Gas Companies. Mr. Barnum has Bachelors
and Masters Degrees in Geology and over 20 years of experience in the oil and
gas industry. He is a registered professional geologist in the State of
California.

Sefton Resources is an AIM listed oil and gas production company. Its main core
area 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 (medium
gravity 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 Eastern
Kansas where Coal Bed Methane gas, as well as conventional oil and gas deposits,
are targets.

Nice update highlights taken from the other side and the RNS onward and upward as they say.

TEG USA has completed the on-site facilities infrastructure for the four new
wells drilled in February/March, 2008.

The Lackie A-4 is producing oil.

The Yule #7 well is now on production.

All wells are now on full-time and we expect a corresponding upswing to normal production levels from this point on.

The Yule # 10 well will be steamed for a period of 14 days using lease gas from the Snow #1 well to fire the steam generator.

Steaming has transferred a considerable amount of heat energy downhole since we
have observed only an 80 F drop in temperature over two weeks time.

$375K cash from another company for something they werent utilising them selves.

Interesting heavy oil Manual from Halliburton while we are waiting.

http://www.halliburton.com/public/common/Brochures/H06153.pdf

Very reassuring to see the profit taking being taken up by more buy orders.

Yes looks like all the sell on news brigade have all gone, a nice buying opp before flow rates and the presentation.

Wish it would drop a bit more though - come on sellers!

wish i had taken some profit y/day and reinvested today
aint hindsight wonderful

robertalexander
It's to late to trade this share now the news is all to come we could have seen flow rate this morning and a 25% rise in sp.

Nice to see us on the move again after a small off yesterday, for many long termer's the patience will pay off
With the price of oil at record highs it will be interesting to see the results when they come out

From Oilbarrel.com Nothing new but nice update to the uninformed.

01.05.2008

Sefton Resources Gives Operations Update On Its Four New Tapia Canyon Wells
We noted before how London AIM-quoted Sefton Resources has had its fair share of troubles in developing its Tapia Canyon heavy oilfield in California. There were bush fires, torrential rains, equipment shortages and legal battles to contend with for most of 2006 and 2007. The field was discovered back in 1957 but low oil prices meant the 18 degree API crude was deemed uneconomic to exploit and the field was neglected. After a number of setbacks, for the reasons outlined, with new technology and strong prices the companys luck turned late in 2007 when the company drilled two new wells that helped boost output to 200 barrels a day giving gross cash flow of around US$500,000.

This cash helped Sefton to keep going, and in February and March 2008 Sefton continued the momentum with a four well programme designed to extend the limits of the field to the east and west. We now have an operations update on the programme. These new wells were expected to encounter a thickened section of Yule oil sand reservoir, which is mapped at more than 120 feet thick in places. Each of the four step-out wells have come good. Yule reservoir to the west (the three Snow wells of which Snow 3 was a notable success finding 142 feet of oil zone and to the east the Lackie-A-4 well which found the smallest section at 92 feet).

The wells also found gas bearing sandstones, about 20 feet thick, at a depth of 800 feet. In the Snow area these results verify and expand earlier volumetric mapping of the gas sands, which were tested back in 2003 when the Snow-1 well flowed over 1-2 million cubic feet per day. The gas identified in the Lackie-A-4 well was a surprise as no gas sands had previously been mapped east of the Hartje-2 well which lies 700 feet to the west. This result could add to the natural gas reserves tally of Tapia Canyon which is about 40 miles north of LA.

For the moment all interest will probably be on the oil. In its operations update the company has said it has finished the on site facilities infrastructure for the four new wells. This includes permitting the new electrical service of the well pumps, installing downhole pumps and surface pumping units, running new oil flowlines and casing gas flowlines, installing new downhole pumps and surface pumping units, installing two new meter runs and manifolds, and installing all onsite electrical control boxes, subsurface conduits and motors.

All wells will now go on full time and the directors expect a corresponding upswing in production levels from this point on, as well as no delays in the future. The company has yet to quantify what this upswing will, so watch this space.

Meanwhile there has been further good news in that the pilot steam test, which could significantly increase production by flushing out heavy crude, seems to be going well. A Huff and puff by a previous operator on the Yule-5 well saw production increase from 10 bpd to 30 bpd. We now learn that the one week steam and two week soak cycles have been completed on the Yule-7 well. The temperature survey was encouraging indicating that after a two week soak period, the temperature across the Yule sand was at 403F. Primary steam injection temperatures were approximately 485 F. Sefton extended the Yule to keep temperatures up and it appears that steaming transferred a considerable amount of heat energy downhole, and this energy dissipated into the oil reservoir. Yule 7 is now on production. Again we do not know how much production, but it is interesting that after a refit the equipment package will be moved to the Yule 10 well. Further news of the scheme will be doubtless be eagerly awaited.

Hardman MAY 08

SEFTON RESOURCES Sefton has released an operational update regarding the Q1 2008 drilling and pilot steaming programmes at Tapia Field.

On-site facilities for the four new-drill wells have been completed.

The company was awaiting electrical hook-up of wells on the Snow lease and intends to report on initial production rates once pump rates have been optimised and oil production rates have stabilized.

The announcement on the huff and puff steaming is very encouraging with the
soak cycles on the Yule #7 well appearing to transfer significant heat energy
down hole. This of course is the whole point of the exercise as the huff and
puff method enhances oil production by reducing the down-hole viscosity of the oil phase at an increased reservoir temperature.

Yule #7 is back on production and with a high initial water-cut as expected
as the condensed steam slug is produced back out of the
well. The next few weeks should establish a baseline for higher post-steaming oil production compared to the previous cold production rates. The well is being monitored to generate a new model to refine ongoing steaming operations.

The Yule #10 well will be steamed next, probably for 14 days, using lease gas
from the Snow #1 well to fire the steam generator.

The soak period was originally programmed for 21 days, but on the back of
the thermal transfer rates seen at Yule #7 this may be unnecessary.

Tying in the new wells, adding injection facilities and work on the Hartje Lease tank disrupted the production but with this work now completed,
Sefton expects an upswing to normal production levels.

The new wells will increase production going forward and we are encouraged by
the steaming results to date.

did they give any kind of SP estimate with that report? It'd be interesting to know where they think this share should be price wise.