Sefton Resources, the independent oil and gas exploitation and production company with interests in California and Kansas, provided an update on its operations.

Highlights

Oil & Gas in Kansas •Pipeline system on schedule to flow first gas in the summer •LAGGS sales line has been completed •40-50 oil & gas wellbores for the recompletion program have been leased, in the process of being leased or being acquired •Discussions continue with potential suppliers of third party gas •Sales agent has been appointed to market gas •Exploration program is underway

Oil in California •Remedial work by workover rig has already allowed oil production to increase to 142 bopd with as much as 220 bopd recorded in recent days •Four more well workovers expected to lead to a further increase in production •Cyclic steaming ongoing with the Yule #5 well showing a 200 percent improvement in production post-steaming •Dr. Farouq Ali's full field steam flood report on schedule to be received by the Company in June

Tags: Sefton Resources