Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/sefton-resources-declares-california-oil-productio.shtmlSefton Resources declares California oil production and thermal stimulation
Sefton Resources provides an update on oil production from California
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Sefton Resources provides an update on oil production from California and the thermal stimulation report of the Tapia Canyon oil field.
Jim Ellerton, Chairman of the Board said,"The board believes that 2013 will prove to be a successful year for Sefton. This is a year when many separate value creating initiatives at our 100%-owned oil and gas projects in both California and Kansas have been scheduled to come to fruition.
California oil production in December 2012 continued the improving trend witnessed over recent months as the Company begins to see the benefits of the acidisation and steaming of the Yule wells ahead of the resolution of the water disposal issues. We look forward to the completion of the thermal stimulation report on Tapia and absorbing the results of this detailed analysis to plan the future development of this field.
