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EPIC: SER
Market: AIM
52-week High/Low: 0.09p / 0.02p
Sector: Energy
Market Cap: 0.96M
Phone: +44 (0)207 872 5570
Address: 1 Northumberland Avenue, Trafalgar Square, London WC2N 5BW.
Website: www.seftonresources.com
Sefton Resources, Inc.

Sefton Resources, Inc.

The Company has identified a balanced portfolio of onshore exploration, development and producing assets in Indonesia that will be investigated under the Development Agreement. These assets are currently producing c.250 boepd, and the Board believes that they have the potential to produce up to 1,000 boepd within 12 months if developed appropriately.

The Board believes that the Company is ideally placed to secure the identified assets and maximise their production potential under the terms of the Development Agreement.  Jossy Rachmantio's in-country expertise, Raylene Whitford's experience in the development and implementation of operational excellence programmes for underperforming assets, Rob Shepherd's transactional experience and network of funders, as well as the backing of a network of financial, legal and technical advisors who will be engaged by UTAS gives the Board comfort that this venture presents the best avenue possible to help grow the business.

Sefton Resources, Inc.

www.seftonresources.com

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Sefton Resources, Inc. Timeline

Newswire
September 27 2013

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