An AIM listed Oil and Gas Exploration and Production Company whose near term tactical objective is to: “Build a strong stable platform of assets, generating sufficient cash flow to operate and grow the business.” seftonresources.com. Who We Are.
An AIM listed Oil and Gas Exploration and Production Company
whose near term tactical objective is to:
“Build a strong stable platform of assets, generating sufficient cash flow to operate and grow the business.”
Jeremy Delmar-MorganNon-executive Director; Chairman of the Board, Sefton
Over twenty-five years’ experience in the investment and brokerage community. Recently Chairman of Hitchens Harrison, Deputy Director of the Board of the London Symphony Orchestra and Director of a number of private companies. A member of Sefton’s compensation committee and Chairman of the audit committee.
Jim EllertonExecutive Director and CEO, Sefton
Thirty years’ experience in the development and evaluation of oil and gas prospects throughout the major basins of North America. Was one of the original founders of Sefton Resources.
Harry BarnumExecutive Director, Sefton; President, TEG USA, Inc.
Vice President of Operations and Engineering for Sefton, and the President of TEG Oil & Gas USA, Inc. Has more than twenty-five years’ industry experience and is responsible for the day-to-day operations of the Company’s California assets.
Bruce MackayExecutive Director, Sefton; President, TEG Mid-Continent
Vice President Legal, Land and Business Development for Sefton. Has more than thirty years’ industry experience and is responsible for the day-to-day operations of the Company’s Kansas assets.
Tony AshtonNon-executive Director
A trained Geologist with over forty-five years in the Oil and Gas industry. In 2001, retired as CEO and President of Canada Southern Petroleum LTD. A member of Sefton’s Audit Committee and Chairman of the compensation committee.
TEG USA operates in the Ventura Basin, North of Los Angeles.
Tapia Canyon Field is located in LA County.
Eureka Field is located in Ventura County.
PROTOTYPE FOR SUCESSFUL STEAM ENHANCED RECOVERY
Los Angeles County
TAPIA OIL FIELD - Los Angeles County, California
Location of Sefton Resources leases showing hilly topography
Town of CASTAIC, CA
The oil zone is under-reamed to 12” to 14” to allow for an effective filter pack.
Uniform gravel is pumped into the annular space between the screen and formation sand
A stainless steel wire-wrapped screen is placed in the oil productive well bore.
The gravel and screen allow the oil and gas to produce into the well while filtering out formation fines.
The well is drilled through the oil zone & casing pipe is cemented in place.
TAPIA OIL FIELD Typical gravel-pack filter screen completionas used on new oil wells
TAPIA OIL FIELD - Snow Lease WellsEnvironmentally conscious operations in Californiadevelopment from centralized pads minimizes surface impact
AREA OF MAPPED SHALLOW GAS
(To Be Used For Steam Source Fuel)
AREA OF HISTORICAL OIL PRODUCTION SHOWING DEPLETION
AREAS OF STRONG EXPLORATORY POTENTIAL
Phase 2 Infill Survey
PHASE 1 AREA NOT ENHANCED BY PHASE 2 SURVEY
Eureka Oil Field - Geochemical Survey1,500 Acre Sefton Leasehold Area
Contoured areas indicate Phase 2 positive hydrocarbon signature overlay on Phase 1 survey
The Forest City Basin and Eastern Kansas
Anderson County Land & Facilities Map
Major pipelines ▼
Acquired pipeline & facilities
Major Oil Fields ▼
PETROL WAVERLY ACQUISITIONTEG MidContinent acquired pipeline and a gas gathering/water disposal system, including 17 inactive wells and 2 salt water disposal wells
In addition, the acquisition provides sales outlet, a 10 mmcf per day processing facility and a “tap” into Quest’s pipeline which provides TEG MidContinent with access to major gas markets
“A net coal isopach of all significant coal seams indicates that thickness varies from 0 to 22 ft. in the Bourbon Arch area with an average of 9 ft. (Johnson, 2004).
Net coal thickness of the TEG MidContinent leases is 11 to 22 ft. in Anderson County, and 13 to 19 ft. in Franklin County”.
SCHEMATIC DIAGRAM OF CBM WELL COMPLETION
Successful operations in the Forest City Basin dictate that multi-zone completions be avoided.
Once wells are completed, properly designed infrastructure and low pressure gathering compression are critical.
All CBM wells will penetrate underlying Mississippian surface where a majority of conventional oil and gas fields are located.
provides gathering for third party gas, our own projects, and access to interstate
TEG MidContinent has executed a Letter of Intent to acquire the Vanguard Pipeline which consists of approximately 10 miles of 8” line, 10 miles of 4” line, and 6 miles of 3” line. The cost of the acquisition is $115.000.00
What’s Next for the Company
٠Improve investor relations
٠ Merger/acquisition (s) for additional growth/expansion
٠ Secure long term gas/water supplies
٠ Drill remaining wells/steam flood
Eureka٠ Surface geology to tie to geochemical survey
٠ Drill wildcat well(s)
Anderson (CBM and Conventional)
٠Complete pilot drilling program
٠ Mississippian geologic study
٠ Gas contract
٠ CBM/conventional oil and gas exploitation
Leavenworth (Conventional and CBM)
٠Complete Vanguard pipeline acquisition
٠ Test line/bring to active status
٠ Acquire additional land/workover existing wells
٠ Gas contracts/drill additional wells
٠ Transport third party gas