Sefton Resources Updates California Ops
October 8, 2012
Sefton Resources Inc. (AIM: SER) announces a production update on its operations in California.
A preliminary oil production estimate has been compiled for oil production in the month of September using operational data. This data indicates an estimate of 3,244 b/o produced or approximately 108 bo/d albeit this operational data will need to be adjusted for any shrinkage to oil quality specifications and water content. This compares to an average of 98 bo/d in August.
Water disposal issues continue to be the limiting factor in the company's production. Over the ...
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