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sefton resources inc (SER) Snapshot

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52 Week High
06/30/14 - 0.34 GBp
52 Week Low
01/7/15 - 0.05 GBp
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sefton resources inc (SER) Details

Sefton Resources, Inc., through its subsidiaries, primarily explores for, develops, and produces oil and natural gas in California and Kansas. It also gathers and transports natural gas in the Continental United States. The company principally owns a 100% interest in the Tapia Canyon heavy gravity oil and Eureka Canyon medium gravity oil fields located in the East Ventura Basin in California. It also owns 100% interest in three oil and gas transmission pipelines located in Kansas, as well as owns oil, gas, and coal bed methane prospects in the Forest City Basin of Eastern Kansas. The company was founded in 1994 and is based in Denver, Colorado.

13 Employees
Last Reported Date: 06/30/14
Founded in 1994

sefton resources inc (SER) Top Compensated Officers

Total Annual Compensation: $268.0K
Compensation as of Fiscal Year 2013.

sefton resources inc (SER) Key Developments

Sefton Resources Inc. Appoints Daniel Levi as Executive Director, Effect from February 3, 2015

Sefton Resources Inc. announced that Daniel Levi will join the Board as an Executive Director with effect from February 3, 2015. This is expected to be an interim role, with Mr. Levi leading efforts to identify a new strategy for the Company, recruit a new team to implement this strategy and work on the next stage of the turnaround of the company.

Sefton Resources Inc. Provides Earnings Guidance for the Six Months Ended December 31, 2014

Sefton Resources Inc. provides earnings guidance for the six months ended December 31, 2014. Following a preliminary assessment of the financial results for half year 2015, the Group's turnover for half year 2015 is expected to remain relatively stable compared to the previous corresponding period. However, the Group is expected to report a loss before taxation for half year 2015 compared to a profit before taxation for half year 2014. The above is mainly attributable to lower gross margin for existing precision machined component products as well as the Group continuing to incur significant costs for the qualification and development process of new precision machined component projects which encountered delays in the commencement of mass production ramp up in half year 2015.

Sefton Resources Inc., Special/Extraordinary Shareholders Meeting, Jan 30, 2015

Sefton Resources Inc., Special/Extraordinary Shareholders Meeting, Jan 30, 2015., at 17:00 GMT Standard Time. Location: The company's office. Agenda: To consider that the company entered into share purchase agreement with Hawker Energy, Inc. (Hawker) whereby Hawker will acquire 100% of the shares of TEG USA Inc.; and to consider other issues.


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