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Sefton - A tiny and very undervalued oil company

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QUINAN - Wed, 14 Dec 05 :

Morning all, well the web site has been updated its nice to se things progressing and we are at 200bopd or 6000bopm ether way its nice to know things are going according to plan. And as JDM said they have now refined the recovery process so in next month’s update we should see a slight rise.

So I make it so far

August they averaged 5800bopm @ an averaged of $55pb = $319,000

September they averaged 6400bopm @ an averaged of $55pb = $345,600

October they averaged 6300bopm @ an averaged of $55pb = $289,800

So November should be if JDM is right 6600bopm @ an averaged of $47pb=$310,200

And production up to the 14th of December 3080 @ an averaged of $48pb=$147,840

Grand total of $1,412,440 add to that the first six months production of $371,414

Total to date is about $1,783,854

Not bad if you ask me things are looking very good going into next year, last years Oil and gas sales Were $563,231, so this year we are 300% up



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