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Sefton - A tiny and very undervalued oil company

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English Bigblls - Sat, 17 Dec 05 :

goody15,

As far as I know, some form of steam stimulation (probably cyclic) is still on for early 2006, but they have hinted that due to the better than expected results they are seeing from Tapia, they may instead drill some more conventional wells first to build up their financial strength further, and so as not to disturb the current wells, that are doing so well.

Jeremy Delmar-Morgan mentioned to Rebtif that certain developments had been decided on at a recent meeting, so hopefully we'll get an update on their plans shortly.


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