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Sefton - A tiny and very undervalued oil company

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moonshine1 - Wed, 21 Dec 05 :

Rebtif10, JDM did mention Monument; they are still looking at the problems with the titles, but he is relaxed about whether the deal (or some part of it) goes through with Monument or not. Sefton have 2,000 acres already leased, and this area is studded with wells that were originally drilled in search for oil. These have been capped, but Sefton can rework them for CBM. The main benefit of the Monument purchase was the infrastructure, but apparently there is another pipe infrastructure that they will be able to link in to.

We didn't talk about Canada at all, I'm afraid. My research into that area is limited, so I didn't know the questions to ask.


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