News and Press Releases

Director Shareholdings

October 15, 2008

The Company was yesterday informed that Mr. John James (Jim) Ellerton, Chief Executive of the Company, had yesterday purchased 742,908 units of common stock of no par value in the Company ('Common Stock') at a price of 4p per unit, taking his total holding in the Company to 5,523,152 units of Common Stock representing approximately 4.75 per cent. of the Company’s issued Common Stock. These interests include a holding of 234,666 units of Common Stock registered in the name of J Ellerton Consultants Inc., Jim Ellerton’s wholly owned service company.

The interests of the other Directors in the Company’s issued Common Stock are as follows:

  Units of Common Stock % issued
Jeremy Delmar-Morgan *5,832,490 5.01
Harry Barnum 380,955 0.33
Robert Mackay 211,720 0.18
Anthony Ashton **1,272,132 1.09


* including 1,052,313 registered in the name of his wife, Mary-Elaine Delmar-Morgan and 766,666 held as depository interests through Pershing Nominees Ltd a/c HHCLT

** including 111,200 registered in the name of his wife, Patricia AshtonPershing Nominees Ltd a/c HHCLT

Enquiries:

Jeremy Delmar-Morgan, Chairman, Tel: 077 8900 4874
John James (Jim) Ellerton, CEO, Tel: 00 1 303 759 2700
David Millham, Investor Relations, Tel: 078 5094 9324
Peter Trevelyan-Clark/Nick Harriss/Wye-Li Long, Blomfield Corporate Finance Ltd, Tel: 020 7489 4500

Sefton Resources is an AIM listed oil and gas production company. Its main core area of activity is in the East Ventura Basin in California, where it owns 100% of two oil fields, Tapia Canyon (heavy gravity oil) and Eureka Canyon (medium gravity oil), both of which have over twenty years of expected production life. In addition, Sefton has over 40,000 acres in the Forest City Basin of Eastern Kansas where Coal Bed Methane gas, as well as conventional oil and gas deposits, are targets.