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Appointment of CFO and Initiation of Research

12th Apr 2012 07:00

RNS Number : 1694B
Sefton Resources Inc
12 April 2012
 

12 April 2012

Sefton Resources, Inc.

("Sefton Resources" or the "Company")

 

Appointment of Chief Financial Officer

Audited Accounts available on Website

Details of AGM

And

Investment Research published

 

Sefton Resources (AIM:SER), the independent oil and gas exploitation and production company with interests in California and Kansas, is pleased to announce the appointment of Bill Brand (56) as Chief Financial Officer with immediate effect.

 

Bill Brand has acted as a Financial Consultant to Sefton Resources since August 2011. He has over 20 years' experience in the oil and gas industry, having started with Monsanto Oil Company and then its successor BHP Petroleum Americas. He was in several domestic and international senior accounting and planning positions from 1982 through 1994, in Denver Colorado and Houston Texas. In addition, he has had experience in senior accounting and planning positions with several start-up oil and gas companies in Denver Colorado, including HR Energy, PetroHunter Energy, Galaxy Energy, Teton Energy, and PRB Energy. Bill also has experience in the international telecommunications industry with US West and then Media One, and in manufacturing and distribution with Monsanto Company in St. Louis Missouri and Orica USA in Denver Colorado. Bill holds an undergraduate degree and an MBA from Southern Illinois University and is a CPA, inactive, State of Texas. The role of Chief Financial Officer will not be a Board position.

 

In accordance with its articles of association and the electronic communication to shareholders provisions of the AIM Rules the Company audited accounts for the year to 31 December 2011 are now available on the Company website and can be viewed at www.seftonresources.com 

 

The Company will hold its Annual General Meeting on Thursday 14th June at 10:00am at the offices of Chantrey Vellacott DFK, Russell Square House, 10/12 Russell Square, London WC1B 5LF.

 

Edison Investment Research has today initiated research coverage on Sefton Resources and the report can be downloaded from www.edisoninvestmentresearch.co.uk

 

The April edition of the Company's bi-monthly newsletter has now been published and this can also be viewed on the Company website.

 

For further information please visit www.seftonresources.comor contact:

 

John James Ellerton, Chairman of the Board

Tel: 001 (303) 759 2700

Karl Arleth, CEO and President

Tel: 001 (303) 759 2700

Dr Michael Green, Investor Relations

Tel: 0207 448 5111

Louis Castro, Northland Capital Partners Limited (Nomad)

Tel: 0207 796 8800

Neil Badger, Dowgate Capital Stockbrokers (Broker)

Tel: 01293 517744

Alex Walters, Cadogan PR

Tel: 07771 713608

 

About Sefton

Sefton Resources is an AIM-listed oil and gas exploration and production company. Its main areas of activity are the East Ventura Basin of California, where it owns 100% of two oil fields, Tapia Canyon (heavy gravity oil) and Eureka Canyon (medium gravity oil), and East Kansas with over 45,000 acres in the Forest City Basin in addition to three pipeline/gas gathering systems, where coal bed methane, as well as conventional oil and gas deposits are targets.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCUARBRUKASAAR

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