Placing of New Shares

22 September 2011

Sefton Resources, Inc.

("Sefton Resources" or the "Company")

Placing of New Shares

Sefton Resources (AIM: SER), the independent oil and gas exploitation and production company with interests in California and Kansas, is pleased to announce a share placing (the "Placing") of 70,000,000 new common shares of no par value in the capital of the Company ("New Common Shares") at a price of 2.0p per share.

The gross proceeds of the Placing of £ 1.4 million will be used partly to acquire all the assets of a gas production and transportation company in Leavenworth Country, Kansas. These assets include a pipeline, which will represent the Company's fourth such acquisition in the Forest City Basin in East Kansas, plus a number of existing wells where the new money will also fund a workover program to increase gas production substantially over the coming months.

In addition, part of the proceeds will be used to finance the drilling of new wells at the Tapia oil field in California which are expected to increase oil production significantly by year-end.

Jim Ellerton, Executive Chairman, commented today "This year, Sefton Resources set itself three key objectives - to increase production, increase reserves and gain cash flow from the Kansas based operations and I'm delighted to say that all three objectives are on course to be achieved".

We are now looking forward to the publication of Dr Farouq Ali's report in October which will give us a better understanding of the value of Sefton Resources' interests in Tapia Canyon Field, California, as well as a comprehensive plan to fully develop the field.

The additional New Common Shares will represent approximately 20 per cent. of the Company's enlarged issued share capital immediately following the Placing.

Application has been made for the additional New Common Shares to be admitted to trading on AIM. It is expected that Admission will be effective and that dealings in the shares will commence on 27 September 2011.

The New Common Shares will rank pari passu with the existing Common Shares. Sefton Resources will have 350,031,959 Common Shares in issue following the Placing.

For further information please visit www.seftonresources.com or contact:

About Sefton Resources:

Sefton Resources is an AIM-listed oil and gas exploration and production company. Its main area of activities 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, where coal bed methane, as well as conventional oil and gas deposits are targets.

About the gas production and transportation company in Leavenworth Country:

On 8 September 2011, the Company announced that a Letter of Intent had been signed to acquire a fourth pipeline plus current gas production associated with its wells and leases. Sefton Resources has executed a non-binding letter of intent, which will lead to a binding purchase and sale agreement, once due diligence is completed, to acquire essentially all of the assets of this gas production and transportation company in Leavenworth County. The Company is currently producing gas through its pipeline system into a limited capacity municipal gas system. The board will be working to complete this transaction over the next few months. If closed, this transaction will have the immediate benefit of adding wells, leases, gas production, reserves, cash flow and additional pipeline capacity to our existing pipeline infrastructure.