Purchase and Sale Agreement of 14 wells in Kansas

Sefton Resources, Inc.

("Sefton" or the "Company")

25 September 2012

Purchase and Sale Agreement signed for 100% working interest in a lease with 14 wells in Kansas

Sefton Resources, Inc. (AIM: SER), the independent oil and gas exploitation and production company with interests in California and Kansas today announces an acquisition of a lease in Kansas.

Highlights

·; A Purchase and Sale Agreement has been signed for the acquisition of a 100% working interest in a lease with 14 well bores, surface equipment and water disposal facilities.

·; Acquisition is expected to close in October once title problems have been corrected.

·; Additional oil production data from California can be viewed on the Company's website.

Jim Ellerton, Chairman of the Board, commented that:

"The acquisition of this lease in Leavenworth County is expected to kick start the Company's oil production in Kansas. In our area of interest in Northeast Kansas, the oil produced comes with associated gas and water. Our pipeline infrastructure system is in the process of being connected to the Southern Star interstate system which will allow such associated gas to get to market. The water disposal facilities that come with this acquisition are extremely beneficial for Sefton and will expand our options for maximizing future oil and gas production.

Over the coming months, the news flow is expected to increase with the Company intending to announce a number of events including: the gas pipeline in Kansas becoming operational; oil production from Kansas; further lease acquisitions in Kansas; additional workover activity; drilling; improvement of surface facilities at Tapia; and, a report from Dr Ali on the application of a full field steamflood at Tapia. Year-end engineering reports will include these events."

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

Purchase and Sale Agreement

As foreshadowed in the Company's announcement of its interim results, Sefton's wholly-owned subsidiary TEG MidContinent has signed a binding Purchase and Sale Agreement to acquire a 100% working interest (86.25% net revenue interest) in a lease with 14 existing well bores and accompanying water disposal facilities in proximity to the LAGGS pipeline system. The well bores are not currently in production.

The acquisition is expected to close in October once title problems have been corrected. The lease is located in Leavenworth County in Northeast Kansas but the exact details are not being disclosed because of the potential to acquire the adjacent leases.

Sefton's plans for this lease are to upgrade the surface operations (pumps, tanks and flow lines) and, following a number of well recompletions, oil production is expected to commence. This lease also has the potential to be a future water flood candidate.

The cost of acquisition of the lease plus the necessary further expenditure required to upgrade the facilities has already been budgeted for in the Company's current capital expenditure programme and the necessary funds are in place.

The Board is also assessing two other similar projects in the vicinity of our pipelines where the leases have the potential to produce oil following a programme of surface facility refurbishment and well recompletions.

Northeast Kansas is the home of many oil and gas fields which were abandoned prematurely during 1990's due to low oil and gas prices and a lack of good reservoir management. Many of these fields have potentially significant volumes of remaining recoverable hydrocarbons. These fields are excellent targets for acquisition and conversion to economically producible fields after well workovers, recompletions and/or application of waterflood programmes.

Additional information on oil production in California

Additional oil production data for the Company's operations in California can now be viewed on the Company's website. This expands on the oil production information contained in the Company's unaudited interim statement dated 11 September 2012. The information on the Company's website contains new data in the form of all types of measurement used in oil field operation including monthly production and well downtime details consistent with what is published monthly on the State of California's Division of Oil Gas and Geothermal Resources ("DOGGR") website. In addition to providing insights into the factors that have affected production in recent months, the Chairman expands on Sefton's future expansion plans and the potential increase in production from implementing a full-field steam flood and expanding cyclic steaming and water treatment facilities.

About Sefton

Sefton Resources is an AIM-listed oil and gas exploration and production company with scope to grow within its 100%-owned and operated assets in the US. The business strategy is to acquire long life, controlling interests of partially developed reserves and add value using its own funds to develop and then maximise shareholder value through further development involving third party capital, farm-outs or mergers. Currently the Company has a market capitalisation of approximately £8 million.

Oil in California - In East Ventura, the Company owns 100% of two oil fields, Tapia Canyon (heavy gravity oil) and Eureka Canyon (medium gravity oil). Estimated 2011 year-end proved reserves stood at 3.8 million barrels. The near term focus is on Tapia Canyon where Sefton drilled additional wells in 4Q 2011, to increase production and continues to use cyclic steaming to further improve production and reserves. The Company has engaged Dr Farouq Ali to advise on a full steamflood development of the Tapia field and the report is expected shortly.

Pipeline systems in Kansas - Three pipelines have been acquired. The two pipelines in Leavenworth County (LAGGS and Vanguard) are being certified and the LAGGS pipeline is in the process of being connected to the Southern Star Interstate Pipeline system that will allow the Company to flow gas in due course. Following the completion of the Southern Star interconnect, the priority will be joining the LAGGS and the Vanguard pipelines thereby increasing equity and third party gas into the system. The third pipeline (Waverley) is in Anderson County where the plan is to test, fix and certify this pipeline ahead of negotiating contracts to connect to an interstate system once the LAGGS/Vanguard system is fully operational. This move is expected to provide additional redevelopment of oil, equity and third party gas opportunities.

Oil & Gas in Kansas - In Northeast Kansas, Sefton has over 45,000 acres in the Forest City Basin, where conventional oil and gas deposits have been targeted. The near-term focus for a planned well recompletion programme will principally see oil wells brought back into production with the objective of accelerating oil revenue while gas production will be processed through the LAGGS-Vanguard pipeline system as additional gas wells are accumulated. The leasing programme is also being accelerated with the plan to double the Company's acreage holdings in Kansas.