Executive Summary
Sefton Resources, Inc. is in the business of oil and gas production through wholly owned subsidiaries, TEG Oil & Gas USA Inc., TEG Mid-Continent Inc., and TEG Oil & Gas Canada Inc. Administrative offices are in Denver, Colorado. Main core area of activity is the East Ventura Basin in California, in which Sefton owns 100% of two oil fields; Tapia Canyon (heavy oil) and Eureka Canyon (medium gravity oil), both of which have over twenty years of expected production life. In addition Sefton has over 20,000 acreas in the Forest Basin of Eastern Kansas producing Coal Bed Methane gas, as well as having convential oil and gas deposits.
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