Serica Energy secures rig for 30kbpd UK drilling programme
2nd Nov 2026 08:12
(Sharecast News) - Serica Energy announced on Monday that it has signed a contract for a drilling rig to support a multi-well programme in the UK North Sea, targeting up to 30,000 barrels of oil equivalent per day (boepd) of incremental production.
Read moreSefton Resources moves to fight bankruptcy case
28th Aug 2015 08:53
(ShareCast News) - US oil and gas company Sefton Resources has moved to fight a bankruptcy claim brought by a former board member, and claimed the action was brought in bad faith. The company has filed an application to dismiss the bankruptcy application brought by former executive chairman James El
Read moreSefton Resources hit by US bankruptcy court claim
10th Jul 2015 08:29
Shares in Sefton Resources tumbled after it emerged that former executive chairman James Ellerton had tried to force the company into bankruptcy proceedings. Ellerton filed an Involuntary Petition under Chapter 7 of the US Bankruptcy Code in the US Bankruptcy Court for the District of Colorado in wh
Read moreSefton Resources updates on litigation with former chairman
11th Jun 2015 11:15
Investors in Sefton Resources on Thursday welcomed the news that it has removed the recent legal action brought by its former chairman to Federal Court in Colorado, meaning the State Court no longer has jurisdiction to preside over the case. Jim Ellerton has made claims against the company, two of i
Read moreSefton Resources reveals it is unable to repay loan
2nd Dec 2014 12:49
Shares in Sefton Resources sank on Tuesday after revealing it was not in a position to repay a bank loan that had been due at the beginning of December. The company explained that it was informed by partner Hawker Energy that it had not completed its financing to acquire an interest in their joint v
Read moreNew Chemring CEO adds £20,000-worth of shares
21st Jul 2014 16:20
The Group Chief Executive of defence group Chemring has added a batch of shares worth £20,150 to his stake. Michael Flowers, who was appointed to his current role last month, paid 201.50p for each of the 10,000 shares, all of which were acquired in his wife's name. Flowers replaced Mark Papworth
Read moreSefton Resources boss Jim Ellerton steps down
30th Aug 2013 09:14
Sefton Resources said co-founder Jim Ellerton had agreed to "unconditionally" step down from the board and as Chief Executive Officer. His departure come just over a week after the oil and gas exploration and production company said he would temporarily step down while it conducted an investigatio
Read moreSefton Resources unveils 'significant' improvement in production
13th Aug 2013 08:29
Sefton Resources, an independent oil and gas exploitation, transmission and production company, has announced that there has been a "significant" improvement in its production levels since the beginning of the year. In California, oil production figures reported to the Division of Oil, Gas & Geoth
Read moreSefton Resources posts drop in annual profit
20th May 2013 08:47
Sefton Resources reported a 3.4 per cent drop in annual profit as the oil and gas company incurred higher costs. Gross profit for the year to December 31st, after deducting the costs of sales from revenue, came to $2.8m compared to $2.9m the previous year. Cost of sales rose to $1.5m from $1.2m,
Read moreMonth-on-month oil production up 25 per cent at Sefton Resources
15th May 2013 09:11
AIM-listed independent oil and gas exploitation and production company Sefton Resources has reported that oil production figures for California were up a quarter on the previous month. In an operational update issued on Wednesday, the group reported that oil production figures for California report
Read moreSefton Resources unveils rise in oil output at Kansas project
2nd Apr 2013 08:55
Shares in Sefton Resources climbed Tuesday after the oil and gas company announced an increase in production at Leavenworth Country, Kansas. The group said a competent persons report was carried out to assess the future cash from oil and gas proved reserves and unproved resources at the prospect.
Read moreSefton Resources' subsidiary generating oil at Kansas wells
8th Feb 2013 08:57
Monthly production of oil in a north east Kansas well operated by Sefton Resources' subsidiary TEG MidContinent is averaging 300 barrels, an operational update issued by the company on Friday has disclosed. The AIM-listed company unveiled an operations report of oil and gas exploration and producti
Read moreFTSE 250 movers: Bovis Homes Group jumps on Liberium view
5th Feb 2013 16:57
Bovis Homes Group was the sixth biggest gainer on the FTSE 250 on Tuesday after Liberum Capital moved its target price from 465p to 661p while leaving its hold recomendation unchanged. The stock's share price rose 2.94% to 631p. The fifth biggest gainer was Spirax-Sarco Engineering, which published
Read moreSefton Resources looks ahead with confidence
10th Jan 2013 12:36
Sefton Resources, an independent oil and gas exploitation and production company with interests in California and Kansas, has said it looks forward to 2013 with confidence, as its operations continue to progress as planned. In California, preliminary oil production totalled 4,353 barrels of oil, c
Read moreFriday broker round-up UPDATE
14th Dec 2012 08:09
Anglo American: UBS reduces target price from 2150p to 1860p and downgrades to neutral. JP Morgan reiterates underweight. BG Group: Barclays reduces target price from 1490p to 1450p, while reiterating an overweight rating. BP: Barclays cuts target price from 500p to 480p and keeps an underweight r
Read more