Sefton Resources provides a trading update of operations in Kansas and California.

Highlights

• Preliminary oil production tank data for California for the month of February 2013 shows 3,443 barrels of oil which after an estimated 4% shrinkage equates to 118 barrels of oil per day (BOPD), a slight increase from January's actual production of 111 BOPD. • Dr Farouq Ali believes that work on the history match stage of the thermal stimulation report is now coming to an end. Dr Ali has advised that he is about to start the cyclical steam matches and various steamflood scenarios which he plans to work on simultaneously. • Monthly oil production in Kansas is currently circa 300 barrels of oil from 6 wells. Improving production from these wells will be achieved from stimulation and recompletions; and additional production will be from ongoing workovers and improved infrastructure.

Jim Ellerton, Chairman of the Board said, "Sefton is progressing its operations in both California and Kansas to allow for substantially higher oil production in the coming years. The Board expects full year 2012 financials to be reported early May and to be materially in-line with market expectations."

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