An AIM listed Oil and Gas Exploration and Production Company whose near term tactical objective is to: “Build a strong stable platform of assets, generating sufficient cash flow to operate and grow the business.” seftonresources.com Who We Are Sefton Resources, Inc., a British Virgin Island corporation, in the business of oil and gas production through wholly owned subsidiaries TEG Oil & Gas USA Inc. and TEG Mid-Continent Inc. Corporate offices located in Denver, Colorado. The company trades on the London Stock Exchange AIM Market. The trading symbol is SER. Management Bios Jeremy Delmar-Morgan Non-executive Director; Chairman of the Board, Sefton Over twenty-five years’ experience in the investment and brokerage community. Recently Chairman of Hitchens Harrison, Deputy Director of the Board of the London Symphony Orchestra and Director of a number of private companies. A member of Sefton’s compensation committee and Chairman of the audit committee. Jim Ellerton Executive Director and CEO, Sefton Thirty years’ experience in the development and evaluation of oil and gas prospects throughout the major basins of North America. Was one of the original founders of Sefton Resources. Harry Barnum Executive Director, Sefton; President, TEG USA, Inc. Vice President of Operations and Engineering for Sefton, and the President of TEG Oil & Gas USA, Inc. Has more than twenty-five years’ industry experience and is responsible for the day-to-day operations of the Company’s California assets. Bruce Mackay Executive Director, Sefton; President, TEG Mid-Continent Vice President Legal, Land and Business Development for Sefton. Has more than thirty years’ industry experience and is responsible for the day-to-day operations of the Company’s Kansas assets. Tony Ashton Non-executive Director A trained Geologist with over forty-five years in the Oil and Gas industry. In 2001, retired as CEO and President of Canada Southern Petroleum LTD. A member of Sefton’s Audit Committee and Chairman of the compensation committee. Sefton Resources, Inc. Organization Where We Are Main core area of activity is the East Ventura Basin in California. Sefton owns 100% of two oil fields -- Tapia Canyon (heavy gravity oil) and Eureka Canyon (medium gravity oil) -- both of which have over twenty years of expected production life. Sefton has approximately 50,000 acres, nine miles of gathering and processing facilities in the Forest City Basin of Eastern Kansas with Coal Bed Methane gas prospects in addition to conventional oil and gas prospects. Investing Criteria Partially developed reserves – with long life Areas located near markets, industry friendly and available support services Control of assets (over 50% and operations) 30% or greater annual rate of return Ability to use modern technology (SAGD; Horizontal Drilling, etc.) Corporate History Tapia: Single asset project IPO: December 2000 (£1,000,000) Blow-out (Nov. 2002) Dilution of equity rather than debt Resume drilling at Tapia Increase assets (geography/commodity diversification) Monetize single asset (Tapia) for maximum cash flow Bank facility 2007 (ability to develop multiple assets) Excellence award for Operations (2009 – California) Solid revenue/profits Develop multiple assets Seek greater market capitalization via investor relations and acquisitions/mergers Financial Statistics Year ended 12/31/08 (audited) Total Share Issued and Outstanding Total Assets Total Liabilities Stockholder Equity Oil & Gas Revenue Other Income Oil & Gas Production Costs General and Administrative Costs Other Expenses (Interest) Depreciation & Depletion Share Based Compensation Other (Retirement Provisions) NET INCOME Year ended 12/31/07 (audited) 116,387,779 $ $ $ 15,468,016 7,822,468 7,645,548 116,040,354 $ $ $ 10,407,145 3,291,964 7,115,181 $ $ $ Net $ 4,688,183 $ 390,000 (1,040,573) $ 4,037,610 $ 2,977,691 $ $ Subtotal $ (1,774,819) $ (192,264) $ (1,967,083) $ (1,519,848) (78,161) (1,598,009) $ $ $ $ (462,685) $ (162,528) $ (1,112,109) 333,205 $ (304,965) (197,220) (672,845) 2,304,846 204,652 5 Year Financial Summaries (from Audited Financials) Lifting Costs Capital Expenditures 4 3 $/BBL $ (millions) 5 2 1 0 2004 2005 2006 2007 2008 35 30 25 20 15 10 5 0 2004 Year 2005 2006 2007 2008 Year 5 $ (millions) 4 Oil and Gas Sales 3 2 Net Cash from Operations Net Income 1 0 -1 -2 2004 2005 2006 2007 Year 2008 TEG USA - Area of Operation TEG USA operates in the Ventura Basin, North of Los Angeles. Tapia Canyon Field is located in LA County. Eureka Field is located in Ventura County. Oil Field Map of the East Ventura Basin, California 1 km. N PROTOTYPE FOR SUCESSFUL STEAM ENHANCED RECOVERY TAPIA OIL FIELD - Los Angeles County, California Location of Sefton Resources leases showing hilly topography Town of CASTAIC, CA TAPIA OIL FIELD – Hartje #18 Well Drilled by Sefton Resources in Q1 2009 TAPIA OIL FIELD - Snow #3 Well Log Example from Sefton Resources Q1 2008 drilling program TAPIA OIL FIELD Typical gravel-pack filter screen completion as used on new oil wells 1 The well is drilled through the oil zone & casing pipe is cemented in place. 2 The oil zone is under-reamed to 12” to 14” to allow for an effective filter pack. 3 A stainless steel wire-wrapped screen is placed in the oil productive well bore. shale Oil-saturated sandstone shale 4 Uniform gravel is pumped into the annular space between the screen and formation sand 5 The gravel and screen allow the oil and gas to produce into the well while filtering out formation fines. TAPIA OIL FIELD - Snow Lease Wells Environmentally conscious operations in California development from centralized pads minimizes surface impact TAPIA OIL FIELD - Improved Facilities Tank and water re-injection facilities have all been upgraded TAPIA OIL FIELD - Steam Generator Currently steaming wells on Snow Lease – trailer mounted for mobility within oil field TEG USA - MONTHLY OIL PRODUCTION January, 2005 to April, 2009 Eureka Oil Total Tapia Oil 10000 Total TEG Oil 4 WELLS DRILLED 5 WELLS DRILLED SNOW #5 STEAMED STEAM PILOT INITIATED 1000 Apr-09 Jan-09 Oct-08 Jul-08 Apr-08 Jan-08 Oct-07 Jul-07 Apr-07 Jan-07 Oct-06 Jul-06 Apr-06 Jan-06 Oct-05 Jul-05 Apr-05 100 Jan-05 BOPM 2 WELLS DRILLED 2 WELLS DRILLED TAPIA OIL FIELD Yule oil sand structure map showing future well locations and shallow gas deposit AREA OF MAPPED SHALLOW GAS (To Be Used For Steam Source Fuel) EUREKA OIL FIELD Rugged topography throughout lease area Eureka Oil Field - Geochemical Survey 1,500 Acre Sefton Leasehold Area 0’ 2500’ 5000’ 7500’ 10000’ AREA OF HISTORICAL OIL PRODUCTION SHOWING DEPLETION Phase 2 Infill Survey AREAS OF STRONG EXPLORATORY POTENTIAL PHASE 1 AREA NOT ENHANCED BY PHASE 2 SURVEY Contoured areas indicate Phase 2 positive hydrocarbon signature overlay on Phase 1 survey Budget/Engineering (As of 1/1/09) Primarily Tapia in California Constant Costs/Prices at 12/31/08 $28.33/bbl Oil Used for Life of Field $ NPV (Discounted 10%) 3,013,076 9,480,129 12,493,205 3,759,640 Bbls Oil 785,886 618,662 1,404,548 2,121,570 $ NPV (Discounted 9%) 12,772,651 9,354,442 22,127,093 25,113,102 3,526,117 47,240,188 P.D.P P.D.N.P Total Proved Developed P. Undeveloped Bbls Oil 282,662 1,072,008 1,354,670 1,971,414 Total Proved 3,326,084 0 16,252,846 16,968 0 171,578 0 2,337,345 3,649,626 3,343,052 2,337,345 20,074,050 Probable Undeveloped Possible Undeveloped Total Life Discount Factor Undiscounted Payout Discounted Payout Undiscounted net/investment Discounted net/investment Rate of Return Lifting Costs - All Fields (from audited financials) Mcf of Gas 0 0 6/09 (using bank's price deck) 30.42 yrs. 10% 0.55 yrs. 0.56 yrs. 4.66 2.94 Above 100% $19.50/bbl TEG MidContinent TEG Mid-Continent Area Of Operation The Forest City Basin and Eastern Kansas Project Overview TEG MidContinent has secured 43,000 acres in the Anderson and Franklin County project and 7,000 acres in the Leavenworth County project. “Anderson and Franklin counties have tremendous CBM potential, and they are economically attractive when gas prices and marketing conditions are favorable” (Onat Report). In addition, there are significant underlying conventional oil and gas opportunities. Leavenworth County has non-depleted conventional gas fields that have not produced in over 10 years as a result of no active gas gathering facilities tying to major transportation pipelines. Providing gathering facilities to existing and future wells will open up this whole area, including recently discovered CBM opportunities. Anderson County Land & Facilities Map Major pipelines ▼ Acquired pipeline & facilities Major Oil Fields ▼ PETROL WAVERLY ACQUISITION TEG MidContinent acquired pipeline and a gas gathering/water disposal system, including 17 inactive wells and 2 salt water disposal wells In addition, the acquisition provides sales outlet, a 10 mmcf per day processing facility and a “tap” into Quest’s pipeline which provides TEG MidContinent with access to major gas markets TEG MidContinent Bourbon Arch Net Coal Map “A net coal isopach of all significant coal seams indicates that thickness varies from 0 to 22 ft. in the Bourbon Arch area with an average of 9 ft. (Johnson, 2004). Net coal thickness of the TEG MidContinent leases is 11 to 22 ft. in Anderson County, and 13 to 19 ft. in Franklin County”. SCHEMATIC DIAGRAM OF CBM WELL COMPLETION Successful operations in the Forest City Basin dictate that multi-zone completions be avoided. Once wells are completed, properly designed infrastructure and low pressure gathering compression are critical. All CBM wells will penetrate underlying Mississippian surface where a majority of conventional oil and gas fields are located. Schematic for Conventional Oil and Gas Prospects on Mississippian (Just Below Deepest Coal) Leavenworth Acreage and Pipelines – 7,000 Acres Acquired Cholla Pipeline Vanguard Pipeline provides gathering for third party gas, our own projects, and access to interstate pipelines ` VANGUARD PIPELINE TEG MidContinent has executed a Letter of Intent to acquire the Vanguard Pipeline which consists of approximately 10 miles of 8” line, 10 miles of 4” line, and 6 miles of 3” line. The cost of the acquisition is $115.000.00 What’s Next for the Company SEFTON ٠ Improve investor relations ٠ Merger/acquisition (s) for additional growth/expansion CALIFORNIA Tapia ٠ Cyclic Steam ٠ Secure long term gas/water supplies ٠ Drill remaining wells/steam flood Eureka ٠ Surface geology to tie to geochemical survey ٠ Drill wildcat well(s) Anderson (CBM and Conventional) ٠ ٠ ٠ ٠ Complete pilot drilling program Mississippian geologic study Gas contract CBM/conventional oil and gas exploitation Leavenworth (Conventional and CBM) ٠ ٠ ٠ ٠ ٠ KANSAS Complete Vanguard pipeline acquisition Test line/bring to active status Acquire additional land/workover existing wells Gas contracts/drill additional wells Transport third party gas • • • • SUMMARY Strong management team Specific criteria for investments Develop strong cash flow from multiple assets (commodity and geographic location) Growth via internal prospect development, multiple financing vehicles (cash flow, debt, equity and joint venture), and acquisitions/mergers