Sefton Resources has entered into a development agreement with UTAS Petroleum Services “to explore a potential transaction involving producing oil and gas assets in Indonesia”. “The deal will not only lead to a potential new project for the company, but may also see Rob Shepherd, who has previously worked for the likes of Royal Dutch Shell, Ophir Energy, Imperial Energy and AIM-listed Azonto Petroleum, take the helm at Sefton,” the company said.
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