1st Feb 2022 13:10
Canadian Overseas Petroleum Ltd - oil and gas explorer focused on US state of Wyoming - Chief Executive Officer Arthur Millholland buys 665,000 shares at average CAD0.58, worth CAD385,700, about GBP225,315, on Tuesday and Friday last week.
Earlier this month, Canadian Overseas said it had made a significant oil discovery at its leasehold in Converse and Natrona Counties, Wyoming. "This share purchase shows my confidence in the company's recently announced deep discovery, and the performance of our miscible flood at our Barron Flats project in Wyoming," Millholand says.
Current stock price in Toronto: CAD0.54
12-month change: up 8.0%
By Tom Waite; [email protected]
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