Director buying at Oyster Oil and Gas (OY)

Director buying at Oyster Oil and Gas (:OY)

Donald Albert Sharpe, a Director, acquired 474,000 Common Shares on a direct ownership basis at a price of $0.400 on May 24th, 2017. This represents a $189,600 investment into the company's shares and an account share holdings change of 79.0%.

Oyster Oil and Gas is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Oyster Oil and Gas Ltd. is an exploration company engaged in the acquisition, exploration and development of oil and gas interests in Africa. The Company operates through the acquisition, exploration and development of resource properties segment. Its exploration and evaluation assets include Republic of Djibouti and Republic of Madagascar. The Company holds interest in approximately four exploration blocks in Republic of Djibouti, of which three blocks are located onshore and one block is located offshore. Its blocks in Republic of Djibouti are located within approximately two hydrocarbon rift plays, which are situated in the northern extension of the East Africa Rift System and southern extension of the Red Sea basin. It holds interest in the onshore Antsiranana concession Block 1101 in Republic of Djibouti. Block 1101 covers approximately 11,200 square kilometers in the east of the Ambilobe Basin. Its interest in Block 1101 includes Ankaramy, Ambilobe and Ampasindava areas.