Public market insider buying at Canadian Overseas Petrole (XOP)

Public market insider buying at Canadian Overseas Petrole (C:XOP)

Arthur Sherman Millholland, CEO and Director, acquired 1,000,000 Common Shares on an indirect ownership basis for registered holder Haywood Securities Inc. at prices ranging from $0.185 to $0.190 between August 23rd, 2022 and August 24th, 2022. This represents a $185,500 investment into the company's shares and an account share holdings change of 92.7%.

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

Canadian Overseas Petroleum Limited is a Canada-based oil and gas exploration, production and development company. The Company operates in Converse County, Wyoming, and in sub-Saharan Africa. The Company and its subsidiaries are involved in the identification, acquisition, exploration and development of oil and natural gas reserves and holding interests in petroleum assets focused in the United States of America (US) and Africa. The Company operates four assets within approximately 48,000 contiguous acres of leasehold in the Powder River Basin in Converse and Natrona Counties Wyoming. Its assets include Barron Flats Shannon Unit (miscible flood), Cole Creek Unit, Barron Flats Federal (Deep) Unit (BFFDU) and Non-Unitized Lands. The Company's subsidiary, COPL Technical Services Limited provides engineering, geological, geophysical, and legal and accounting services. Canadian Overseas Petroleum Limited (XOP) has below median officer and director direct ownership compared to its micro-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, one insider has invested a total amount of $185,500.