Off-market insider buying at Claren Energy (CEN)

Off-market insider buying at Claren Energy (V:CEN)

Carlo Civelli, a 10% Holder, acquired 21,000,000 Common Shares on an indirect ownership basis for registered holder Professional Trading SA at a price of $0.050 through a private transaction on July 30th, 2020. This represents a $1,050,000 investment into the company's shares and an account share holdings change of greater than 100%.

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

Claren Energy Corp is a Canada-based company engaged in the acquisition and exploration of petroleum and natural gas properties. The Company's geographical segments include Canada, Australia and Romania. It holds interest in onshore petroleum exploration licenses (PELs), including PEL 112 and PEL 444. Its PEL 112 consists of over 1,090 square kilometers and PEL 444 consists of over 1,170 square kilometers. Its properties are located on Western flank of the Cooper-Eromanga Basin in the northeastern sector of the state of South Australia. The Bobocu gas field is located in the foreland basin of the Carpathians over 150 kilometers North East of Bucharest, Romania.