Fund buying at Canadian Overseas Petroleum (XOP)

Fund buying at Canadian Overseas Petroleum (C:XOP)

Anavio Equity Capital Markets Master Fund Limited, a 10% Holder, acquired 1,312,232,633 Common Shares on a direct ownership basis at reported price of price of $0.002 through a private transaction on January 15th, 2024. The insider also acquired 1,312,232,633 Warrants on a direct ownership basis with a reported exercise price of $0.002 until expiring August 26, 2028.

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 international oil and gas exploration, development and production company. The Company and its subsidiaries are involved in the identification, acquisition, exploration, development and production of oil and natural gas reserves. The Company is engaged in pursuing opportunities in the United States with operations in Wyoming. It operates the Cole Creek Unit 100% WI, Barron Flats Shannon (Miscible) Unit 85% WI and holds Barron Flats Federal (Deep) 85% WI in addition to non-unitized lands 100% WI. Its Wyoming operations uses minimal gas flaring and methane emissions combined with electricity sourced from a neighboring wind farm to power production facilities. The Company's subsidiary is COPL America Inc. 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 $3,280,582.