Nostra Terra Oil and Gas (NTOG) Trading 15.2% Higher on Insider Buying Activity
Shares of Nostra Terra Oil and Gas Company plc (LON:NTOG) rose 15.2% during trading on Friday after an insider bought additional shares in the company. The stock traded as high as GBX 3.34 ($0.04) and last traded at GBX 3.34 ($0.04). Approximately 2,018,743 shares were traded during trading, an increase of 13% from the average daily volume of 1,790,000 shares. The stock had previously closed at GBX 2.90 ($0.04).
Specifically, insider Kristian (Ewen) Ainsworth purchased 350,100 shares of the company’s stock in a transaction on Friday, October 5th. The shares were bought at an average price of GBX 3 ($0.04) per share, for a total transaction of £10,503 ($13,681.13).
About Nostra Terra Oil and Gas (LON:NTOG)
Nostra Terra Oil and Gas Company plc engages in the exploitation and production of hydrocarbon resources in the Mid-Continent region of the United States and Egypt. The company holds 100% interests in the White Buffalo Prospect covering an area of 6,000 mineral acres located in the Big Horn Basin, Wyoming; and 16.25% interests in the Verde Prospect Unit located in Colorado, as well as a 100% working interests in the Pine Mills Project, and 50-75% working interests in Permian Basin located in Texas.
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