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Erin Energy Corp ERINQ

Erin Energy Corporation is an independent oil and gas exploration and production company. The Company is focused on energy resources in Africa. It is focused on exploration for and production of hydrocarbons where commercial reserves have been found and developed. As of December 31, 2016, the Company's asset portfolio consisted of seven licenses across four countries covering an area of approximately five million acres (approximately 19,000 square kilometers). The Company's geographical segments include Nigeria, Kenya, The Gambia and Ghana. The Company owns producing properties and conducts exploration activities offshore Nigeria, conducts exploration activities offshore Ghana and The Gambia, and onshore Kenya. The Company has 100% interest in Oil Mining Leases 120 and 121; four Production Sharing Contracts in the Lamu Basin of Kenya; two exploration licenses offshore The Gambia, and interest in Expanded Shallow Water Tano (ESWT) block offshore Ghana.


GREY:ERINQ - Post by User

Bullboard Posts
Post by Vanboarderon Apr 23, 2014 12:25pm
154 Views
Post# 22481730

Some Insider Buying

Some Insider Buying

Insider Buying: CAMAC Energy CEO Buys 150,000 Shares of Stock (CAK)

CAMAC Energy (NYSE:CAK) CEO Kase Lukman Lawal purchased 150,000 shares of the stock in a transaction dated Monday, April 21st. The stock was purchased at an average price of $0.65 per share, for a total transaction of $97,500.00. Following the purchase, the chief executive officer now directly owns 6,169,868 shares in the company, valued at approximately $4,010,414. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

CAMAC Energy (NYSE:CAK) traded up 10.94% during mid-day trading on Tuesday, hitting $0.71. 833,417 shares of the company’s stock traded hands. CAMAC Energy has a one year low of $0.1931 and a one year high of $0.91. The stock has a 50-day moving average of $0.78 and a 200-day moving average of $0..


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