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Public market insider selling at Greenfields Petroleum (V:GNF)

Updated Monday Jun 19, 2017 02:43 AM EDT

Vitol Energy (Bermuda) Ltd., a 10% Holder, disposed of 15,658,201 Common Shares on a direct ownership basis at a price of $0.200 on June 16th, 2017. This represents a $3,131,640 divestment of the company's shares and an account share holdings change of -20.3%.

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

Greenfields Petroleum Corporation is a junior oil and natural gas exploration and development company. The Company focuses on the development and production of oil and gas reserves principally in the Republic of Azerbaijan (Azerbaijan). The Company, through Bahar Energy Limited, holds interest in the Bahar Project. The Bahar project includes over 76,500 acres of producing oil field and a producing gas field located approximately 10 kilometers offshore Azerbaijan in shallow waters (over 10 meters) of the Caspian Sea. The Bahar Project consists of Contract Rehabilitation Area, including Bahar Gas Field and the Gum Deniz Oil Field, and the Exploration Area. The properties associated with the Bahar Project are located in the shallow waters of the Caspian Sea, south of the Apsheron Peninsula and to the east of Baku, Azerbaijan.

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Go to Greenfields Petroleum Corporation (GNF)'s company page

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