Peter Moore Purchases 100,000 Shares of Carnarvon Petroleum Limited (CVN) Stock

Carnarvon Petroleum Limited (ASX:CVN) insider Peter Moore acquired 100,000 shares of the company’s stock in a transaction dated Thursday, March 7th. The stock was acquired at an average cost of A$0.42 ($0.30) per share, for a total transaction of A$42,000.00 ($29,787.23).

ASX:CVN traded down A$0.01 ($0.01) during trading hours on Friday, reaching A$0.45 ($0.32). 19,488,502 shares of the company were exchanged, compared to its average volume of 1,850,000. The stock has a market capitalization of $597.52 million and a PE ratio of -445.00. Carnarvon Petroleum Limited has a twelve month low of A$0.13 ($0.09) and a twelve month high of A$0.70 ($0.49).

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About Carnarvon Petroleum

Carnarvon Petroleum Limited explores for, develops, and produces oil and gas in Australia. The company owns interests in the Phoenix project located in the Bedout Sub-basin within the greater Roebuck Basin; Buffalo project located in the Bonaparte Basin; and Labyrinth project located in the Roebuck Basin in the North West Shelf of Western Australia.

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