Falcon Oil & Gas (CVE:FO) Director Bryan Scott Sheffield Sells 2,000,000 Shares of Stock

Falcon Oil & Gas Ltd. (CVE:FO) Director Bryan Scott Sheffield sold 2,000,000 shares of the company’s stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of C$0.19, for a total transaction of C$380,000.00. Following the completion of the transaction, the director owned 114,386,398 shares in the company, valued at approximately C$21,733,415.62. The trade was a 1.72% decrease in their ownership of the stock.

Bryan Scott Sheffield also recently made the following trade(s):

• On Wednesday, October 1st, Bryan Scott Sheffield sold 4,000,000 shares of Falcon Oil & Gas stock. The stock was sold at an average price of C$0.19, for a total transaction of C$760,000.00.
• On Thursday, October 2nd, Bryan Scott Sheffield sold 731,000 shares of Falcon Oil & Gas stock. The stock was sold at an average price of C$0.21, for a total transaction of C$153,510.00.

Falcon Oil & Gas Trading Down 4.9%

CVE FO opened at C$0.20 on Friday. The company’s 50-day moving average price is C$0.15 and its 200-day moving average price is C$0.13. The stock has a market cap of C$216.28 million, a PE ratio of -65.00 and a beta of 1.05. Falcon Oil & Gas Ltd. has a 12 month low of C$0.07 and a 12 month high of C$0.22.

About Falcon Oil & Gas

Falcon Oil & Gas Ltd., an oil and gas company, engages in the exploration and development of unconventional oil and gas assets in Australia, South Africa, and Hungary. The company holds 22.5% interests in three exploration permits covering an area of approximately 1 million net acres in the Beetaloo Sub-basin, Northern Territory, Australia.