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CAMAC Energy (NYSE:CAK) CEO Kase Lukman Lawal bought 50,000 shares of the stock in a transaction that occurred on Friday, April 4th. The stock was purchased at an average price of $0.78 per share, for a total transaction of $39,000.00. Following the purchase, the chief executive officer now directly owns 5,862,462 shares of the company’s stock, valued at approximately $4,572,720. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Shares of CAMAC Energy (NYSE:CAK) traded up 2.53% on Monday, hitting $0.81. 508,376 shares of the company’s stock traded hands. CAMAC Energy has a one year low of $0.1849 and a one year high of $0.91. The stock has a 50-day moving average of $0.74 and a 200-day moving average of $0.55. The company’s market cap is $867.0 million.

CAMAC Energy Inc (NYSE:CAK) is engaged in the exploration, development, and production of oil and gas outside the United States, directly and through joint ventures.

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