Park Place Energy Inc (OTCMKTS:PKPL) CFO Parvez Nadeem Tyab sold 1,000,000 shares of the firm’s stock in a transaction on Monday, October 17th. The stock was sold at an average price of $0.04, for a total value of $40,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Park Place Energy Inc (OTCMKTS:PKPL) remained flat at $0.30 during midday trading on Tuesday. The company’s stock had a trading volume of 64,533 shares. The firm’s 50-day moving average is $0.25 and its 200-day moving average is $0.20. The company’s market cap is $14.99 million. Park Place Energy Inc has a 12-month low of $0.05 and a 12-month high of $0.52.

Park Place Energy Company Profile

Park Place Energy Inc is an energy company. The Company is engaged in oil and gas exploration in Bulgaria. The Company holds an approximate 98,205 acres of oil and gas exploration claim in the Dobrudja Basin located in northeast Bulgaria. The Company intends to conduct exploration for natural gas and test production activities over an approximately five year period.

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