Gulfsands Petroleum, which recently moved its Syrian operations into production at a rate of 11,500 barrels of oil per day, announced that the Company's Chief Financial Officer snapped up 60,000 shares at prices between 113 pence and 121 pence per share.
Mr. Rose now holds 210,000 shares representing 0.18% of the Company.
In a separate announcement, Schroders Investment Management announced that it had also increased its stake in the company to 14.48%.