Salamander Energy founder and chief executive James Menzies has spent £41,000 on shares in the south-east Asia-focused oil and gas group.
He bought 20,000 shares at 205p a pop.
Menzies may have been tempted by the fall in Salamander's share price since he last opened his wallet, buying the same number of shares at 269.5p a time. The share price fall is in line with declines across the oil sector amid a worsening global economic outlook.
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Menzies spent most of his career with LASMO, an independent exploration and production company, first as a geophysicist in the UK North Sea exploration team and later in Vietnam and Indonesia.
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