Sibir Energy's chief executive Henry Cameron spent nearly £1.5m buying shares in the oil explorer.
The group said Cameron bought 600,000 shares on Friday at a price of 246.29p per share. He increases his stake to 1.5m shares, which represents 0.39% of the company.
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The group said it has encountered hydrocarbon saturated reservoirs in all wells drilled so far.
Top Director Buys
Sibir Energy (SBE)
Director name: Mr Henry Cameron
Amount purchased: 600,000 @ 246.30p
Value: £1,477,800
John Wood Group (WG.)
Director name: Sir Sir Ian C Wood
Amount purchased: 475,251 @ 188.00p
Value: £893,472
TT Electronics (TTG)
Director name: Mr John W Newman
Amount purchased: 1,000,000 @ 46.90p
Value: £469,000
CLS Holdings (CLI)
Director name: Mr Henry Klotz
Amount purchased: 65,189 @ 302.00p
Value: £196,871
Hill and Smith (HILS)
Director name: Mr David L Grove
Amount purchased: 75,000 @ 195.00p
Value: £146,250
Weir Group (WEIR)
Director name: Mr Stephen King
Amount purchased: 43,500 @ 274.30p
Value: £119,320
TT Electronics (TTG)
Director name: Mr John W Newman
Amount purchased: 250,000 @ 46.90p
Value: £117,250
BBA Aviation (BBA)
Director name: Mr Simon Pryce
Amount purchased: 125,000 @ 79.80p
Value: £99,750
Sports Direct International (SPD)
Director name: Mr Simon Bentley
Amount purchased: 250,000 @ 39.20p
Value: £98,000
John Wood Group (WG.)
Director name: Mr Allister G Langlands
Amount purchased: 50,000 @ 189.30p
Value: £94,650
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