Director selling at Parex Resources (PXT)

Director selling at Parex Resources (T:PXT)

Curtis Darrell Bartlett, a Director, disposed of 22,285 Common Shares on a direct ownership basis at a price of $19.078 on April 10th, 2018. The insider also disposed of 61,300 Common Shares on a control or direction basis for registered holder Auxilium Group Inc. (formerly, MHI Energy Advisory Inc.) at a price of $19.007 on the same day. This represents a $1,590,282 divestment of the company's shares and an account share holdings change of -62.6%.

Parex Resources is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Parex Resources Inc is a Canada-based company engaged in crude oil exploration, development and production in Colombia. Through foreign subsidiaries, the Company holds interests in onshore exploration and production blocks totaling approximately 1.6 million gross acres. The Company is owner of Barbados-based Parex Resources Ltd, which does not own any operating oil and gas assets, as well as Colombiabased Parex Resources Ltd, which conducts its activities in Colombia primarily through a branch known as Parex Resources Colombia Ltd. The Company is conducting activities in the Llanos and Magdalena Basins.