CEO and CFO buying at Whitecap Resources (WCP)

CEO and CFO buying at Whitecap Resources (T:WCP)

Grant Bradley Fagerheim, CEO and Director, acquired 12,000 Common Shares on a direct ownership basis at a price of $8.800 on June 4th, 2018. This represents a $105,600 investment into the company's shares and an account share holdings change of 0.6%.

In addition, Thanh Chan Kang, CFO, acquired 4,295 Common Shares on a direct ownership basis at a price of $8.800 on June 4th, 2018. The insider also acquired 680 Common Shares on a control or direction basis for registered holder Nguyet Huynh at the same price on the same day. This represents a $43,780 investment into the company's shares and an account share holdings change of 1.1%.

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

Whitecap Resources Inc is a Canada-based oil-weighted growth company focused on its existing assets enhanced by oil-based acquisitions. Its assets include Boundary Lake property, which is located in northeast British Columbia; Valhalla North property, which is located in the Peace River Arch area of Alberta and is characterized by shallow declines and a production base, and Deep Basin properties, which include Karr, Simonette, Kakwa, Elmworth and Wapiti, which are located southwest of Grande Prairie, Alberta. The primary reservoirs being developed are the Dunvegan and Cardium. Its Cardium producing areas are primarily located in the Pembina, Garrington, Ferrier and Willesden Green areas of West Central Alberta. Its Elnora producing property is located southeast of Red Deer, Alberta. Its Lucky Hills, Whiteside, Kerrobert, and Eagle Lake areas are located in West Central Saskatchewan. The primary reservoir that the Company is focused on developing is the Viking resource oil play.