Director buying at Storm Resources (SRX)

Director buying at Storm Resources (V:SRX)

Updated Friday Nov 30, 2018 02:07 AM EDT
Stuart George Clark, a Director, acquired 250,000 Common Shares on a control or direction basis for registered holder 540407 Alberta Inc. at a price of $2.050 between November 28th, 2018 and November 29th, 2018. This represents a $512,500 investment into the company's shares and an account share holdings change of 6.3%.

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

Storm Resources Ltd. is a Canada-based company engaged in the exploration for, and the acquisition, development and production of oil, natural gas and natural gas liquids reserves in the provinces of Alberta and British Columbia. The Company focuses on exploratory and development drilling. The Company's main areas of activity are located in the Umbach and Horn River Basin (HRB) areas of northeast British Columbia, with minor interests in the Valhalla area of north central Alberta. Umbach produces natural gas and associated natural gas liquids, while HRB produces dry natural gas. The Company's land position at Umbach totals approximately 109,000 net acres, including over 150 net sections. Approximately 40.4 net horizontal wells have been drilled into the Montney formation with over 31.4 net being on production. The Company owns a working interest in approximately 120 sections in the HRB, with over 78,000 net acres.

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Issuer details as of Nov 30, 2018 2:07 ET

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