Multiple insider selling at Parex Resources (PXT)

Multiple insider selling at Parex Resources (T:PXT)

Curtis Darrell Bartlett, a Director, disposed of 255,000 Common Shares on a control or direction basis for registered holder Skeena Capital Limited (formerly, Auxilium Group Inc.) at prices ranging from $21.540 to $21.870 between July 15th and 17th, 2019. This represents a $5,532,700 divestment of the company's shares and an account share holdings change of -28.3%.

Ronald Douglas Miller, a Director, disposed of 255,000 Common Shares on a control or direction basis for registered holder Walt Grace Holdings Limited at prices ranging from $21.540 to $21.870 between July 15th and 17th, 2019. This represents a $5,532,700 divestment of the company's shares and an account share holdings change of -31.5%.

Eric Furlan, a Senior Officer, exercised Options and disposed of 21,000 Common Shares on a direct ownership basis at a price of $21.900 on July 15th, 2019. This represents a $459,900 divestment of the company's shares and an account share holdings change of -12.4%.

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 actively 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 focused on Colombia where it is conducting activities in the Llanos and Magdalena Basins. It Identifies and acquires prospective resources and engages stakeholders.