CEO and CFO buying at Pason Systems (PSI)

CEO and CFO buying at Pason Systems (T:PSI)

Marcel Kessler, CEO, acquired 7,200 Common Shares on a direct ownership basis at prices ranging from $16.560 to $16.638 on September 25th, 2019. This represents a $119,677 investment into the company's shares and an account share holdings change of 13.6%.

In addition, Jonathan Faber, CFO, acquired 4,000 Common Shares on a direct ownership basis at a price of $16.500 on September 25th, 2019. This represents a $66,000 investment into the company's shares and an account share holdings change of 22.9%.

Pason Systems is in the Oil Related Services and Equipment Sub Industry Group under the Energy Sector.

Pason Systems Inc. is a Canada-based global provider of instrumentation and data management systems for drilling rigs. The Company's geographical segments include Canada, the United States, and International. The International segment includes Latin America, Offshore, the Eastern Hemisphere, and the Middle East. The Company's solutions include data acquisition, wellsite reporting, remote communications, and Web-based information management, and enable collaboration between the rig and the office. The Company's products include Pason Service, Automatic Driller, Choke Control, Electronic Drilling Recorder (EDR), Enhanced Pit Volume Totalizer (ePVT), Gas Analyzer, Hazardous Gas Alarm System and Pit Volume Totalizer (PVT), among others. The Company's rig site products include Rig Communications, Rig Display and SideKick, among others. The Company's data analysis includes DataHub, Directional System, Drilling Guidance System (DGS), Live Rig View (LRV) and LRV Mobile (LRV), among others.