Public market insider selling at Tourmaline Oil (TOU)

Public market insider selling at Tourmaline Oil (T:TOU)

William Scott Kirker, a Senior Officer, disposed of 25,000 Common Shares on a direct ownership basis at a price of $33.066 on June 16th, 2021. The insider also disposed of 162,250 Common Shares on a control or direction basis for registered holder Anne Louise Kirker at a price of $33.042 on June 16th, 2021. This represents a $6,187,714 divestment of the company's shares and an account share holdings change of -21.9%.

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

Tourmaline Oil Corp is a Canada-based company engaged in oil and gas exploration and production business sector. The Company is crude oil and natural gas exploration and production company focused on long-term growth through an aggressive exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin. The Company has assembled an undeveloped land position with a multi-year drilling inventory and operating control of natural gas processing and transportation infrastructure in three core long-term growth areas. The Company is focused on three core areas: the Alberta Deep Basin, Northeast British Columbia Montney and the Peace River Triassic Oil Complex.