Bonavista Energy (BNP) has notable insider buying

Bonavista Energy (T:BNP)

Jason Edward Skehar, CEO and Director, acquired 5,000 Common Shares on a direct ownership basis at a price of $3.450 through the public market on April 3rd, 2017. The insider also acquired 1,000 Common Shares on an indirect ownership basis for registered holder Alex Kildaw Trust (RESP) at a price of $3.450 through the public market on April 3rd, 2017. The insider also acquired 1,000 Common Shares on an indirect ownership basis for registered holder Samantha Kildaw Trust (RESP) at a price of $3.450 through the public market on April 3rd, 2017. The insider also acquired 2,000 Common Shares on an indirect ownership basis for registered holder Tegan Skehar Trust (RESP) at a price of $3.450 through the public market on April 3rd, 2017. The insider also acquired 2,000 Common Shares on an indirect ownership basis for registered holder Tyler Skehar Trust (RESP) at a price of $3.450 through the public market on April 3rd, 2017. This represents a $37,950 investment into the company's shares and an account share holdings change of 2.7%.

Bonavista Energy Corporation is a resource company engaged in the acquisition, exploration, development and production of oil and natural gas assets. The Company's West Central Core Area is characterized by natural gas and light oil resources. West Central Core Area is located within the Western Canadian Sedimentary Basin (WCSB) between Calgary and Drayton Valley, Alberta. Its infrastructure in West Central Core Area includes over 2,800 kilometers of pipelines and approximately 40 facilities. Its Deep Basin Core Area contains multiple vertically stacked oil and natural gas reservoirs. Its Deep Basin Core Area is located within the WCSB between Edmonton and Fox Creek, Alberta. The Company's Deep Basin Core Area's production averages approximately 21,460 barrels of oil equivalent per day (boe/d). It has assembled a land position of approximately 295,110 net acres and identified over 300 horizontal drilling locations. Its assets are located in Alberta, British Columbia and Saskatchewan.