Petrus Resources (PRQ) has notable insider buying

Petrus Resources (T:PRQ)

Petrus Resources Ltd. (PRQ) has a high amount of executive buying compared to its small-cap peers over the past three months. Don Gray, a Director, acquired 162,100 Common Shares on a direct ownership basis at a price of $2.250 through the public market on July 12th, 2017. This represents a $364,725 investment into the company's shares and an account share holdings change of 2.8%.

Petrus Resources Ltd. is an oil and gas company. The Company focuses on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. The Company has production and growth opportunities in approximately three areas within the province of Alberta, including Ferrier, Central Alberta and the central Rocky Mountain foothills region. The Company's Ferrier area's features include Glauconitic, Belly River and Mannville plays. The Company owns various oil and gas producing properties in southwest of Edmonton. The Company owns oil and gas producing properties along the foothills trend in the vicinity of Hinton, stretching from Cordel / Stolberg in the south to Cabin Creek in the north. The Company's subsidiaries include Petrus Resources Corp. and Petrus Resources Inc.