Tourmaline Oil (TOU) has notable insider buying

Tourmaline Oil (T:TOU)

Mike Rose, CEO, acquired 2,500 Common Shares on a direct ownership basis at a price of $21.250 through the public market on October 12th, 2018. This represents a $53,125 investment into the company's shares and an account share holdings change of 0.0%.

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.