CEO buying at Tourmaline Oil (TOU)

CEO buying at Tourmaline Oil (T:TOU)

Tourmaline Oil Corp. (TOU) has a high amount of executive buying compared to its large-cap peers over the past three months.Mike Rose, CEO, acquired 2,500 Common Shares on a direct ownership basis at a price of $20.693 through the public market on March 29th, 2019. This represents a $51,732 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.