Paramount Resources (POU) has notable insider buying

Paramount Resources (T:POU)

Bernard K. Lee, CFO, acquired 10,000 Common Shares Class A on an indirect ownership basis for registered holder TFSA at a price of $6.250 through the public market on July 3rd, 2019. This represents a $62,500 investment into the company's shares and an account share holdings change of greater than 100%.

Rodrigo Sousa, a Senior Officer, acquired 7,150 Common Shares Class A on an indirect ownership basis for registered holder LIRA at a price of $6.250 through the public market on July 3rd, 2019. The insider also acquired 1,275 Common Shares Class A on an indirect ownership basis for registered holder RRSP at a price of $6.250 through the public market on July 3rd, 2019. The insider also acquired 1,575 Common Shares Class A on an indirect ownership basis for registered holder RRSP Spouse at a price of $6.250 through the public market on July 3rd, 2019. This represents a $62,500 investment into the company's shares and an account share holdings change of greater than 100%.

Paramount Resources Ltd is a Canada-based energy company that is focused on developing its portfolio of diverse resource plays while consistently building value for shareholders. The Company explores for, develops, produces and markets natural gas, oil and natural gas liquids in Alberta, British Columbia, Saskatchewan and the Northwest Territories. It has portfolio of resource plays in the Kaybob Region and The Central Alberta, which includes multiple land and resource positions, such as Kaybob Montney Oil, Kaybob South Duvernay Willesden Green and East Shale Basin Duvernay, Cardium, Glauconite and Ellerslie rights.