Paramount Resources (POU) has notable insider buying

Paramount Resources (T:POU)

Bernard K. Lee, a Senior Officer, acquired 30,000 Common Shares Class A on a direct ownership basis at prices ranging from $29.803 and $31.500 through the public market on June 22nd, 2022. This represents a $929,015 investment into the company's shares and an account share holdings change of 12.3%.

Paramount Resources Ltd. is a Canada-based energy company. The Company explores for and develops both conventional and unconventional petroleum and natural gas reserves and resources. The Company's principal properties are located in Alberta and British Columbia. The Company's operations are organized into three regions. Its Grande Prairie Region, located in the Peace River Arch area of Alberta, which is focused on Montney developments at Karr and Wapiti. Its Kaybob Region, located in west-central Alberta, which includes the Kaybob North and Ante Creek Montney oil developments, Duvernay developments at Kaybob Smoky, Kaybob North and Kaybob South and other shale gas and conventional natural gas producing properties. Its Central Alberta and Other Region, which includes the Willesden Green Duvernay development in central Alberta and shale gas producing properties in the Horn River Basin in northeast British Columbia.