Today we look at Petrus Resources Ltd. which is an oil and gas company focused on property exploitation and strategic acquisitions in Alberta. Insiders have recently spent $551,238 picking up shares in the public market following the July 11th announcement that Petrus Resources had sold its oil and natural gas interests in the Peace River area of Alberta. In particular, from July 13 to July 15, chairman Don Gray bought 265,500 common shares at an average price of $2.00. Mr. Gray is founder of Peyto Exploration & Development Corp.
Ted Dixon is CEO of INK Research, which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Infographic reflects public-market transactions of common shares or unit trusts by company officers and directors.