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Conflicting headlines about Iran war peace negotiations have sent oil and gas stocks on a volatile ride this month. For example, on April 8th Tamarack Valley Energy closed down 7.1 per cent. As the stock fell, vice-president of production and operations Scott Shimek bought 43,000 shares in the public market at $10.50. A week later, the stock was trading higher and two senior officers bought the rebound with Ben Stoodley acquiring 10,000 shares at $11.09 while Rocky Baker bought 4,455 shares at an average price of $11.23.
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 at www.inkresearch.com. 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.
Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.