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Western Energy Services (T:WRG) has notable insider buying

Updated Tuesday Jan 16, 2018 02:51 AM EDT

Western Energy Services Corp (WRG) has a high amount of executive buying compared to its small-cap peers over the past three months.

Ronald Mathison, a Director, acquired 2,508,800 Common Shares on an indirect ownership basis for registered holder Matco Investments Ltd. at a price of $1.320 through the public market on January 12th, 2018. This represents a $3,311,616 investment into the company's shares and an account share holdings change of greater than 100%.

Western Energy Services is in the Oil & Gas Drilling Sub Industry Group under the Energy Sector.

Western Energy Services Corp. is a Canada-based oilfield service company. The Company is focused on three core business lines: contract drilling, well servicing and oilfield rental equipment services. It operates in the oilfield service industry through its contract drilling segment in Canada and the United States, and through its production services segment in Canada. The Contract drilling segment includes drilling rigs along with related ancillary equipment and provides services to oil and natural gas exploration and production companies. The Production services includes well servicing rigs and related equipment, as well as oilfield rental equipment and provides services to oil and natural gas exploration and production companies and in the case of oilfield rental equipment, to other oilfield service companies as well. It provides contract drilling services through its division, Horizon Drilling in Canada, and its subsidiary, Stoneham Drilling Corporation, in the United States.

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Go to Western Energy Services Corp (WRG)'s company page

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