Alberta: Insider trading alleged at Calgary oil and gas firm

The ASC says that in early 2009 Memet Kont, then the chief operating officer of Calvalley Petroleum and now its president, and then-senior reservoir engineer Kevin Dougald MacArthur “were in possession of material information not publicly disclosed at the time when they purchased Calvalley Petroleum shares.”

Alberta: Insider trading alleged at Calgary oil and gas firm, Calgary Herald

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