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Allis-Chalmers Director Buys Shares



By AP
14 February 2008 @ 03:40 pm EST

NEW YORK - A director of oilfield service provider Allis-Chalmers Energy Inc. bought 101,100 shares of common stock, according to filings with the Securities and Exchange Commission.

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ALY 11.92 0.02

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In Form 4s filed with the SEC Wednesday, Alejandro Pedro Bulgheroni reported buying the shares on Tuesday for $10.34 to $10.80 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Allis-Chalmers is based in Houston.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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