How Canadian Natural Resources beat Encana to become Canada’s top natural gas producer

Canadian Natural Resources Ltd has bought up about 12,000 natural gas wells across Alberta over the last two years, a Reuters analysis of regulatory data shows, becoming the country’s largest natural gas producer as rivals sold assets or held steady in a tough market.

The counter-cyclical shopping spree helped CNRL push its Alberta well count up 60 per cent between the end of 2013 and the end of 2015, building a dominant position in the province and overtaking Encana Corp. to become Canada’s top producer.

Read the full article on Financial Post.