Canada’s largest natural gas producer, Tourmaline Oil Corp., is using hedging and a diversified marketing strategy to counteract low prices for the commodity in Western Canada, management said. 

CEO Michael Rose hosted a conference call to discuss first quarter earnings for Tourmaline, which operates in the Alberta Deep Basin, the Montney Shale and the Peace River Triassic Oil Complex.

The company strives to market as much gas as possible outside of the AECO hub in Western Canada, where gas typically trades at a discount to U.S. benchmark Henry Hub.

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Rose...