To read the full article visit http://www.beaconequity.com/ – News and Commentary
The foremost role of an industry study and strategic repositioning plan is to strike a balance between industrial capacity utilization and supply or resource acquisition that contributes to cost on one hand, and production or revenue generation and demand on the other. This has helped lay stronger foundation in oil companies and the oil industry in broader respect. A recent study identifies that it is the underlying decline of the world's major fields that is the dominant driving factor in oil price increases. Vanguard Natural Resources, LLC (VNR), an independent natural gas and oil company, through its subsidiaries, focuses on the acquisition, development, and exploitation of natural gas and oil properties.
For more than 20 years now, the world is consuming 30-plus billion barrels a year of oil but is sourcing seven or eight billion barrels a year. This ratio obviously shows that it is unsustainable and the world is increasingly drawing on the bigger older fields. Vanguard Natural Resources, LLC, operating within the oil and gas industry, is actively finding strategic means to maximize production and optimize its capacity and resources.
To read the full article visit http://www.beaconequity.com/ – News and Commentary
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