Japex

JAPEX secures DJ basin tight oil assets in $1.3-billion Verdad deal

December 19, 2025

(World Oil)– Japan Petroleum Exploration Co., Ltd. (JAPEX) has approved the acquisition of U.S. tight oil and gas assets through the purchase of all equity interests in Verdad Resources Intermediate Holdings LLC, marking a significant expansion of its North American upstream portfolio. The transaction will be executed via Peoria Resources Acquisition Company, LLC, an overseas subsidiary managed by Peoria Resources,

Japan’s JAPEX buys US tight oil and gas assets in $1.3 billion deal

December 18, 2025

(BOE Report)– Japan Petroleum Exploration said on Thursday it will acquire Verdad Resources Intermediate Holdings LLC (VRIH), which owns tight oil and gas assets in the U.S. for $1.3 billion in its largest-ever deal. JAPEX will buy VRIH, which holds assets in Colorado and Wyoming, from Verdad Resources Feeder LLC using a mix of its own funds and debt. The

Japex shifts focus back to oil and gas exploration

February 20, 2025

(Oil Price) – Japanese oil and gas firm Japex is pivoting back to its core business after seeing poor returns in the renewable energy sector, as it becomes the latest major company to scale back green energy investments. “For now, the investment focus will remain on oil and gas exploration and production… as securing a fair return from renewable energy sources

JAPEX secures DJ basin tight oil assets in $1.3-billion Verdad deal

Japan’s JAPEX buys US tight oil and gas assets in $1.3 billion deal

Japex shifts focus back to oil and gas exploration

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