Thursday, August 6, 2026
Japex to buy US tight oil and gas assets for $320 million- oil and gas 360

Japex to buy US tight oil and gas assets for $320 million

(BOE Report) – Japan Petroleum Exploration said on Thursday it will acquire all equity interests in four Fundare companies holding tight oil and gas assets in Colorado and Wyoming for about $320 million. * The acquisition, expected to close in the October-December quarter, follows the purchase of adjacent Verdad Resources assets in February and is expected to lower costs through

JAPEX secures DJ basin tight oil assets in $1.3-billion Verdad deal- oil and gas 360

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

(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,