Acquisition of US Tight Oil and Gas Assets by JAPEX
Sector: Oil and Gas • Location: United States
Source: Business Standard
Japan Petroleum Exploration (JAPEX) will acquire Verdad Resources Intermediate Holdings LLC (VRIH), which owns tight oil and gas assets in Colorado and Wyoming, USA. The transaction is valued at $1.3 billion and is expected to close by the end of February 2026. JAPEX aims to increase production from 35,000 barrels of oil equivalent per day to approximately 50,000 boed by 2030 and plans to expand f
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Participants
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Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Japan Petroleum Exploration (JAPEX) will acquire Verdad Resources Intermediate Holdings LLC (VRIH), which owns tight oil and gas assets in Colorado and Wyoming, USA. The transaction is valued at $1.3 billion and is expected to close by the end of February 2026. JAPEX aims to increase production from 35,000 barrels of oil equivalent per day to approximately 50,000 boed by 2030 and plans to expand further through additional acquisitions. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
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Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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