JAPEX Acquisition of Verdad Resources Shale Assets
One of 10,000+ projects Taiyo tracks in United States.
Source: Crude Oil Prices Today | OilPrice.com
Japan's JAPEX has agreed to acquire shale oil and gas asset owner Verdad Resources Intermediate Holdings for $1.3 billion. The assets are located in Wyoming and Colorado and currently produce 35,000 barrels of oil equivalent daily. JAPEX plans to increase production to 50,000 barrels daily by 2030.
- Status
- Closed
- Sector
- Oil and Gas
- Location
- United States of America
- Updated
- 22 Jul 2026
- Source
- Crude Oil Prices Today | OilPrice.com
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Project Information
Participants
Company |
Status
Original status | awarded |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Japan's JAPEX has agreed to acquire shale oil and gas asset owner Verdad Resources Intermediate Holdings for $1.3 billion. The assets are located in Wyoming and Colorado and currently produce 35,000 barrels of oil equivalent daily. JAPEX plans to increase production to 50,000 barrels daily by 2030. |
Original sector | Energy |
Budget |
Location
Country | United States of America (USA) |
Source
Source | Crude Oil Prices Today | OilPrice.com |
URL |
More Details
Record type | Project |
Sector | Oil and Gas |
Article published date | 2025-12-21 |
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