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JAPEX Acquisition of Verdad Resources Shale Assets

One of 10,000+ projects Taiyo tracks in United States.

Source: Crude Oil Prices Today | OilPrice.com

Project
Awarded

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

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The project “JAPEX Acquisition of Verdad Resources Shale Assets” is an infrastructure initiative in the Oil and Gas sector, located in United States. Taiyo aggregates data on it from Crude Oil Prices Today | OilPrice.com.

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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