Japex to Acquire US Tight Oil and Gas Assets for $320 Million
Japan Petroleum Exploration Company has agreed to purchase tight oil and gas assets in the United States for $320 million.
Japan Petroleum Exploration Company (Japex) has announced an agreement to acquire tight oil and natural gas assets located in the United States for $320 million, according to Energynow.
The transaction represents a strategic expansion for the company into North American energy production sectors. Further details regarding the specific location of the assets and the expected timeline for the transaction's close were not disclosed in the initial report.
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Key facts
- Buyer: Japan Petroleum Exploration Company (Japex)
- Target: United States tight oil and gas assets
- Transaction Value: $320 million
Source: news.google.com
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