Latest Japan Petroleum Exploration News & Updates

See the latest news and media coverage for JAPEX. We track all announcements, press releases, and industry mentions in real time, all in one place.

Japan Petroleum Exploration (JAPEX)

Oil and natural gas exploration and integrated energy company

japex.co.jp

Company type: Public company
Number of employees: 1,000–5,000
Industry: Oil & Gas Exploration and Production

Last updated October 2

Latest news about Japan Petroleum Exploration (JAPEX)

In short: JAPEX set a ¥1.5 trillion growth-investment plan and a ¥100 billion FY2035 net-profit target.

Company announcements

October 2 JAPEX

JAPEX completes acquisition of all interests in Fundare

The acquisition price was USD 278 million, of which approximately USD 220 million was raised through a loan secured by proven reserves.

September 1 JAPEX

JAPEX aims for a net profit of 100 billion yen by fiscal 2035

It has set targets of 1.5 trillion yen in growth investments, production volume of 180,000 boe/d, and cumulative CO2 storage of 8 million tons, with a net profit of 53.4 billion yen and an ROE of 9.2% in fiscal 2025.

August 6 JAPEX

JAPEX to acquire US Tight Oil & Gas assets for approximately $320 million

It will acquire all stakes in four Fundare companies, making them consolidated subsidiaries. Production volume is approximately 9,500 boed, with the transfer expected in the third quarter of the fiscal year ending March 2027.

August 6 JAPEX

JAPEX raises consolidated earnings forecast for the fiscal year ending March 2027

It forecasts sales of 314 billion yen, operating profit of 46 billion yen, and net income of 65 billion yen. The increase is attributed to higher crude oil selling prices and gains from the sale of investment securities.

Media coverage

April 21 CNA

Japex aims to quadruple oil and gas output in 10 years, eyes US expansion

TOKYO, April 22 : Japan Petroleum Exploration said on Wednesday it plans to quadruple its oil and gas output over the next decade, investing 1.16...

December 18, 2025 Reuters

Japan's JAPEX buys US tight oil and gas assets in $1.3 billion deal | Reuters

TOKYO, Dec 18 (Reuters) - Japan Petroleum Exploration (1662.T), opens new tab said on Thursday it will acquire Verdad Resources Intermediate Holdings LLC (VRIH), which...

December 5, 2025 Yahoo Finance

Japex to acquire US tight oil and gas producer VRIH for $1.3bn

Japan Petroleum Exploration (Japex) has announced plans to acquire Verdad Resources Intermediate...

March 25, 2025 Law360

Ithaca Energy To Buy Japex's North Sea Biz In $193M Deal - Law360

Britain's Ithaca Energy PLC said Tuesday that it will buy the U.K. subsidiary of Japan Petroleum Exploration Co. Ltd. in a $193 million deal to...

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