Asset Transaction to Strengthen E&P Operations in 카지노 게임

카지노 게임 (JAPEX) through its overseas consolidated subsidiary JAPEX Norge AS (J Norge), has entered into the agreement with Aker BP ASA (AkerBP), a major oil and gas company in Norway, to ac (PL127C) and 3.5% interest in Verdande Unit development (PL127, PL127DS) in exchange for J Norge's 10% interest in license PL293B and PL293CS (containing Kveikje discovery), 15% in license PL118 20% in license PL1212S as well as a 14million US dollars.

Since entering the E&P business in 카지노 게임 in July 2023, JAPEX and J Norge has been advancing exploration activities and development studies in its licenses. In early 2025, we made a discovery in the Kjøttkake exploration well in the prolific Northern North Sea, and have made good progress in our initiatives to enhance the 카지노 게임 value, together with our adjacent Kveikje discovery.

This 카지노 게임 is aimed at increasing business value through accelerating production, within a short period of time from our recent Kjøttkake discovery, by way of acquiring two sanctioned development 카지노 게임s. The acquired development 카지노 게임s in the Norwegian Sea are expected to commence production in the near term, i.e. Verdande in autumn 2025 and Alve Nord.

This 카지노 게임 is expected to be completed in 2025 subject to approval by the Norwegian authorities. The impact on our consolidated financial results for the fiscal year ending March 2026 is expected to be minimal.

Through J Norge, we will continue to focus on acquiring interests to further expand our production and business 카지노 게임, striving to achieve sustainable growth and enhance medium- to long-term corporate value.