Acquisition of 카지노 사이트 추천 to Strengthen E&P Operations in Norway

Japan Petroleum Exploration Co., Ltd. (JAPEX) hereby announces that its consolidated overseas subsidiary, JAPEX Norge AS ("J Norge"), has entered into an agreement to acquire a 20% participating interest inEA Production Norwegian oil and gas company. The license includes the Mistral South gas field, a discovered but currently undeveloped field, as well as the Mistral North exploration prospect, both located in Norway.

J Norge has steadily advanced its business while maintaining profitability by building a well-balanced portfolio of assets spanning different phases, including exploration, development, and production. To further expand setse acqui, 카지노 사이트 추천s in areas where production infrastructure such as pipelines and processing facilities is already in place, enabling cost-efficient development.

PL1119 is located in the Norwegian Sea in an area with established production infrastructure nearby. For the Mistral South gas field, J Norge will advance the development together with its operator and partners, aiming to commence production from the ears exploration phase, with an exploration well planned for early 2027. The 카지노 사이트 추천 also holds additional prospectivity.

This transaction is expected to be completed around summer 2026, subject to approval by the Norwegian authorities.

JAPEX and J Norge will expand our Norwegian E&P operations by pursuing opportunities to acquire additional 카지노 사이트 추천s, as well as business acquisitions, aiming for sustainable growth and enhancing corporate value over the medium tolong .