Key Developments: Inpex Corp (1605.T)

1605.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

INPEX CORP acquires additional participating interest of project through subsidiary
Wednesday, 9 Jul 2014 02:00am EDT 

INPEX CORP:Subsidiary Teikoku Oil (North America) Co., Ltd. acquired an additional participating interest in the Lucius deepwater US Gulf of Mexico project from Apache Corporation.Says holding 7.75309 pct participating interest in the Lucius project after acquisition.  Full Article

Japan Petroleum Exploration Co Ltd (JAPEX) , JDC and INPEX to jointly support a JOGMEC’s studies on “Medium and Long-term Offshore Production Test of Methane Hydrate”
Monday, 16 Jun 2014 02:00am EDT 

Japan Petroleum Exploration Co Ltd:JAPEX,Japan Drilling (JDC) and INPEX CORPORATION (INPEX) to jointly support Japan Oil, Gas and Metals National Corporation (JOGMEC) studies on “Support Work Related to Studies on the Basic Policy and Plan for the Medium and Long-Term Offshore Production Test of Methane Hydrate”.Period of the commissioned work starts from May 27 to October 31.Contents of the commissioned work are support for the formulation of the basic policy (draft), technical studies necessary for the formulation of the basic plan for the test and collection of technical information.JAPEX acts representative company of the Three Joint Commissioned Companies and the Three Joint Commissioned Companies established a support work management team and jointly manage the progress in the commissioned work, with JAPEX acting as the leader of the team.  Full Article

INPEX CORP awarded permit to explore Block WA-504-P (exploration block) offshore Western Australia
Friday, 13 Jun 2014 03:00am EDT 

INPEX CORP:Subsidiary INPEX Browse E&P Pty Ltd (INPEX Browse) awarded an exploration permit for release area WA-504-P (the block).INPEX Browse will hold a 40% participating interest in the block and Santos will hold a 60% participating interest serving as operator.  Full Article

CGX Energy announces drilling rig LOI with INPEX and Japan Drilling Co., Ltd
Monday, 2 Jun 2014 08:30am EDT 

CGX Energy Inc:Enters into a binding letter of intent with Teikoku Oil (Suriname) Co., Ltd., a wholly-owned subsidiary of INPEX Corp and Japan Drilling Co., Ltd., for use of the jack-up drilling rig known as the "Hakuryu-12" rig.  Full Article

INPEX signs LNG sales agreement with Tokyo Electric Power and SHIZUOKAGAS
Thursday, 29 May 2014 04:30am EDT 

INPEX CORP:Signed Heads of Agreements (HOAs) on May 29 with Tokyo Electric Power Co Inc. (TEPCO) and SHIZUOKAGAS CO LTD for the sales and purchase of liquefied natural gas (LNG) from the Prelude FLNG project (the Project) in Australia.The company is holding 17.5 pct equity interest in the Project through subsidiary INPEX Oil & Gas Australia Pty Ltd. (IOGA).TEPCO to purchase about 0.56 million tonnes per annum (MTPA) of LNG and SHIZUOKAGAS to purchase about 0.07 MTPA of LNG for 8 years commencing in 2017, both using “Delivered Ex Ship” trade terms.  Full Article

INPEX granted Exploration Block WA-502-P offshore Western Australia
Friday, 16 May 2014 04:00am EDT 

INPEX CORP:Says subsidiary, INPEX Browse E&P Pty Ltd, has been granted Release Area WA-502-P (the Block) as an exploration permit following the 2013 Australian Offshore Petroleum Acreage Release.Subsidiary will hold a 40 pct participating interest in the Block while Santos will hold a 60 pct participating interest as an operator.  Full Article

Japan Real Estate Investment Corp to acquire property from INPEX CORP
Tuesday, 4 Feb 2014 01:00am EST 

INPEX CORP:Japan Real Estate Investment Corp says to acquire approximately 32.42 pct interest in a property located in Tokyo, from INPEX CORP for 10,512 million yen on Feb. 18.Japan Real Estate Investment will hold approximately 44.72 pct interest up from 12.30 pct in the property.  Full Article

INPEX CORP announces extension of concession agreement for Upper Zakum Oil Field offshore Abu Dhabi, UAE
Monday, 20 Jan 2014 05:30pm EST 

INPEX CORP:Says government of Abu Dhabi has decided on the extension of the Concession for the Upper Zakum Oil Field, offshore Abu Dhabi, United Arab Emirates (UAE).Says the Concession has been extended to Dec. 31, 2041 by adding more than 15 years to the previous term.Says the Upper Zakum is being jointly developed by Abu Dhabi National Oil Company (60 pct), Exxon Mobil (28 pct) and Japan Oil Development Co., Ltd (12 pct), a subsidiary of INPEX CORP.  Full Article

R&I affirms INPEX CORP's rating at "AA-" and rating outlook stable
Thursday, 26 Dec 2013 01:00am EST 

INPEX CORP:Rating and Investment Information, Inc. (R&I) has affirmed the rating on INPEX CORP at "AA-".The rating outlook is stable.  Full Article

INPEX CORP won offshore Exploration Licenses, Kanumas Area, Greenland Self-Government
Tuesday, 24 Dec 2013 01:00am EST 

INPEX CORP:Says it won the two offshore exploration licenses, Block 9 and Block 14, in the Kanumas Area, northeastern part of offshore Greenland, jointly with Chevron and Shell, through Greenland Petroleum Exploration Co., Ltd.Says the Joint venture has also entered into the licensing contracts for Block 9 and Block 14 and concluded as 2013/45 License and 2013/46 License, respectively, with the Ministry of Industry and Mineral Resources of Greenland.  Full Article

Nikkei falls to fresh 2 1/2-week low on Iraq concerns; oil shares surge

* Inpex, Japex surge on rising oil prices * Nikkei options and futures settlement price likely be near-term support By Ayai Tomisawa TOKYO, June 13 - Japan's Nikkei share average fell to a fresh 2 1/2-week low on Friday morning as fears for Iraq escalated, with oil shares soaring on rising oil prices. The Nikkei dropped 0.8 percent to 14,855.72 in midmorning trade. It fell as low as 14,830.99, the lowest since June 2. For the week, the index has shed 1.5 percent. I

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