Key Developments: Japan Petroleum Exploration Co Ltd (1662.T)

1662.T on Tokyo Stock Exchange

4,135JPY
19 Sep 2014
Price Change (% chg)

¥35 (+0.85%)
Prev Close
¥4,100
Open
¥4,110
Day's High
¥4,135
Day's Low
¥4,075
Volume
200,600
Avg. Vol
220,781
52-wk High
¥4,480
52-wk Low
¥3,260

Search Stocks

Latest Key Developments (Source: Significant Developments)

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

Japan Petroleum Exploration raises consolidated full-year outlook for FY 2014
Friday, 25 Apr 2014 03:00am EDT 

Japan Petroleum Exploration Co Ltd:Says the company increased the consolidated full-year outlook for revenue to 276,589 million yen from 272,802 million yen for the fiscal year ended March 2014.Sees an increased operating profit forecast to 24,609 million yen from 21,540 million yen.Sees an increased ordinary profit forecast to 43,864 million yen from 38,083 million yen.Sees an increased net profit forecast to 29,015 million yen from 24,089 million yen.Sees an increased earnings per share to 507.68 yen from 421.49 yen.Comments the increase of oil price are the main reasons for the forecast.  Full Article

Japan Petroleum Exploration subsidiary to buy mining interests
Tuesday, 25 Mar 2014 02:00am EDT 

Japan Petroleum Exploration Co Ltd:Newly set up subsidiary JAPEX UK E&P LIMITED to buy 15 pct, 5 pct and 10 pct mining interests of mining zones from Apache North Sea, subsidiary of Apache Corp.Acquired Seagull, Val D’Isere and Les Arcs mining zones located in the British territory North Sea.  Full Article

Japan Petroleum Exploration Co Ltd raises consolidated full-year forecast for FY 2014
Friday, 7 Feb 2014 02:00am EST 

Japan Petroleum Exploration Co Ltd:Sees consolidated full-year revenue of 272,802 million yen for the fiscal year ending Mar. 31, 2014, compared to the previous forecast of 232,692 million yen.Sees operating profit of 21,540 million yen, compared to the previous forecast of 20,722 million yen.Sees ordinary profit of 38,083 million yen, compared to the previous forecast of 28,783 million yen.Sees net profit of 24,089 million yen, compared to the previous forecast of 21,511 million yen.Sees earnings per share of 421.49 yen, compared to the previous forecast of 376.39 yen.Says this is due to increased sales income and investment income.FY 2014 revenue of 247,560 million yen and net profit of 24,530 million yen - Thomson Reuters I/B/E/S.  Full Article

Japan Petroleum Exploration Co Ltd won offshore Exploration Licenses, Kanumas Area, Greenland Self-Government
Tuesday, 24 Dec 2013 01:00am EST 

Japan Petroleum Exploration Co Ltd: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

Japan Petroleum Exploration Co Ltd Raises Consolidated Mid-year Outlook for FY 2014
Friday, 25 Oct 2013 03:00am EDT 

Japan Petroleum Exploration Co Ltd announced that it has raised consolidated mid-year outlook for revenue from JPY 99,741 million to JPY 120,282 million, operating profit from JPY 9,294 million to JPY 11,544 million, ordinary profit from JPY 12,462 million to JPY 19,902 million, net profit from JPY 9,677 million to JPY 15,883 million, earnings per share from JPY 169.31 to JPY 277.91 for the fiscal year ending March 2014. The positive outlook is mainly due to more-than-expected sales.  Full Article

Japan Petroleum Exploration Co Ltd Announces Acquisition of Interest in Kerapu Block, Indonesia and Establishment of New Subsidiary
Thursday, 11 Jul 2013 02:00am EDT 

Japan Petroleum Exploration Co Ltd announced that through its newly established wholly owned subsidiary, Japex West Natuna Limited., it has signed an agreement to acquire a 30% participating interest in the Kerapu Block, located in the West Natuna Sea, Indonesia from a wholly owned subsidiary of Mubadala Petroleum which holds a 100% interest in the Kerapu Block at the date of signing the agreement. Japex West Natuna Limited was established on July 17, 2013.  Full Article

INPEX CORP, Itochu Corp, Japan Petroleum Exploration Co Ltd, Marubeni Corp and ITOCHU Oil Exploration Co., Ltd's Joint Venture Signs MOU with Gazprom
Sunday, 23 Jun 2013 08:00pm EDT 

INPEX CORP announced that its joint venture, formed with Itochu Corp, Japan Petroleum Exploration Co Ltd, Marubeni Corp and ITOCHU Oil Exploration Co., Ltd, has signed a Memorandum of Understanding (MOU) with Russia's state-owned company, Gazprom, to discuss on establishment of a joint venture to be engaged in LNG project in Vladivostok, as well as collaboration of marketing in Japan.  Full Article

Japan Petroleum Exploration Co Ltd to Establish Joint Venture with SUMITOMO CORPORATION and Sumitomo Corporation Hokkaido to Start Solar Power Generation Business
Tuesday, 4 Jun 2013 02:00am EDT 

Japan Petroleum Exploration Co Ltd announced that it will establish a joint venture with SUMITOMO CORPORATION and Sumitomo Corporation Hokkaido, to start solar power generation business, in November 2014.  Full Article

Japan Petroleum Exploration Co Ltd Raises Full-year Consolidated Outlook for FY 2013
Friday, 26 Apr 2013 03:00am EDT 

Japan Petroleum Exploration Co Ltd announced that it has raised its full-year consolidated outlook for revenue from JPY 228,749 million to JPY 231,086 million, operating profit from JPY 11,925 million to JPY 13,906 million, ordinary profit from JPY 25,031 million to JPY 28,083 million, net profit (loss) from JPY (5,152 million) to JPY (865 million), and earnings (loss) per share from JPY (90.15) to JPY (15.14), for the fiscal year ended March 31, 2013. The Company raised its full-year consolidated outlook mainly due to the increase in sales price of oil and natural gas as well as depreciation of yen. According to I/B/E/S Estimates, analysts on average are expecting the Company to report its full-year consolidated outlook for revenue of JPY 225,630 million, operating profit of JPY 11,760 million and net profit (loss) of JPY (7,420 million), for the same fiscal year.  Full Article

Search Stocks