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Japan Petroleum Exploration Co Ltd (1662.T)

1662.T on Tokyo Stock Exchange

22 Jul 2016
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¥-41 (-1.88%)
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Latest Key Developments (Source: Significant Developments)

Japan Petroleum Exploration Co Ltd to acquire participating interests and sets up new subsidiary
Wednesday, 15 Oct 2014 02:00am EDT 

Japan Petroleum Exploration Co Ltd:Through subsidiary JAPEX UK E&P CENTRAL LIMITED and financial assistance of Japan Oil, Gas and Metals National, the option has been exercised under the agreement with Apache to acquire increased working interests in License P1998 (the Val D’Isere prospect) and P2001 (the Les Arcs prospect).In return for the payment of certain well and other costs, JUKC can now acquire a 10 pct working interest in the Val D’Isere prospect and a 20 pct working interest in the Les Arcs prospect.Set up a subsidiary APEX UK E&P CENTRAL LIMITED in London on Sep. 15.  Full Article

Japex to keep Canada oil sands ops idle after fire due to low prices

TOKYO Japan Petroleum Exploration (Japex) will not restart production at its Hangingstone oil sands concession in Alberta, Canada, for the foreseeable future due to low prices, even after devastating fires in the area were brought under control.