• JAPEX agreed to acquire Fundare, a U.S. tight oil and gas operator with assets in Colorado and Wyoming, for about USD 320 million.
• Deal targets operated leases near JAPEX’s Verdad position, aiming to lift scale, cut costs, and expand U.S. production.
• Fundare averaged about 9,500 boe/d net production in Q1 2026.
• Funding planned from Peoria cash flow and reserve-based lending; closing targeted in Q3 of the fiscal year ending March 2027.
• JAPEX expects at least JPY 1 billion operating profit contribution in the fiscal year ending March 2027, rising to about JPY 15 billion in FY ending March 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JAPEX - Japan Petroleum Exploration Co. Ltd. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.