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Title : Friday, March 1, 2019, T+58 -- The Japanese Enter The US Tight Oil Play
link : Friday, March 1, 2019, T+58 -- The Japanese Enter The US Tight Oil Play

Friday, March 1, 2019, T+58 -- The Japanese Enter The US Tight Oil Play

The Japanese enter the US tight oil play, link here:

Inpex Corporation revealed Friday that its subsidiary, Inpex Americas Inc, has reached an agreement with GulfTex Energy to acquire “multiple development and production assets” in the Eagle Ford play in Texas.

Most assets pertaining to the purchase are located in Karnes County, Inpex revealed. The acquisition marks Inpex’s entry into the U.S. tight oil development and production business.

Headquartered in Japan, Inpex Corporation is the country’s largest exploration and production company. Inpex is currently involved in approximately 70 projects across more than 20 countries, including the Ichthys LNG Project in Australia as operator. The company’s president and CEO is Takayuki Ueda.

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