Japan Petroleum Shares Surge to 17-Year High After $1.3B U.S. Asset Deal
Japan Petroleum Exploration Co., Ltd. (JAPEX) has captured investor attention this week as its shares surged to levels not seen since 2008, driven by a major strategic move into the U.S. energy market. The company announced it will acquire tight oil and gas assets in the United States for about $1.3 billion, a transaction that analysts say boosts production scope and future growth prospects.
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