March 31, 2025
Willkie represented Peoria Resources, LLC, a newly formed exploration and production company, in connection with an equity commitment from JAPEX (U.S.) Corp., the overseas consolidated subsidiary of Japan Petroleum Exploration Co. Ltd. (“JAPEX”).
On March 27, JAPEX (U.S.) Corp. announced the closing of an equity commitment to Peoria Resources in support of the company’s acquisition and development of operated oil and natural gas assets in the lower 48. The partnership with Peoria is part of JAPEX's plan to acquire operated U.S. onshore oil and gas assets while investing $1.5 billion in exploration and development projects from FY 2022 through the end of FY 2030.
Peoria Resources is a Houston-based exploration and production company founded by Greg West and David Kita, who were previously members of the management team at Treadstone Energy Partners.
The Willkie team was led by partners Brad Honeycutt and Sidney Nunez and included partner Tan Lu and associates Hayden Kursh and Katherine Lubrano.
On March 27, JAPEX (U.S.) Corp. announced the closing of an equity commitment to Peoria Resources in support of the company’s acquisition and development of operated oil and natural gas assets in the lower 48. The partnership with Peoria is part of JAPEX's plan to acquire operated U.S. onshore oil and gas assets while investing $1.5 billion in exploration and development projects from FY 2022 through the end of FY 2030.
Peoria Resources is a Houston-based exploration and production company founded by Greg West and David Kita, who were previously members of the management team at Treadstone Energy Partners.
The Willkie team was led by partners Brad Honeycutt and Sidney Nunez and included partner Tan Lu and associates Hayden Kursh and Katherine Lubrano.
