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Announced

JAPEX to invest in Peoria Resources.

Synopsis

JAPEX, a company specializing in energy investments and onshore oil and gas exploration, agreed to invest in Peoria Resources, a Houston-based company focused on acquiring and developing operated oil and natural gas assets. Financial terms were not disclosed. "We are excited to partner with JAPEX to build a healthy, scalable operated oil and gas business, employing top notch staff who deliver quality choices for cash flow and additional equity investment across both short and long term horizons," Greg West, Peoria Resources CEO.

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