Pacific Petroleum Operating, LLC has acquired producing oil and gas assets in Wyoming for $9.65 million, marking a strategic expansion into mature U.S. energy resources.

Target Information

Pacific Petroleum Operating, LLC has successfully acquired a portfolio of producing oil and gas assets in Wyoming for $9.65 million USD. This acquisition, finalized on June 11, 2025, represents a strategic effort to expand into mature U.S. energy assets. The obtained assets, sourced from a portfolio company of a prominent private equity firm, encompass producing fields including Hunt, Rose Creek, Shoshone North, and West Oregon Basin. These fields are characterized by their stable production levels and low decline rates, offering significant opportunities for near-term optimization, which aligns well with Pacific's strategic focus on generating income while mitigating risks.

The acquisition was executed via Pacific Petroleum Holdings, LP, a Delaware-based entity that is financially supported by institutional investors from Japan. To enhance cross-border tax efficiency, Pacific adopted a U.S. blocker structure. The operational management of the fields will be conducted by VCP Wyoming, LLC, a subsidiary of VCP Michigan, which brings a wealth of experience in North American oil and gas operations.

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