Loan for Acquiring Equity in an Oil and Gas Development Company
Supporting Overseas Resources Development by Japanese Companies

  • Area: North America
  • Energy and Natural Resources

JBIC signed a loan agreement with JD Rockies Resources Limited (JDR), a wholly owned U.S. subsidiary of ITOCHU Corporation. The loan provides the necessary funds for ITOCHU Corporation to acquire equity in the U.S. oil and gas development company Samson Investment Company (Samson) through JDR. Samson produces the largest volume of oil and gas among unlisted oil and gas development companies in the U.S., and over the past several years, it has also been developing unconventional natural resources. This loan will also help to expand opportunities for Japanese companies to participate in unconventional natural resources development projects.

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