January 30, 2015 5:15 AM ET

Energy Equipment and Services

Company Overview of The Japan Oil, Gas and Metals National Corporation

Company Overview

Japan oil, Gas and Metals National Corporation provides financial assistance, technology development and technical support, stockpiling, gathering/providing information, mine pollution control, and overseas field survey services in Japan and internationally. The company offers financial assistance for oil and gas exploration and production projects, as well as for exploration and development of metallic mineral resources through equity capital and liability guarantees. It also manages stockpiling of petroleum, LP gas, and rare metals, including the construction of stockpiling bases. In addition, the company provides oil recovery, oil and gas reservoir detection and characterization, well dri...

Toranomon Twin Building

2-10-1 Toranomon

Minato-ku

Tokyo,  105-0001

Japan

Founded in 1963

481 Employees

Phone:

81 3 6758 8000

Fax:

81 3 6758 8008

Key Executives for The Japan Oil, Gas and Metals National Corporation

Executive Director
Executive Director
Executive Director
Executive Director
Compensation as of Fiscal Year 2014.

The Japan Oil, Gas and Metals National Corporation Key Developments

JOGMEC Presents at Global Pacific & Partners 21st Africa Oil Week Conference 2014, Nov-06-2014 02:30 PM

JOGMEC Presents at Global Pacific & Partners 21st Africa Oil Week Conference 2014, Nov-06-2014 02:30 PM. Venue: International Convention Centre, Cape Town, South Africa. Speakers: Takashi Yoshida, Director General, Oil & Gas Upstream Business Unit.

Cockatoo Coal Limited and JOGMEC Enters into Joint Exploration Agreement

Cockatoo Coal Limited and JOGMEC entered into a Joint Exploration Agreement ('JEA') to undertake an extensive exploration program on Cockatoo's wholly owned Dingo West project. Under the terms of the JEA, JOGMEC will provide up to $3.5 million to Cockatoo over a three year period, for exploration expenditure on the Dingo West project. JOGMEC will earn up to a 35% economic interest in the Dingo West project, whilst also possessing the right to assign that interest to a Japanese nominee company in future, in order to progress the project to development. Commencement of the JEA is subject to Australian Foreign Investment Review Board approval. The Dingo West Project is a 76km2 area consisting of Exploration Permits for Coal 1535 and 1562 located in the South-Eastern limb of the Bowen Basin, and is approximately 50 km north of Cockatoo's Baralaba mining complex, and is also adjacent to Cockatoo's 30% owned Dingo joint venture project with Whitehaven Coal.

Peel Mining Executes $7,000,000 Farm-In Agreement with JOGMEC

Peel Mining Limited announced that Peel (CSP) Pty Ltd. has entered into a Memorandum of Agreement (MoA) with Japan Oil, Gas and Metals National Corporation (JOGMEC), for JOGMEC to earn up to 50% of certain exploration tenements owned by the company by funding up to $7,000,000 of exploration expenditure. JOGMEC has the right to earn a 40% interest in the Cobar Superbasin Project by funding AUD 4,000,000 of exploration expenditure on the Project tenements over a period of up to 3 years. JOGMEC has the right to earn a further 10% interest in the Project tenements, by funding a further AUD 3,000,000 of exploration expenditure on the tenements over a period of up to 2 further years. JOGMEC is required to spend a minimum of $500,000 before withdrawing from the Agreement. Peel to act as operator of the project on behalf of the parties during the farm-in and any subsequent joint venture unless JOGMEC becomes a majority owner at which point the Operator shall be appointed by JOGMEC.

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