Pacific Petroleum Successfully Completes Strategic Acquisition of Wyoming Oil & Gas Assets

On June 11, 2025, Pacific Petroleum Operating, LLC, a subsidiary of Pacific Bays Capital, announced the completion of a significant acquisition in the U.S. oil and gas sector. The company has acquired a portfolio of oil-producing assets located in Wyoming from a prominent private equity group, together with its business partner VCP Operating, LLC, at a total price of $9.65 million USD.

This acquisition was effectively supported by institutional investors from Japan and was structured to optimize tax efficiency across borders. The general partner of Pacific Petroleum Management, LLC, is managing the operations, while VCP Wyoming, LLC, an affiliate of VCP Operating, will oversee field operations. VCP has a strong track record, having successfully operated in regions like Michigan and Texas, and brings over three decades of industry experience to this new collaboration.

Overview of the Acquired Assets

The newly acquired assets represent a mix of actively producing fields, namely the Hunt, Rose Creek, Shoshone North, and West Oregon Basin fields. These properties are noted for their stable base production, low decline rates, and the potential for near-term optimization opportunities, which are crucial for maintaining a competitive edge in the ever-evolving energy market.

Future Technology Integration Plans

As part of its forward-looking strategy, Pacific Petroleum aims to leverage advanced technologies to enhance operational efficiency and transparency in its investments. Under the guidance of Koji Muto, General Partner of Pacific Petroleum Management, LLC, and Geoff Masaaki Ayres, CEO of O-DE Capital Partners, initiatives focusing on next-generation technologies are on the table, especially regarding real-world asset tokenization to improve operational transparency and liquidity for investors.

Jason Nye, Managing Director at Pacific Petroleum Management, expressed pride in this acquisition, stating it marks a crucial development in their energy investment strategy in the U.S. He emphasized the intent to deliver sustainable value and reliable returns alongside VCP Operating's field-level expertise.

Toby Darden, Founder of VCP Operating, echoed this sentiment by highlighting their operational capabilities and commitment to unlocking additional value from the new portfolio.

Meanwhile, Koji Muto articulated the importance of balancing innovation with stability, noting that the tangible nature of oil and gas assets aligns well with the advancements in digital assets. He voiced optimism over transforming these traditional assets into new financial infrastructure through technological combinations.

Market Outlook and Commentary

The timing of this acquisition is considered strategically advantageous, given the current strength in West Texas Intermediate (WTI) crude oil prices and the resilience of the mature assets in Wyoming. Increased geopolitical tensions, particularly in the Middle East, could pressure global market prices further, making these assets more relevant during the global energy transition.

As states invest in renewable resources, Wyoming's mature oil assets are proving to be stable investments, demonstrating low breakeven costs and the capability to withstand market fluctuations. Pacific Petroleum's strategy aims to enhance the resilience of its portfolio through data-driven management and the innovative application of technology to ensure efficiency in operations.

About VCP and Pacific Petroleum

VCP, founded by industry veterans, has a proven history of developing and operating extensive acreage, emphasizing safe and responsible practices in their exploration efforts. Pacific Petroleum, on the other hand, serves as a U.S.-based energy investment platform aiming to optimize mature oil and gas assets while integrating capital market expertise with practical oversight.

As O-DE Capital Partners continues to support through investment and operational input, their collaborative efforts reflect a growing trend in the industry towards integrating traditional asset management with technological advancements, setting a precedent for future investments in the oil and gas sector.