Pacific Petroleum, a Delaware-based energy asset management company, has announced the acquisition of a portfolio of oil assets located in Wyoming for a total amount of $9.65mn (8.85mn €). The transaction, completed through Pacific Petroleum Holdings, LP and supported by Japanese institutional investors, aims to strengthen the group’s presence in the North American oil market while paving the way for technological innovation in energy asset management.
Structure and partners of the acquisition
The deal also involves VCP Operating, LLC, an operating company affiliated with VCP Michigan, which specialises in the operation of oil fields in the United States. The acquired assets include several producing fields, among them Hunt, Rose Creek, Shoshone North and West Oregon Basin. According to data provided by the stakeholders, these properties offer stable production, low decline rates and near-term optimisation opportunities. On-site operations will be managed by VCP Wyoming, LLC, a subsidiary of VCP Michigan.
To facilitate cross-border structuring, the Pacific Petroleum investment vehicle uses a U.S. “tax blocker” company, enabling international investors, particularly from Japan, to access the American energy market more efficiently. Pacific Petroleum Management, LLC acts as the fund’s general partner.
Focus on digitalisation and tokenisation
The announced investment strategy leverages the joint expertise of Koji Muto, General Partner of Pacific Petroleum Management, LLC, and Geoff Masaaki Ayres, Chief Executive Officer of O-DE Capital Partners in Hong Kong. O-DE Capital, a specialist in Web3 asset management and fintech, supports the project with the potential integration of technologies such as real-world asset (RWA) tokenisation. This approach aims to deliver greater operational transparency and new liquidity options for institutional investors.
Fund partners highlight that integrating tokenisation into legacy oil assets could transform them into financial products aligned with the emerging standards of digital markets. Proved Developed Producing (PDP) investments—assets generating steady cash flows—are considered particularly suitable for digitalisation due to their tangible and auditable nature.
Market context and sector outlook
The acquisition takes place in a stable environment for Wyoming’s mature oil assets, characterised by low production costs and strong resistance to market volatility. The current strength of West Texas Intermediate (WTI) and the economic resilience of the targeted fields are regarded as positive for the optimisation of operating margins. Ongoing geopolitical tensions, especially in the Middle East, could further increase crude prices in the near term.
The transaction also reflects a broader trend, as conventional assets continue to play a central role in global energy security. The potential transformation of these markets by technology is attracting financial players looking to combine returns, stability and innovation. “VCP brings over thirty years of field-level operational experience and aims to maximise the value of this portfolio alongside Pacific Petroleum,” stated a senior executive involved in the transaction.
