Pacific Petroleum Completes Major U.S. Oil & Gas Acquisition
Deal News | Jul 24, 2025 | PR Newswire Cision Pacific Bays Capital
Pacific Petroleum, a fund of Pacific Bays Capital, announced the completion of its acquisition of oil assets in Wyoming from a portfolio company of a private equity group for $9.65 million. The deal, finalized on June 11, 2025, was conducted with the help of business associate VCP Operating, LLC. The Delaware-based investment vehicle is backed by Japanese institutional investors and utilizes a U.S. tax blocker to maximize cross-border efficiency. VCP Wyoming, LLC, an affiliate of VCP Operating, will manage field operations. With assets including the Hunt, Rose Creek, Shoshone North, and West Oregon Basin fields, the investment is characterized by stable production and opportunities for optimization. Under the guidance of Koji Muto and Geoff Masaaki Ayres, the acquisition aims to integrate technologies like Real-World Asset (RWA) tokenization to improve transparency and liquidity. The acquisition comes at an opportune time, given the strength of the Wyoming oil base and global market conditions. Stakeholders such as Jason Nye and Toby Darden express optimism about the venture, while O-DE Capital supports the technological integration to bridge traditional energy investment with modern digital solutions.
Sectors
- Energy
- Finance
- Technology
Geography
- United States – Location of the acquired oil and gas assets and field operations management.
- Japan – Country of origin for institutional investors backing the acquisition.
- Wyoming – Specific location of the oil fields acquired in the deal.
Industry
- Energy – Focus on oil and gas asset acquisition and management.
- Finance – Investment strategies involving cross-border capital and tax structures.
- Technology – Integration of fintech solutions like RWA tokenization in asset management.
Financials
- $9.65 million – Total purchase price for the oil and gas assets acquired.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Pacific Petroleum Operating, LLC | Acquirer | Company | A fund of Pacific Bays Capital acquiring oil and gas assets. |
| Pacific Bays Capital | Private Equity Firm | Company | Private equity firm backing Pacific Petroleum. |
| VCP Operating, LLC | Business Associate | Company | Collaborates with Pacific Petroleum for operational management. |
| Unspecified Private Equity Group | Seller | Company | The private equity group selling the oil and gas assets. |
| O-DE Capital Partners | Advisor | Company | Advises on fintech integration strategies. |
| Koji Muto | General Partner | Person | General Partner of Pacific Petroleum Management, LLC and director at O-DE Capital. |
| Geoff Masaaki Ayres | CEO | Person | CEO of O-DE Capital Partners. |
| Jason Nye | Managing Director | Person | Managing Director at Pacific Petroleum Management, LLC. |
| Toby Darden | Founder | Person | Founder of VCP Operating, LLC. |