One-Page Deal Sheet
PKN Orlen Subsidiary Acquires European E&P FX Energy
Kiwi Acquisition Corp., Orlen Upstream, PKN Orlen SA Fx Energy Inc.
Announced Date
December 08,2015
Close Date
December 31,2015
Transaction Type
Corporate
Enterprise Value (EV)($MM)
125
Asset/Basin:
{"Polish Lowlands","Lublin Basin","Poland Permian"}
TargetZones:
{"Rotliegend sandsto
Transaction Details: Subscribe to see
Polski Koncern Naftowy ORLEN S.A. announced the successful completion of the merger of its indirectly wholly owned subsidiary, Kiwi Acquisition Corp., a wholly owned subsidiary of ORLEN Upstream Sp. z o.o., a Polish private limited company, with FX Energy, Inc.
The Company held a meeting of its stockholders today to approve the Merger, during which meeting the Merger was approved by a vote of the Company’s stockholders in accordance with Nevada law. At the effective time of the Merger, Merger Sub merged with and into the Company and the separate existence of Merger Sub ceased, with the…
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