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One-Page Deal Sheet

Sea Dragon, Madison PetroGas to Combine; Create New Company

Sea Dragon Energy Inc. Madison PetroGas Ltd.
AnnouncedAug 19, 2015
TypeCorporate
LocationWest Africa
Announced Date
August 19,2015
Close Date
October 01,2015
Transaction Type
Corporate
Enterprise Value (EV)($MM)
19




Snapshot
Location
Region
Africa - West Africa,Middle East

Country
Cameroon

Country
Egypt

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Transaction Details:  Subscribe to see

Sea Dragon Energy Inc. and Madison PetroGas Ltd., a private, arm's length, Canadian company incorporated under the Business Corporations Act ( Alberta ), have entered into an arrangement agreement dated August 18, 2015 pursuant to which Sea Dragon will, subject to certain conditions, acquire all of the issued and outstanding Madison common shares by way of a statutory plan of arrangement under the ABCA.

The combined entity is to be renamed "SDX Energy Inc.".

Strategic Rationale for the Business Combination

The Transaction would create a larger company with stronger balance sheet and a…




Price History



Date Deal Headline Price$/acre
Jul-20-2020 Chevron to Acquire Noble Energy in All-Stock Deal; $13B Including Debt - -