M&A Deal Summary

Strategic American Oil Acquires Galveston Bay Energy

On February 15, 2011, Strategic American Oil acquired oil/gas exploration company Galveston Bay Energy for 10M USD

Acquisition Highlights
  • This is Strategic American Oil’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Strategic American Oil’s largest (disclosed) transaction.
  • This is Strategic American Oil’s 1st transaction in the United States.
  • This is Strategic American Oil’s 1st transaction in Texas.

M&A Deal Summary

Date 2011-02-15
Target Galveston Bay Energy
Sector Oil/Gas Exploration
Buyer(s) Strategic American Oil
Deal Type Add-on Acquisition
Deal Value 10M USD

Target

Galveston Bay Energy

Texas, United States
Galveston Bay Energy LLC is a provider of oil and gas exploration services.

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Buyer(S) 1

Buyer

Strategic American Oil

Texas, United States

Category Company
Sector Oil/Gas Exploration
DESCRIPTION

Strategic American Oil Corp. is a growth stage oil and natural gas exploration and production company.


DEAL STATS #
Overall 1 of 2
Sector (Oil/Gas Exploration) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (Texas) 1 of 2
Country (United States) 1 of 2
Year (2011) 1 of 2
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-27 SPE Navigation I

Texas, United States

SPE Navigation I LLC is a provider of oil and gas exploration services.

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