M&A Deal Summary

Strategic American Oil Acquires SPE Navigation I

On September 27, 2011, Strategic American Oil acquired oil/gas exploration company SPE Navigation I

Acquisition Highlights
  • This is Strategic American Oil’s 2nd transaction in the Oil/Gas Exploration sector.
  • This is Strategic American Oil’s 2nd transaction in the United States.
  • This is Strategic American Oil’s 2nd transaction in Texas.

M&A Deal Summary

Date 2011-09-27
Target SPE Navigation I
Sector Oil/Gas Exploration
Buyer(s) Strategic American Oil
Deal Type Add-on Acquisition

Target

SPE Navigation I

Texas, United States
SPE Navigation I 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 2 of 2
Sector: Oil/Gas Exploration M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Texas M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2011 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-15 Galveston Bay Energy

Texas, United States

Galveston Bay Energy LLC is a provider of oil and gas exploration services.

Buy $10M