Aug 19 (Reuters) - Sea Dragon Energy Inc SDX.V :
* Sea Dragon Energy Inc. and Madison petrogas ltd. announce strategic business
combination and creation of sdx energy inc
* To acquire all Madison shares on the basis of an exchange ratio of 16.7 Sea
Dragon common shares for each Madison share
* Says closing of the transaction is expected to occur in early October
* The existing Madison shareholders will hold approximately 71% of the combined
entity, to be renamed "sdx energy inc"
* Source text for Eikon ID:nCNWsqcTja