SDX ENERGY INC SDRYF

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[STOCKS101]

Sea Dragon Energy Inc.

TSX VENTURE: SDX

Jun 01, 2010 09:22 ET

Sea Dragon Announces New Appointments to Its Management Team

CALGARY, ALBERTA--(Marketwire - June 1, 2010) -

NOT FOR DISTRIBUTION TO U.S NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES

Sea Dragon Energy Inc. ("Sea Dragon") (TSX VENTURE:SDX). Mr. Said Arrata, Chairman and Chief Executive Officer is pleased to announce the following new appointments to the management team:

Mr. A.D. (Tony) Anton, (P. Eng) – Mr. Tony Anton, will become the Chief Operating Officer and President of the Company effective immediately. Mr. Anton joined Sea Dragon in 2009 as Senior Vice President Acquisitions and Engineering with over 40 years experience in the oil & gas industry. Formerly he was Senior Vice President of Centurion Energy International Inc. and Chief Operating Officer in charge of operations in Egypt and Tunisia. Prior to that Mr. Anton held Key technical and managerial positions in the Canadian oil and gas sector, including BP Canada, Suncor Inc., Agip / ENI and Husky Oil.

Mr. Olivier Serra – is appointed as Chief Financial Officer effective immediately. Mr. Serra has 17 years of investment banking experience previously heading the Europe, Middle East and Africa (EMEA) Oil and Gas Department of BNP Parisbas. He has extensive experience in the financing and advising of international oil companies to support their growth strategy. Mr. Serra advised Centurion Energy International Inc. from 2004 – 2006 until their eventual sale to Dana Gas PJSC. Mr. Serra holds an MBA from Columbia University.

Mr. Anton and Mr. Serra will both report to Mr. Said Arrata who continues as Chairman and Chief Executive Officer for the Company.

Mr. Mike Zayat continues as Senior Vice-President for Exploration and David Thompson will be Senior Vice-President for Administration and Contracts.

Mr. Cameron Dow has been re-appointed as Financial Controller to Sea Dragon Energy Inc. to support Mr. Serra and the increased Company's activities in its two recently acquired concession interests and future expansion plans.

For further information please see the website of the Company at www.seadragon.ca or the Company's filed documents at www.sedar.com.

Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading Risk Factors and elsewhere in the Company's filings with Canadian securities regulators. Specifically that there is no assurance that any hydrocarbon reserves will be discovered nor is there any assurance that any hydrocarbons encountered will be in commercially recoverable quantities. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume any obligation to update any forward-looking statements, save and expect as may be required by applicable securities laws.

Sea Dragon is an international exploration and development company with a focus on the Middle East and an office in Cairo Egypt.

The TSX.V Venture Exchange has neither approved nor disapproved of the information contained herein. The TSX.V Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

For more information, please contact

Sea Dragon Energy Inc.
Said Arrata
President, CEO and Director
[phone]
or
Sea Dragon Energy Inc.
David Thompson
Senior Vice President and Director
[phone]
www.seadragon.ca
or
Brisco Capital Partners
Scott Koyich
President
[phone]
[e-mail]
or
Brisco Capital Partners
Graeme Dick
[phone]
[e-mail]

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