2012 APR 20 - (VerticalNews.com) -- CUB Energy Inc. ("CUB", or the "Company") (TSX VENTURE:KUB) is pleased to announce the closing of its previously announced reverse take-over transaction (the "Transaction") with Gastek LLC ("Gastek"). Gastek's principal asset is a 30% interest in KUB-Gas LLC ("KUB-Gas"), which is the holder of five oil and gas licenses situated in the northeastern part of Ukraine (the "Ukrainian Licenses"). Pursuant to the Transaction, CUB has acquired all of the outstanding units of Gastek from Pelicourt Limited, the sole unitholder of Gastek, in exchange for 123,278,089 common shares of CUB. On March 23, 2012, CUB filed on SEDAR its filing statement in...

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