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BRIEF-Cub Energy increases ownership interest in KUBGAS up to 40 pct

Published 2016-02-01, 07:41 a/m
© Reuters.  BRIEF-Cub Energy increases ownership interest in KUBGAS up to 40 pct
KUBh
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Feb 1 (Reuters) - Cub Energy Inc KUB.V :
* Executes agreement to increase ownership interest in KUBGAS up to 40% in
return for revocation of right of first refusal notice
* Gastek revoked its notice to exercise right of first refusal to purchase the
remaining 70% of kubgas holdings held by serinus energy inc
* Says in return for the revocation notice, gastek can earn up to an additional
10% ownership interest in kubgas

* Source text for Eikon ID:nCCN5zWzQJ

* Further company coverage KUB.V

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