MENA Hydrocarbons Inc. report the closing of the acquisition of Mideast Energy Corporation pursuant to a securities purchase agreement dated March 22, 2012. Pursuant to the Agreement, MENA issued 5,000,003 common shares and 2,499,999 common share purchase warrants. The Securities are being held in escrow for a 4 month period pending post-closing adjustments, if any.

Pursuant to the Agreement, Omar Nasser was appointed Director of Corporate Development responsible for identifying, introducing and developing present and future regional business opportunities in the hydrocarbons development, exploration and production sectors of the international oil and gas industry in the Middle East and North Africa region for the Company's exclusive benefit.

Tags: MENA Hydrocarbons Inc.