Hemlo Mining Corp.

HOUSTON, TEXAS--(Marketwired - Aug 4, 2014) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) comments on the newly enacted law concerning gas royalties in Ukraine. On Friday, August 1, 2104, Ukraine President Petro Poroshenko signed a new law temporarily increasing royalties on natural gas production to 55% from their current level of 28% through December 31, 2014 (five months). The royalty rates will return [...]

HOUSTON, TEXAS--(Marketwired - Jul 10, 2014) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) announces the following operations update for the second quarter ending June 30, 2014. This update includes ongoing operations from KUB-Gas LLC ("KUB-Gas"), which Cub has a 30% ownership interest, and Tysagaz JSC ("Tysagaz"), Cub's 100% owned subsidiary. Second Quarter Increased Production and Realized Prices Average [...]

HOUSTON, TEXAS--(Marketwired - Jun 27, 2014) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) announces that KUB-Gas LLC ("KUB-Gas") achieved a significant milestone in daily production -over 1 million cubic metres per day ("MMcm/d") or approximately 36 million cubic feet per day ("MMcf/d") after recent tie-ins. This equates to approximately 10.8 MMcf/d net production to Cub from KUB-Gas. Cub has a 30 [...]

HOUSTON, TEXAS--(Marketwired - Jun 18, 2014) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) announces that the North Makeevskoye-4 ("NM-4") exploration well commenced drilling on June 16, 2014. NM-4 is operated by KUB-Gas LLC ("KUB-Gas"), a partially-owned subsidiary in which Cub has a 30% effective ownership interest through its 30% shareholding of KUBGAS Holdings Limited ("KUB Holdings"). NM-4 is located [...]

HOUSTON, TEXAS--(Marketwired - Jun 11, 2014) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) announces production testing has been completed on the S6 sandstone in the Makeevskoye-17 ("M-17") well, and the maximum flow rate achieved was 6.6 million cubic feet per day ("MMcf/d") through an 8 mm choke at a flowing wellhead pressure of 2,970 psi. The well has been shut in for a pressure build up, after which the [...]

HOUSTON, TEXAS--(Marketwired - Jun 3, 2014) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) announces the Olgovskoye-11 ("O-11") development well has been drilled to its total depth ("TD") of 3,230 meters. Logging is now complete and has identified net pay in four zones of Bashkirian or Serpukhovian age, three of which have been established as productive within the Company's Ukrainian Licences. O-11 is [...]

HOUSTON, TEXAS--(Marketwired - May 15, 2014) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) a Black Sea region-focused upstream oil and gas company, announced today the following results from the Annual General Meeting of Shareholders ("AGM") held in Houston, Texas on May 15, 2014: Collins Barrow LLP were re-appointed as the Company's auditors for 2014; The number of Directors to be elected to Cub's Board [...]

HOUSTON, TEXAS--(Marketwired - May 15, 2014) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB), a Black Sea region-focused upstream oil and gas company, announced today its unaudited interim financial and operating results for the three months ended March 31, 2014. All dollar amounts are expressed in United States dollars. In the first quarter of 2014, Cub achieved several key accomplishments including its [...]

HOUSTON, TEXAS--(Marketwired - May 15, 2014) - Cub Energy Inc. ("Cub", or the "Company") (TSX VENTURE:KUB) announces the Rusko-Komarovske-21 ("RK-21") development well, on the Rusko-Komarovske ("RK") licence, in western Ukraine has tested gas at a maximum rate flow rate of 2.6 million cubic feet per day ("MMcf/d") through a 12-millimetre choke. Cub is the owner and operator of the RK-21 well and has a 100% working [...]

HOUSTON, TEXAS--(Marketwired - May 6, 2014) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) a Black Sea region-focused upstream oil and gas company, announces that the S7 zone in the Makeevskoye-17 ("M-17") well tested gas at a rate of over 0.9 million cubic feet per day ("MMcf/d") through a seven millimetre choke. The M-17 well is operated by KUB-Gas LLC, a partially-owned subsidiary in which Cub has a 30 [...]