Cub Energy Inc. , a Ukraine-focused upstream oil and gas company, announced today its unaudited interim financial and operating results for the three months ended March 31, 2019. All dollar amounts are expressed in United States Dollars unless otherwise noted. This update includes results from KUB-Gas LLC , which Cub has a 35% equity ownership interest, Tysagaz LLC , Cub's 100% owned subsidiary and CNG LLC , which Cub has [...]
Cub Energy Inc. announces the results of its independent reserves evaluations as of December 31, 2018 on its oil and gas properties in Ukraine. The evaluation of the Tysagaz LLC property and KUB-Gas LLC properties was conducted by Ryder Scott Petroleum Consultants , an independent qualified reserves evaluators and auditor . All evaluations were prepared using guidelines outlined in the Canadian Oil and Gas Evaluation [...]
Cub Energy Inc. , a Ukraine-focused upstream oil and gas company, announced today its audited financial and operating results for the year ended December 31, 2018. All dollar amounts are expressed in United States Dollars unless otherwise noted. This update includes results from KUB-Gas LLC , which Cub has a 35% equity ownership interest, Tysagaz LLC , Cub's 100% owned subsidiary and CNG LLC , which Cub has a 50% equity [...]
Cub Energy Inc. , a Ukraine-focused upstream oil and gas company, announced today its unaudited financial and operating results for the third quarter ended September 30, 2018. All dollar amounts are expressed in United States Dollars unless otherwise noted. This update includes results from KUB-Gas LLC , which Cub has a 35% equity ownership interest, Tysagaz LLC , Cub's 100% owned subsidiary and CNG LLC , which Cub has a [...]
Cub Energy Inc. , a Ukraine-focused upstream oil and gas company, announces that KUB-Gas LLC , Cub's 35%-owned subsidiary which owns and operates the eastern Ukraine licenses, has released results of its recent recompletion of the Olgovskoye-3 well. Kub-Gas utilized its own workover rig and crew to recomplete a productive gas sand interval designated as the Bashkirian-1b . The well has stabilized at a rate of 1.4 million [...]
Houston, Texas - Cub Energy Inc. , a Ukraine-focused upstream oil and gas company, announced today its unaudited financial and operating results for the second quarter ended June 30, 2018. All dollar amounts are expressed in United States Dollars unless otherwise noted. This update includes results from KUB-Gas LLC , which Cub has a 35% equity ownership interest, Tysagaz LLC , Cub’s 100% owned subsidiary and CNG [...]
Houston, Texas - Cub Energy Inc. , a Ukraine-focused upstream oil and gas company, announces that KUB-Gas LLC , Cub’s 35%-owned subsidiary which owns and operates the eastern Ukraine licenses, announces results of two recent operations. O-9 Well in the Olgovskoye License Kub-Gas recently recompleted the Olgovskoye-9 well to a “behind pipe pay” zone designated as the Bashkirian-3 . During a standard multi-rate test, the [...]
HOUSTON, TX, May 24, 2018 /CNW/ - Cub Energy Inc. , a Ukraine-focused upstream oil and gas company, announces that KUB-Gas LLC , Cub's 35%-owned subsidiary which owns and operates the eastern Ukraine licences, has commenced drilling of the North Yatskivska #3 well on the West Olgovskoye licence. The NY-3 well is planned to a total depth of 2,300 metres to evaluate several prospective horizons. The NY-3 well is funded [...]
HOUSTON, April 04, 2018 -- Cub Energy Inc. , a Ukraine-focused upstream oil and gas company, announced today its audited financial and operating results for the year ended December 31, 2017. All dollar amounts are expressed in United States Dollars unless otherwise noted. This update includes results from KUB-Gas LLC , which Cub has a 35% equity ownership interest, Tysagaz LLC , Cub’s 100% owned subsidiary and CNG [...]
HOUSTON, April 04, 2018 -- Cub Energy Inc. announces the results of its independent reserves evaluations as of December 31, 2017 on its oil and gas properties in Ukraine. The evaluation of the Tysagaz LLC property and KUB-Gas LLC properties was conducted by Ryder Scott Petroleum Consultants , an independent qualified reserves evaluators and auditor . All evaluations were prepared using guidelines outlined in the Canadian [...]
Cub Energy Inc. comments on the newly enacted law reducing natural gas royalties on new wells drilled in Ukraine. On December 30, 2017, Ukraine President Petro Poroshenko signed a new law reducing the natural gas royalty rate on all new wells drilled after January 1, 2018 from 29% to 12%. The law states that Parliament cannot change this law for a minimum of five years, being January 1, 2023, at which time Parliament may [...]
Cub Energy Inc. , a Ukraine-focused upstream oil and gas company, announced today its unaudited financial and operating results for the third quarter of 2017. All dollar amounts are expressed in United States Dollars unless otherwise noted. This update includes results from KUB-Gas LLC , which Cub has a 35% equity ownership interest, Tysagaz LLC , Cub's 100% owned subsidiary and CNG LLC , which Cub has a 50% equity [...]
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