HOUSTON, TEXAS--(Marketwired - April 6, 2017) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB), a Ukraine-focused upstream oil and gas company, announced today the appointment of Kerry Kendrick as Chief Operating Officer ("COO"). Mr. Kendrick is a petroleum engineer with over 30 years' experience in international oil and gas projects, project management and facilities/infrastructure. Mr. Kendrick's prior roles [...]
HOUSTON, TEXAS--(Marketwired - March 22, 2017) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) announces the results of its independent reserves evaluations as at December 31, 2016 on its oil and gas properties in Ukraine. The evaluation of Tysagaz LLC properties (100% WI) KUB-Gas LLC properties (35% WI) was conducted by Ryder Scott Petroleum Consultants ("Ryder Scott"), an independent qualified reserves [...]
HOUSTON, TEXAS--(Marketwired - March 22, 2017) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB), a Ukraine-focused upstream oil and gas company, announced today its audited annual financial and operating results for the fourth quarter of 2016. All dollar amounts are expressed in United States Dollars unless otherwise noted. This update includes results from KUB-Gas LLC ("KUB-Gas"), which Cub has a 35% equity [...]
HOUSTON, TEXAS--(Marketwired - Dec 28, 2016) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) announces that its wholly-owned subsidiary, Tysagaz LLC, has been granted a new production licence with additional acreage in western Ukraine. The new Stanivske production licence covers approximately 31,000 acres, which is a 41% increase from the original exploration licence which was 22,000 acres. The expanded [...]
HOUSTON, TEXAS--(Marketwired - Dec. 8, 2016) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) announces that the Board of Directors has granted options to acquire an aggregate of 15,000,000 common shares of Cub to directors, officers, employees and consultants of the Company in accordance with the Company's stock option plan. Each optionee will be entitled to exercise the options granted at a price of $0.08 [...]
HOUSTON, TEXAS--(Marketwired - Nov 16, 2016) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB), a Ukraine-focused upstream oil and gas company, announced today its unaudited interim financial and operating results for the third quarter of 2016. All dollar amounts are expressed in United States Dollars. This update includes results from KUB-Gas LLC ("KUB-Gas"), which Cub has a 35% equity ownership interest [...]
HOUSTON, TEXAS--(Marketwired - Aug 23, 2016) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB), a Ukraine-focused upstream oil and gas company, announced today its unaudited interim financial and operating results for the second quarter of 2016. All dollar amounts are expressed in United States Dollars. This update includes results from KUB-Gas LLC ("KUB-Gas"), which Cub has a 35% equity ownership interest [...]
HOUSTON, TEXAS--(Marketwired - Aug 8, 2016) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) announces that KUB-Gas LLC ("KUB-Gas"), Cub's 35%-owned subsidiary which owns and operates the eastern Ukraine licences, has commenced drilling of the Makeevskoye-23 ("M-23") well. The M-23 well is planned to a total depth of 2,550 metres with multiple objectives. The M-23 well will be funded through existing KUB-Gas [...]
HOUSTON, TEXAS--(Marketwired - Jul 8, 2016) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) announces that it has entered into a share purchase agreement ("SPA") and Shareholders' Agreement ("SHA") with NAFTA INTERNATIONAL B.V. ("NAFTA"), whereby NAFTA earns a 50% interest in the Company's newly formed subsidiary, CNG Holdings Netherlands B.V. ("CNG"), which, in turn, owns CNG LLC (Ukraine LLC), 100% owner of [...]
HOUSTON, TEXAS--(Marketwired - May 24, 2016) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB), a Ukraine-focused upstream oil and gas company, announced today its unaudited interim financial and operating results for the first quarter of 2016. All dollar amounts are expressed in United States Dollars. This update includes results from KUB-Gas LLC ("KUB-Gas"), which Cub has a 35% equity ownership interest [...]
HOUSTON, TEXAS--(Marketwired - May 17, 2016) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) announces today the following results from the Annual General Meeting of Shareholders ("AGM") held at Cub's Houston, Texas office on May 17, 2016: Davidson & Company LLP -- was appointed as the Company's auditors for 2016 The number of Directors to be elected to Cub's Board was set at three Re-election of Cub's Board [...]
HOUSTON, TEXAS--(Marketwired - Apr 28, 2016) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) provides the following update for its operations for the first quarter of 2016. This update includes ongoing operations from KUB-Gas LLC ("KUB-Gas"), which Cub has a 35%-ownership interest (increased from 30% effective February 8, 2016), and Tysagaz LLC ("Tysagaz"), Cub's 100%-owned subsidiary. First Quarter [...]
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