HOUSTON, TEXAS--(Marketwired - Aug 22, 2017) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB), a Ukraine-focused upstream oil and gas company, announced today its unaudited financial and operating results for the second quarter of 2017. 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 - Jun 19, 2017) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) has contracted to purchase a new nitrogen rejection unit ("NRU") to re-commence production on its wholly-owned RK field in Western Ukraine. The new NRU is manufactured in the United States by Sep-Pro Systems Inc. (www.sepprosystems.com), which specializes in the design and manufacture of NRUs, as well other separation [...]
HOUSTON, TEXAS--(Marketwired - May 19, 2017) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) announces today the issuance of 2.5 million common shares options of Cub to its new Director, John Booth, and its new Chief Operating Officer, Kerry Kendrick, in accordance with the Company's stock option plan. Each optionee will be entitled to exercise the options granted at a price of CA$0.06 per share, a 60 [...]
HOUSTON, TEXAS--(Marketwired - May 17, 2017) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB), a Ukraine-focused upstream oil and gas company, announced today its unaudited financial and operating results for the first quarter of 2017. 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 ownership [...]
HOUSTON, TEXAS--(Marketwired - May 16, 2017) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) announces the following results from the Annual General Meeting of Shareholders ("AGM") held at Cub's Houston, Texas office on May 16, 2017: • Davidson & Company LLP -- was appointed as the Company's auditors for 2017 • Election of Cub's Board of Directors as follows: Mikhail Afendikov, also [...]
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 [...]