HOUSTON, TEXAS--(Marketwired - Aug 13, 2015) - 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 second quarter of 2015. All dollar amounts are expressed in United States Dollars. This update includes results from KUB-Gas LLC ("KUB-Gas"), which Cub has a 30% ownership interest [...]
HOUSTON, TEXAS--(Marketwired - Jul 29, 2015) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) provides the following update for its operations for the second quarter of 2015. This update includes ongoing operations from KUB-Gas LLC ("KUB-Gas"), which Cub has a 30% ownership interest, and Tysagaz LLC ("Tysagaz"), Cub's 100% owned subsidiary. First Quarter Production and Realized Prices Average production for [...]
HOUSTON, TEXAS--(Marketwired - Jun 8, 2015) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) announces that KUB-Gas LLC ("KUB-Gas"), has been granted a new exploration and production licence in eastern Ukraine, covering 449 km2 (approximately 111,000 acres). Cub has a 30% ownership interest in KUB-Gas. The West Olgovskoye block was awarded to KUB-Gas Borova LLC (a newly incorporated subsidiary of KUB-Gas) by [...]
HOUSTON, TEXAS--(Marketwired - May 13, 2015) - 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 first quarter of 2015. All dollar amounts are expressed in United States Dollars. This update includes results from KUB-Gas LLC ("KUB-Gas"), which Cub has a 30% ownership interest [...]
HOUSTON, TEXAS--(Marketwired - May 12, 2015) - 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 12, 2015: Collins Barrow LLP was re-appointed as the Company's auditors for 2015 The number of Directors to be elected to Cub's Board was set at four Re-election of Cub's Board of [...]
HOUSTON, TEXAS--(Marketwired - Apr 14, 2015) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) provides the following update for its operations for the first quarter of 2015. This update includes ongoing operations from KUB-Gas LLC ("KUB-Gas"), which Cub has a 30% ownership interest, and Tysagaz LLC ("Tysagaz"), Cub's 100% owned subsidiary. First Quarter Production and Realized Prices Average production for the [...]
HOUSTON, TEXAS--(Marketwired - Mar 18, 2015) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) announces the results of its independent reserves evaluations as at December 31, 2014 on its oil and gas properties in Ukraine. The evaluation of Tysagaz properties (100% WI) was conducted by Ryder Scott Petroleum Consultants ("Ryder Scott") and the evaluation of KUB-Gas properties (30% WI) was conducted by RPS Energy [...]
HOUSTON, TEXAS--(Marketwired - Mar 18, 2015) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB), a Black Sea region-focused upstream oil and gas company, announced today its audited annual financial and operating results for the year ended December 31, 2014. All dollar amounts are expressed in United States Dollars. This update includes results from KUB-Gas LLC ("KUB-Gas"), which Cub has a 30% ownership [...]
HOUSTON, TEXAS--(Marketwired - Mar 9, 2015) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) announces that Robert Hodgins has informed the Board that he has resigned as Director of the Company effective March 8, 2015, for personal reasons. "We thank Bob for his years of service and wish him well," said Mr. Mikhail Afendikov, Chairman and CEO. About Cub Energy Inc. Cub Energy Inc. (TSX VENTURE:KUB) is an [...]
HOUSTON, TEXAS--(Marketwired - Feb. 23, 2015) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) announces the voluntary cancelation of 16,130,000 stock options, of which 10,330,000 were options held by directors and officers. The Company has a total of 311,746,285 issued and outstanding shares. With recent market turmoil, the geopolitical climate in Ukraine and the drop in the Cub's share price, several current [...]
HOUSTON, TEXAS--(Marketwired - Jan 23, 2015) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) announces fourth quarter production and operational update, including a 2014 exit rate of approximately 2,407 barrels of oil equivalent ("boe/d") (a 16% increase over the Company's 2013 exit rate of 2,070 boe/d). This update includes ongoing operations from KUB-Gas LLC ("KUB-Gas"), which Cub has a 30% ownership [...]
HOUSTON, TEXAS--(Marketwired - Jan 7, 2015) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) announces the Makeevskoye-22 ("M-22") exploration well has reached its total depth of 3,629 metres, and has encountered gas in six zones. Two of those zones appear to be net pay, with the other four having resource potential. Casing has been run and cemented, and the operator, KUB-Gas LLC ("KUB-Gas"), is now preparing [...]