Carcetti Capital Corp.

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 [...]

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 [...]