Carcetti Capital Corp.

HOUSTON, TEXAS--(Marketwired - Oct 10, 2014) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) provides the following update for its third quarter operations. This update includes ongoing operations from KUB-Gas LLC ("KUB-Gas"), which Cub has a 30% ownership interest, and Tysagaz JSC ("Tysagaz"), Cub's 100% owned subsidiary. Third Quarter Production and Realized Prices Average production for the third quarter [...]

HOUSTON, TEXAS--(Marketwired - Oct 2, 2014) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) announces that the security situation in and around the Makeevskoye, Olgovskoye and North Makeevskoye licences in eastern Ukraine has improved, and that KUB-Gas LLC ("KUB-Gas"), Cub's 30% owned subsidiary which owns and operates the eastern Ukraine licences, has resumed its drilling program with the spud of the [...]

HOUSTON, TEXAS--(Marketwired - Sep 29, 2014) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) comments on the material impact of a temporary resolution of the National Bank of Ukraine ("NBU"), which among other things, prohibits the payment of cross-border dividends through December 2, 2014. On September 22, 2014, the Management Board of the NBU issued Resolution No. 591, to take effect on September 23, 2014 [...]

HOUSTON, TEXAS--(Marketwired - Aug 13, 2014) - 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 three and six months ended June 30, 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 [...]

HOUSTON, TEXAS--(Marketwired - Aug 4, 2014) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) comments on the newly enacted law concerning gas royalties in Ukraine. On Friday, August 1, 2104, Ukraine President Petro Poroshenko signed a new law temporarily increasing royalties on natural gas production to 55% from their current level of 28% through December 31, 2014 (five months). The royalty rates will return [...]

HOUSTON, TEXAS--(Marketwired - Jul 10, 2014) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) announces the following operations update for the second quarter ending June 30, 2014. This update includes ongoing operations from KUB-Gas LLC ("KUB-Gas"), which Cub has a 30% ownership interest, and Tysagaz JSC ("Tysagaz"), Cub's 100% owned subsidiary. Second Quarter Increased Production and Realized Prices Average [...]

HOUSTON, TEXAS--(Marketwired - Jun 27, 2014) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) announces that KUB-Gas LLC ("KUB-Gas") achieved a significant milestone in daily production -over 1 million cubic metres per day ("MMcm/d") or approximately 36 million cubic feet per day ("MMcf/d") after recent tie-ins. This equates to approximately 10.8 MMcf/d net production to Cub from KUB-Gas. Cub has a 30 [...]

HOUSTON, TEXAS--(Marketwired - Jun 18, 2014) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) announces that the North Makeevskoye-4 ("NM-4") exploration well commenced drilling on June 16, 2014. NM-4 is operated by KUB-Gas LLC ("KUB-Gas"), a partially-owned subsidiary in which Cub has a 30% effective ownership interest through its 30% shareholding of KUBGAS Holdings Limited ("KUB Holdings"). NM-4 is located [...]

HOUSTON, TEXAS--(Marketwired - Jun 11, 2014) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) announces production testing has been completed on the S6 sandstone in the Makeevskoye-17 ("M-17") well, and the maximum flow rate achieved was 6.6 million cubic feet per day ("MMcf/d") through an 8 mm choke at a flowing wellhead pressure of 2,970 psi. The well has been shut in for a pressure build up, after which the [...]

HOUSTON, TEXAS--(Marketwired - Jun 3, 2014) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) announces the Olgovskoye-11 ("O-11") development well has been drilled to its total depth ("TD") of 3,230 meters. Logging is now complete and has identified net pay in four zones of Bashkirian or Serpukhovian age, three of which have been established as productive within the Company's Ukrainian Licences. O-11 is [...]