Operator
Cub Energy Inc.
55 articles mentioning Cub Energy Inc. · Page 1 of 3
Cub Spins Bit at M-23 Well in Eastern Ukraine
The M-23 well is planned to a total depth of 2,550 metres with multiple objectives.
Cub Hopes RK Field Production Will Resume in Q2
Cub Hopes RK Field Production Will Resume in Q2
Cub Energy to Drill 2-3 Ukraine Wells in 2016
KUB-Gas plans to drill two wells and perform several fracture stimulations in 2016.
Cub Awarded Expanded Ukraine License; 50,000 Acres
The new Uzhgorod licence covers approximately 75,000 acres, which is a 50% increase from its original size of 50,000 acres.
Cub Keeps Production Flat in 4Q; 1,353 BOE/d
Cub Energy Inc. reported the following update for its operations for the fourth quarter of 2015.
Cub Talks Ukraine's Reduction of Gas Royalty Rate
Cub Energy Inc. commented on the newly enacted law reducing gas royalties in Ukraine.
Cub Energy Awaits Government Royalty Reduction in Ukraine
Cub is re-evaluating its future capital programs in light of the proposed reduction of royalty rates.
Legislative Woes Hamper Cub's 2Q Production
Production averaged 1,414 boe/d (98% natural gas) for the three months ended June 30, 2015, representing a 24% decrease from 1,868 boe/d in the comparative 2014 quarter.
Cub Talks 2Q Ukraine Ops; Discusses Political Developments
Average production for the second quarter was approximately 1,414 boe/d (Cub WI), representing a 14% decrease from 1,644 boe/d in the first quarter.
Cub Awarded E&P License in Eastern Ukraine
The term of this new Special Permit is for 20 years with the right to a 20-year extension, during which KUB-Gas will be allowed to conduct both exploration and production activities.
Govt. Legislation Dampens Cub's Ukrainian Production Capacity
First quarter production in Ukraine continued to be below capacity due to the lingering effects of government legislation attempting to reserve a large share of the natural gas market.
Cub Decreases Production; Updates Ukraine Drilling Ops, Legislation
Average production for the first quarter was approximately 1,654 boe/d (Cub WI), representing a 21.7% decrease from 2,112 boe/d in the fourth quarter.
Cub Tags 1,995 BOE/d in Production; Talks Suspended Drilling
The Company is also re-evaluating its future capital programs on its 100% owned and operated Tysagaz assets in light of the recent changes in royalty rates and the temporary cross-border dividend restriction.
Cub Energy Reports Director Resignation
Robert Hodgins has informed the Board that he has resigned as Director of the Company effective March 8, 2015, for personal reasons.
Cub Ups Production, Preps to Drill Well Targeting L Sands
Average production for the third quarter was 2,174 barrels of oil equivalent per day (including Cub's WI in KUB-Gas), representing a 16% increase from 2Q.
Cub Resumes Ukrainian Drilling as Security Improves
Cub Energy Inc. has reported that the security situation in and around the Makeevskoye, Olgovskoye and North Makeevskoye licences in eastern Ukraine has improved.
Despite Ukrainian Unrest, Cub Ups Production in 2Q
Average production for the second quarter was 1,868 barrels of oil equivalent per day (including Cub's WI in KUB-Gas), up from 1,857 boe/d in the first quarter.
Cub Energy Hits 36 MMcf/d Milestone; Suspends Ukrainian Ops
While gas production will continue to climb, the company has suspended operations due to the conflicts in eastern Ukraine.
Cub Begins NM-4 Drill Ops at Makeevskoye License
If NM-4 is successful, it will strengthen the chances of success on two more fault blocks within the same channel system.
Cub Wraps Up Production Testing at M-17 Well
The M-17 well is operated by KUB-Gas LLC, a partially-owned subsidiary in which Cub has a 30% effective ownership interest.