Establishing a Strong Presence in the Black Sea Region Regional pricing dynamics are excellent 2013(1) average sales price of 11.40/Mcfe and a corporate netback of 6.84/Mcfe Currently producing 1,800 boe/d(2) 244,000 gross acres…
Black Sea Focus Ukraine BELARUS POLAND Kiev Ukraine has one of the most energy intensive economies in the world with unmet demand SLOVAKIA UKRAINE An estimated 39 Tcf(1) of proven gas reserves remain in the country, Hungary…
Asset Overview Transcarpathian Sedimentary Basin Dnieper-Donets Sedimentary Basin Southeast Basin,Turkey NM Field U Field 2 1 RK Field O Field S Field OS Field M Field KR Field EV Field KR Field Legend: K Field 100% WI V…
Favorable Pricing Regime Drives Netbacks Realised prices in Ukraine and Turkey are on average 3x 2013 Natural Gas Prices (USD/mcf)(1) higher than in North America 14 Advantaged on plant, property, equipment: enables cost 11.26 and…
Near-Term High-Impact Activity Development Activity 6 Development Wells 4.0 Brings gross 2P reserves of 14.4 Bcfe on Gross BCFE Reserves 3.5 3.0 production 2.5 2.0 RK wells are 100% W.I. locations 1.5 Targeting…
Consistently Growing Production & Reserves Five Producing Fields in Ukraine O field Olgovskoye field Eastern Ukraine 30% WI M field Makeevskoye field Eastern Ukraine 30% WI K field Krutogorovskoye field Eastern Ukraine 30% WI…
Investment Highlights Profit-oriented Increasing production and strong netbacks Current production of approximately 1,800 boe/d(1) Approximately 244,000 gross acres of prime land in Ukraine with large inventory of Regional Growth…
Appendix
The Right People in the Right Place We know the Region Senior level leadership with in-country expertise CEO: 20 years of industry experience in the region COO: 50 years of oil and gas experience with over 13 years in the region…
Experienced In-Country Leadership Mikhail Afendikov Founder & CEO of Gastek LLC. and former CEO of KUB-Gas Executive Chairman & CEO Over 20 years of experience in oil and gas, mining, shipping and financial markets Founder and partner…
Board of Directors Mikhail Afendikov Founder & CEO of Gastek LLC. and former CEO of KUB-Gas Chairman & CEO Over 20 years of experience in oil and gas, mining, shipping and financial markets Founder and partner in several resource…
Capital Structure Capital Structure Millions (unless noted) Share price (CAD) (as of March 26, 2014) 0.20/sh Shares Outstanding 311.7 Options 22.5 Warrants 9.3 Fully Diluted Shares Outstanding 343.5 Market Capitalization (CAD)…
RK Field WESTERN UKRAINE Transcarpathian Sedimentary Basin RK Field: Asset Overview W.I. Rusko-Komarovske (RK) field 100% owned by Cub U Field Operator Cub RK Field Contract 20 year special production permit (expires 2030) S…
S Field WESTERN UKRAINE Transcarpathian Sedimentary Basin S Field: Asset Overview W.I. Stanovo (S) field 100% owned by Cub U Field Operator Cub RK Field Contract 5 year exploration permit (expires December 2015) S Field Production No…
O FIELD EASTERN UKRAINE O Field: Asset Overview Best case W.I. Olgovskoye (O) field 30% owned by Cub O-24 GIIP 32.7bcf Operator Joint operated between Cub and Serinus O-15 Contract 20 year special production permit (expires 2032)…
M FIELD EASTERN UKRAINE M Field: Asset Overview W.I. (M) field 30% owned by Cub Best case GIIP 40.4bcf Operator Joint operated between Cub and Serinus Contract 20 year special production permit (expires 2032) Production 4.5…
K & V FIELDS EASTERN UKRAINE K and V Field: Asset Overview Dnieper-Donets Sedimentary Basin W.I. Krutogorovskoye (K) field 30% owned by Cub Vergunskoye (V) field 30% owned by Cub NM Field Operator Joint operated between Cub and…
KR, OS & EV FIELDS EASTERN UKRAINE KR, OS and EV Fields: Asset Overview Dnieper-Donets Sedimentary Basin W.I. Krayakovskaya (KR) field 100% owned by Cub Oskolonovskaya (OS) field 100% owned by Cub NM Field East Vergunskaya (EV) field…
Developing Ukrainian Shale Play Ukraine Assets O Field NM Field Date: 29 June 2013 Drawing: Southern GIS Coor. Sys: Equi. Conic WGS84 Belarus Scale: 1:6,000,000 M Field OS Field KR Field K Field Poland V Field EV Field…
Asset Description Field W.I. Stage Product Royalty Income Tax Ukraine Dneiper-Donets Basin O 30%* Production Gas 28% 18% M 30%* Production Gas K 30%* Production Gas V 30%* Production Gas NM 30%* Exploration Gas…
Cub Energy Inc. 5120 Woodway Drive Suite 10010 Houston, Texas 77056 Patrick McGrath Chief Financial Officer Tel: +1.713.577.1948 Email: patrick.mcgrathcubenergyinc.com Lionel C. McBee Director of Investor Relations TSX-V: KUB Tel:…
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