Establishing a Dominant Presence in the Black Sea Region Currentlyproducing2,070boe/d Regionalpricingdynamicsareexcellent2013(1)averagesalespriceof11.71/Mcfanda corporatenetbackofapproximately7/Mcfe…
Black Sea Focus Ukraine' BELARUS POLAND Kiev Ukrainehasoneofthemostenergyintensiveeconomiesinthe UKRAINE worldwithunmetdemand SLOVAKIA RUSSIA MOLDOVA AnesImated39Tcf(1)ofprovengasreservesremaininthecountry, Hungary…
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 F&D costs of 1.73/mcf leads to a recycle ratio 4.6x 11.71…
Proposed 2014 Drilling Program 2014 Country Well Q1 Q2 Q3 Q4 RK-21 M-17 M-22 RK-23 NM-4 Ukraine RK-24 O-11 M-15 S-1 S-2 Bati 1 Turkey Highly Active Capital Program; Significant Results Anticipated in Each…
Near-Term High-Impact Activity Development'AcNvity' 6 Development Wells 3.0 Brings gross 2P reserves of 6.9 Bcfe onto Gross'BCFE'Reserves' 2.5 2.0 production 1.5 1.0 RK wells are 100% W.I. locations 0.5 0.0 MH15 MH17 OH11…
Investment Highlights Profit-oriented Increasing production and strong netbacks 2,070 boe/d of current production with additional projects to be tied in during Q1 2014 Regional Growth Focus Over 1.4 million gross acres of prime land…
Appendix TSX:V'R'KUB'
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 January 6, 2013) 0.22/sh Shares Outstanding 311.7 Options 24.9 Warrants 10.7 Fully Diluted Shares Outstanding 347.3 Market Capitalization (CAD)…
Consistently Growing Production & Reserves Five'Producing'Fields'in'Ukraine' Company'Reserves'as'at'Dec.'31,'2012(1)' OeldOlgovskoyeeldEasternUkraine30%WI MeldMakeevskoyeeldEasternUkraine30%WI Net NPVs NPVs Net Gas Net Total…
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 2032)…
S Field WESTERN UKRAINE Transcarpathian Sedimentary Basin RK Field: Asset Overview W.I. Stanovo (S) field 100% owned by Cub U'Field' Operator Cub RK'Field' Contract 5 year special production permit (expires December 2015)…
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 MMcf/d…
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 K and V Field: 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 Vergunskoye (EV) field 100%…
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…
Turkeys Emerging Dadas Shale Play Highlights' Signicantlyhigherpermeabilitythanotherglobalshales EIAesImatesinHplaceresourceof87billionbarrelsand102Tcfof associatedshalegas(4.4Billionbarrelsand10Tcfrecoverable)…
Turkish Oil Industry Entrance of the Majors Istanbul ThraceBasin 3 Ankara SivasBasin 1 Besni Izmir Sinan AnatoliaBasin Antep Bismil Ceyhan Mersin 2 1.) Shell Farm-in on TPAO for the Dadas Shale (Nov. 2011)…
Asset Description Field W.I. Stage Product Royalty Income Tax Ukraine Dneiper-Donets Basin O 30%* Production Gas 25% 18% M 30%* Production Gas K 30%* Production Gas V 30%* Production Gas NM 30%* Exploration Gas…
Contact Information 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…
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