Cub Energy Provides Ukraine Operations Update

Cub Energy Inc. (TSXV:KUB) has released an update on its Rusko-Komarovske licence and Makeevskoye-16 well, which are both located in Ukraine. According to the company’s press release, it is working on acquiring the permits needed to start drilling on its well in the Rusko-Komarovske licence. Moreover, it announced that its M-16 well has already reached a total depth of 4,300m and was perforated in the S-13 zone with a gross interval of 3,684-3,707m.

As quoted in the press release:

The Company is in the process of acquiring the necessary permits for the drilling of its initial well, the RK-22, on Cub’s 100% owned and operated Rusko-Komarovske licence. The Company plans to spud the RK-22 well in mid-May 2013.

Click here to read the full Cub Energy Inc. (TSXV:KUB) press release.

Get the Latest Oil Investing Stock Information

Get the latest information about companies associated with Oil Investing delivered directly to your inbox.


By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.


Leave a Reply