Cub Energy has an execution-focused team with strong in-country leadership and experience. Cub has invested in fields in under-explored basins and is applying western technologies to de-risk their exploration. The Company is rapidly advancing its development to take advantage of high natural gas prices in Ukraine, which are among the highest in Europe.
Cub's management team and board are focused on delivering substantial growth and value for its shareholders.
Cub Energy has 302,000 gross acres (132,500 net) in two prospective basins in Ukraine. Ukraine has an attractive pricing environment for natural gas.
The Company is focused on growing its acreage position in strategic basins the Black Sea Region. Cub aims to rapidly develop this asset portfolio to take advantage of natural gas prices by utilising its technological advantage: applying western equipment and expertise to prospective, yet under-explored basins.
Cub is also focused on delivering superior shareholder returns. Cub Energy is profit-oriented, with a focus on achieving high margins through disciplined spending and the de-risking of its assets through the use of western methods and technologies such as fracture stimulation, dual completion, and horizontal drilling.
Company Details | |
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Company Name | CUB Energy Inc |
Business Category | Oil & Gas |
Address | 5120 Woodway Ste. 10010 Houston Texas United States ZIP: 77056 |
President | Mikhail Afendikov |
Year Established | 2012 |
Employees | 50 |
Memberships | NA |
Hours of Operation | NA |
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