Cub Energy Inc. announces the Rusko-Komarovske-22 (RK-22) development well, on the Rusko-Komarovske (RK) licence, in western Ukraine has tested gas at a maximum rate flow rate of 2.5 million cubic feet per day (MMcf/d). Cub is the owner and operator of the RK-22 well and has a 100% working interest in the RK licence.

RK-22 Well

The RK-22 well location was identified by 3-D seismic acquired by Cub in early 2013 and is the first well drilled by Cub on the RK licence. The RK-22 well is approximately 640 metres northwest of the Company's RK-2 legacy well and encountered gas in the Lukovskaya (L) sands and Dorobratovskaya sands. The L sands were perforated over four intervals between 650 metres and 749 metres then subsequently flow tested through various choke sizes.

Tags: CUB Energy Inc.