Cub Energy Inc. announces the Makeevskoye-16 (M-16) well has tested significant volumes of natural gas from a new pool gas discovery on the Makeevskoye Licence in Ukraine.
The M-16 well tested gas from the S5 zone at more than 4.3 million cubic feet per day (MMcf/d). The M-16 is operated by KUB-Gas, a partially-owned subsidiary in which Cub has a 30% ownership interest.
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CUB Energy Inc.
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