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Cub Energy commences drilling on Western Ukraine well

Oilfield Technology,

Cub Energy Inc. has announced the Rusko-Komarovske 23 (RK-23) well has commenced drilling. The RK-23 well is 100% owned and operated by Cub in western Ukraine.

Vertical well to target the Miocene Lukovskaya sands

The RK-23 vertical well is the third well for Cub to drill on the RK licence and has a planned total depth of 900 m MD. The RK-23 well is to target the Miocene Lukovskaya sands, locally known as the L Sands.

The RK-23 location is approximately 500 m south of the RK-22 well, which is producing from the L Sands in an adjacent fault block. The company has contracted with Esta Well Services LLC, the same drilling company used in the drilling of RK-21. The well is expected to take approximately 20 days to reach the planned MD.

Transcarpathian Basin

The Transcarpathian Basin means the approximate 7500 km2 region located in Western Ukraine bordering Hungary, Slovakia and Romania. The basin is estimated to have 4 trillion ft3 of natural gas which, to date, remains vastly underexplored with only approximately 3% of the region’s hydrocarbon potential discovered.

Cub Energy has a 100% working interest in four licenses totalling 82 000 gross acres. The company is well served by transport infrastructure in the area and owns two gas processing facilities, one on the RK field and one on the Stanivske field.

Edited from various sources by Cecilia Rehn

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