Carcetti Capital Corp V.CART.H

RE:RE:RE:Share Price speaks volumes

[northofseven]

TheRock077 wrote: At the mid November update, they were just beginning to fracture stimulate but did not specify how many of the gas bearing zones they would fracture.

This is a new technology in Ukraine so it might take a while longer if they test more than the tight sands..

  
 THIS TECHNOLOGY ISN'T NEW TO KUB
                                                 
                                                 
                                               2013
News Release Cub Energy Inc. Reports New Production High After Successful Stimulations TSX VENTURE EXCHANGE: KUB Houston, Texas – October 21, 2013 – Cub Energy Inc. (“Cub” or the “Company”) (TSXV: KUB) announces that corporate production has reached a new high of more than 1,668 barrels of oil equivalent per day (“boe/d”) after the stimulation of two wells in Ukraine. The Olgovskoye-4 (“O-4”) and Olgovskoye-5 (“O-5”) wells were successfully stimulated resulting in maximum test rates of 4.0 million cubic feet per day (“MMcf/d”) from the O-4 well and 1.3 MMcf/d from the O-5 well.