Post by
loubastone on Nov 20, 2019 9:34am
Financials out-Great Update
The following is why I believe this company will experience great growth within 3-12 months, as I went through the MD&A -NRU legal issues have been cleared up and the company now is already speaking with engineering firms to get it set up -Kub-Gas expects to drill the M-30 well in Q1 2020. The Makeevskoye licence has produced nearly half of the historical production for Kub-Gas. The M-30 well will target the M-7 horizon. -During the quarter ended September 30, 2019, Kub-Gas performed a recompletion of the O- 18 well in the B-8-9 reservoir which resulted in a 30% increase in production and the well is now producing at a combined rate of approximately 0.9 MMcf/d -Ukraine's currency has seen an up tick with the issues with Russia starting to clear up, more investments coming in -fall and winter season is upon us, lots of demand for natural gas -Early December Russia is meeting with Ukraine to end the rebel stand off, which would allow us potentially to regain the eastern part of the country
Comment by
loubastone on Nov 20, 2019 9:36am
that turned our like garbage, going to repost
Comment by
cr7epl on Nov 20, 2019 1:28pm
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bobzuruncle on Nov 20, 2019 1:31pm
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trader059 on Nov 21, 2019 1:09am
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