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Brief: Cub Energy announces new 20-year production licence with expanded acreage

Dec 28 (Reuters) - Cub Energy Inc  KUB.V : 
    * Cub Energy Inc announces new 20-year production licence 
with expanded acreage 
    * Unit has been granted a new production licence with 
additional acreage in Western Ukraine 
    * New production licence replaces previously issued 
five-year special permit for exploration, which expired on Dec. 
25, 2015 
    * To fund exploration and development on the licence, co 
exploring its alternatives, including potential joint venture 
partners 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nCCN8jJqzq 
Further company coverage:  KUB.V  
 
 (Bengaluru Newsroom: +91 806 749 1136)

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