potential for offset development;
MMcf/d from the previous 30 MMcf/d and it’s expected to take 30 to 60 days to become fully
Things are progressing well at the company as the management expects to exit 2014 with a production rate of approximately 2,800 boe/d. Elections in Ukraine are next month and the whole Crimea thing is already receding from the news and will end up being a non-event. I expect no further Russian incursions into Ukraine anytime in the near future. Once the market realizes this I would expect an upward revaluation of Cub Energy.