HOUSTON, TEXAS--(Marketwire - March 14, 2013) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) today announced that it has retained Renmark Financial Communications Inc ("Renmark") to provide investor relations services.

In consideration of the IR services to be provided by Renmark, Cub has agreed to a monthly agreement with a retainer of $7,000 (Canadian) per month.

Renmark is a full service investor relations firm, with offices in Montreal and Toronto, representing small, medium and large cap public companies trading on all major North American stock exchanges.

Renmark does not have any interest, directly or indirectly, in the Company or its securities. Nor does Renmark have any right or intent to acquire such an interest.

About Cub Energy Inc.

Cub Energy Inc. (TSX VENTURE:KUB) is an upstream oil and gas company with 110,000 net acres in nine exploration and production licences within the two major producing basins of Ukraine. The Company's strategy is to implement western technology and capital, combined with local expertise and ownership, to increase value in its undeveloped land base, creating and further building a portfolio of producing oil and gas assets within a high pricing environment.

For further information please contact us or visit our website: www.cubenergyinc.com.

Contact Information:

Cub Energy Inc.
Lionel C. McBee
Director of Investor Relations
(713) 677-0439

Cub Energy Inc.
Mikhail Afendikov
Chairman and Chief Executive Officer
(713) 677-0439

Renmark Financial Communications Inc.
Maurice Dagenais
(416) 644-2020 or (514) 939-3989

Renmark Financial Communications Inc.
Robert Thaemlitz
(416) 644-2020 or (514) 939-3989