Cubic Energy, Inc. QBC
("Cubic" or the "Company") announces today that it has reached a settlement
with EXCO Operating Company, LP and BG US Production Company, LLC. Later
today, the Company will be filing with the SEC a Current Report on Form 8-K.
Cubic Energy, Inc. is an independent company engaged in the development and
production of, and exploration for, crude oil and natural gas. The Company's
oil and gas assets and activity are concentrated primarily in the Haynesville
Shale Play and Cotton Valley Sands located in Northwest Louisiana. Additional
information can be found on Cubic's website at: www.cubicenergyinc.com.
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