Cubic Energy Inc. (QBC) Issues Oil and Gas Operations Update
Cubic Energy Inc. issued an operations update on the company’s oil and gas exploration and development activities in the United States. Cubic Energy Inc. reported that it has begun drilling the Crow 8 No. 1 well located in Louisiana. The company is working on the vertical portion of the well, and has set casing at a depth of approximately 2000 feet. Cubic Energy Inc. said that the Crow 8 No. 1 well is located on the company’s Bethany Longstreet acreage in Caddo Parish, and the company has a twenty four percent working interest in the well. This was the second…