Calvin A. Wallen III, CEO of Cubic Energy, Inc., stated, ``Based on the review of the well logs and other data, the S.E. Johnson 19 No. 1 appears to be the best well we have drilled to date. This well, like the others before it, continues to prove our acreage position to be the kind of development opportunity that can add significant value to the Company and establish prolific reserves. We are very excited about our position in this play and our ongoing development opportunities.''
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 Texas and Louisiana.
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