Cubic Energy Moving Forward with Louisiana Development Plans

Cotton Valley Development
(Click to Enlarge)
Cubic Energy has negotiated and executed a farmout agreement allowing the Company to move forward with its plans to complete the Hosston and Cotton Valley zones in the S.E. Johnson 20 No. 1 and S.E. Johnson 29 No. 1 wells in DeSoto Parish, Louisiana. The Company expects to complete the wells later in November, subject to equipment and contractor availability.

Calvin A. Wallen III, CEO of Cubic, stated, "We look forward to the increased production and cash flow that is expected from the completion of these wells."

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.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
United States Odessa: Engineer - Frac/Acid
Expertise: Petroleum Engineering
Location: Odessa, TX
United States Houston: Senior Drilling Fluids Engineer
Expertise: Drilling Engineering
Location: Houston, TX
Region Leader - Field Development
Expertise: Field Development|Process Engineer|Subsea Engineering
Location: Houston
search for more jobs

Brent Crude Oil : $50.64/BBL 0.62%
Light Crude Oil : $48.04/BBL 1.47%
Natural Gas : $3.01/MMBtu 2.58%
Updated in last 24 hours