Cubic Energy, Inc. is an independent upstream energy company engaged in the development and production of, and exploration for, crude oil and natural gas. Our oil and gas assets and activity are concentrated primarily in Louisiana and Texas. Our office is located at 9870 Plano Road, Dallas, Texas 75238, and our telephone number is (972) 686-0369.
Cubic's philosophy is synonymous with its name and represents the Company's multi-dimensional focus on the integration of earth sciences, engineering and financial management in oil and gas exploration and development.
The corporate strategy with respect to our asset development efforts was to position the company in a low risk opportunity while building main stream high yield reserves. This was accomplished with the acquisition of our Cotton Valley acreage in northwest Louisiana. Our position in DeSoto and Caddo Parishes, Louisiana not only puts us in a low risk environment with the Cotton Valley formation, but also gives us the potential to discover additional commercial horizons that can add value to the bottom line.
We predicted and have had serendipitous success on our acreage with wells drilled by finding not only the Cotton Valley, but also the Upper and Lower Hosston, Pettet and Rodessa formations. Our internal geologic and engineering efforts have positioned the Company's acreage over subsurface structures which have enhanced our drilling success.
Further, the discovery of the Bossier Shale and Haynesville Shale beneath Cubic's core Louisiana acreage position provides the platform to take the Company to another level. We are excited about the possibilities for our future as we move forward with this resource play and our exploration efforts.