PRESS RELEASE

CUBIC ENERGY, INC.
QBIK:OTC:BB


For Immediate Release:

June 11, 2002

Information:
(972) 686-0369
E-mail: ir@cubicenergyinc.com

Cubic Energy Inc. Announces Its World Wide Web Debut

Garland, Texas, June 11, 2002 – Cubic Energy, Inc. (“Cubic”) announced that the company is now located on the internet at www.cubicenergyinc.com.

The website provides the public necessary information needed in order to understand the company’s history in detail, along with current exploratory activity and daily stock quotes with complete growth charts and tables.

“Current shareholders will find the website to be helpful for following company activity, stock information and directly communicating with the Investor Relations Department via email,” Calvin Wallen III, President of Cubic Energy, Inc.

Pinksheets.com serves as the daily stock quote provider for Cubic’s website also allowing shareholders to view all past and present required Securities Exchange Commission filings, company news, general information and charts.