December 11, 2009 (FinancialWire) — Cubic Energy, Inc. (NYSE AMEX: QBC) reported the Red Oak Timber 6 No. 1 operated by EXCO Operating company LP (EXCO) has reached a Vertical Depth of 10,315 feet.

The Red Oak Timber 6 No. 1 spud on November 26, 2009. EXCO is currently running open hole logs, and will subsequently drill an approximate 4,000 foot horizontal lateral on this well.

This is Cubic’s first Haynesville well operated by EXCO Operating company LP. Cubic has an estimated 35% working interest in the Red Oak Timber 6 No. 1 located in Section 6, Township 14 North – Range 15 West in the Bethany Longstreet Field of Caddo Parish, Louisiana.

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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