Cubic Energy Inc.(QBC) announced that it has reached a settlement with EXCO Operating Company, LP and BG US Production Company LLC. Cubic Energy 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 the Haynesville Shale Play and Cotton Valley Sands located in Northwest Louisiana.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.