Cubic Energy (QBC +1.8%) will receive $12.2M through a settlement with Tauren Exploration, Exco...

|About: Cubic Energy, Inc. (CBNRQ)|By:, SA News Editor

Cubic Energy (QBC +1.8%) will receive $12.2M through a settlement with Tauren Exploration, Exco Operating and BG U.S. Production, and says it will use $9.1M to pay down debt, according to an SEC filing.