at Fox Business (Aug 23, 2012)
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Aug. 30, 2013, 11:59 AM
- Gastar Exploration (GST -1.1%) agrees to provide Cubic Energy (CBNR.OB +6.6%) an additional extension until Sept. 20 on the closing of the previously announced sale of GST's east Texas properties.
- As compensation for the extension, CBNR will pay GST an additional $1M at closing, bringing the total transaction value to $47M.
Apr. 22, 2013, 12:54 PMGastar Exploration (GST -2.1%) will sell east Texas assets totaling 31,800 gross acres to Cubic Energy (QBC +6.5%) for $46M. GST says it prefers to focus on core exploration activities in the Marcellus shale and Hunton limestone, but its rationale for the sale seems at odds with information on its website, where it says its east Texas assets are a significant source of its current natural gas production. | 1 Comment
Oct. 9, 2012, 2:35 PM
CBNR vs. ETF Alternatives
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 exclusively in Louisiana and Texas.
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