Item 3.01 Notice of Delisting or Failure to Satisfy a
Continued Listing Rule or Standard; Transfer of Listing.

On January 25, 2013, Cubic Energy, Inc. (the "Company") has received a letter from the NYSE MKT LLC (the "Exchange") indicating that, based upon the Company's non-compliance with the stockholders' equity requirements for continued listing and the Exchange's concerns regarding the Company's financial viability, as set forth in Sections 1003(a)(i)-(iv) of the Exchange's Company Guide, the Company's common stock is subject to delisting from the Exchange. The Company plans to file an appeal of the determination by requesting an oral hearing before the Listing Qualifications Panel of the Exchange's Committee on Securities (the "Panel"), which request will stay the delisting determination until at least such time as the Panel renders a determination following the hearing. The Company is taking steps to address the deficiencies raised by the Exchange; however, there can be no assurance that the Company's appeal will ultimately be successful.

On January 31, 2013, the Company issued a press release with respect to the foregoing. A copy of the press release is filed herewith as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits Exhibit No. Description of Exhibit 99.1 Press Release dated January 31, 2013

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