SETTLEMENT AGREEMENT AND MUTUAL RELEASESettlement Agreement and Mutual Release • October 9th, 2012 • Cubic Energy Inc • Drilling oil & gas wells • Texas
This Settlement Agreement and Mutual Release (“Settlement Agreement” or “Agreement”) is entered into by and between TAUREN EXPLORATION, INC. (“Tauren”) and CUBIC ENERGY, INC. (“Cubic”), on the one hand (Tauren and Cubic are sometimes herein together called “Plaintiffs”)” and EXCO OPERATING COMPANY, LP (“EXCO”) and BG US PRODUCTION COMPANY, LLC (“BG”), on the other hand (EXCO and BG are sometimes herein together called “Defendants”). The Plaintiffs and the Defendants are collectively referred to herein as the “Parties.”
