Warrant Holders

Warrant Holders. The holders of (a) certain Class A or Class B warrants to purchase shares of the common stock, par value $0.05 per share, of Cubic Energy and (b) certain shares of Series C Voting Preferred Stock, par value $0.01 per share, of Cubic Energy, in each case, purchased pursuant to a Warrant and Preferred Stock Agreement, dated as of October 2, 2013.

Warrant Holders. The undersigned holders of outstanding warrants to purchase Preferred Stock and Common Stock on the date of this Agreement, including SVB, Frederick J. Ruegsegger, John P. Walker, Munro W. Pitt and Daniel H. Petree