SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* Anchorage Capital Group, L.L.C. (Last) (First) (Middle) 610 BROADWAY 6TH FLOOR (Street) NEW YORK NY 10012 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 10/02/2013	3. Issuer Name and Ticker or Trading Symbol CUBIC ENERGY INC [ CBNR ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Series C Voting Preferred Stock, par value $0.01 per share	12,341.658	I(1)(2)	By Anchorage Illiquid Opportunities Offshore Master III, L.P.
Series C Voting Preferred Stock, par value $0.01 per share	14,124.129	I(1)(2)	By Anchorage Illiquid Opportunities III (B), L.P.
Series C Voting Preferred Stock, par value $0.01 per share	48,346.2	I(1)(2)	By AOI III AIV, L.P.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class A Warrants	04/02/2014	10/02/2019	Common Stock, par value $0.05 per share	8,227,772	$0.01	I(1)(2)	By Anchorage Illiquid Opportunities Offshore Master III, L.P.
Class A Warrants	04/02/2014	10/02/2019	Common Stock, par value $0.05 per share	9,416,086	$0.01	I(1)(2)	By Anchorage Illiquid Opportunities III (B), L.P.
Class A Warrants	04/02/2014	10/02/2019	Common Stock, par value $0.05 per share	32,230,800	$0.01	I(1)(2)	By AIO III AIV, L.P.
Class B Warrants	04/02/2014	10/02/2019	Common Stock, par value $0.05 per share	4,113,886	$0.5	I(1)(2)	By Anchorage Illiquid Opportunities Offshore Master III, L.P.
Class B Warrants	04/02/2014	10/02/2019	Common Stock, par value $0.05 per share	4,708,043	$0.5	I(1)(2)	By Anchorage Illiquid Opportunities III (B), L.P.
Class B Warrants	04/02/2014	10/02/2019	Common Stock, par value $0.05 per share	16,115,400	$0.5	I(1)(2)	By AIO III AIV, L.P.

1. Name and Address of Reporting Person* Anchorage Capital Group, L.L.C. (Last) (First) (Middle) 610 BROADWAY 6TH FLOOR (Street) NEW YORK NY 10012 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Davis Anthony Lynn (Last) (First) (Middle) 610 BROADWAY 6TH FLOOR (Street) NEW YORK NY 10012 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Ulrich Kevin Michael (Last) (First) (Middle) 610 BROADWAY 6TH FLOOR (Street) NEW YORK NY 10012 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Anchorage Advisors Management, LLC (Last) (First) (Middle) 610 BROADWAY 6TH FLOOR (Street) NEW YORK NY 10012 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. Anchorage Advisors Management, L.L.C. is the sole managing member of Anchorage Capital Group, L.L.C., the investment advisor to Anchorage Illiquid Opportunities Offshore Master III, L.P., Anchorage Illiquid Opportunities III (B), L.P. and AIO III AIV, L.P. Mr. Davis is the President of Anchorage Capital Group, L.L.C. and a managing member of Anchorage Advisors Management, L.L.C. Mr. Ulrich is the Chief Executive Officer of Anchorage Capital Group, L.L.C. and the other managing member of Anchorage Advisors Management, L.L.C.

2. Each reporting person may be deemed to be a beneficial owner of the reported securities for purposes of Rule 16a-1(a)(1) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Each reporting person disclaims beneficial ownership thereof within the meaning of Rule 16a-1(a)(2) under the Exchange Act except to the extent, if any, of its or his pecuniary interest therein. The filing of this Form 3 shall not be deemed to be an admission that any reporting person is the beneficial owner of any such securities for purposes of Section 16 of the Exchange Act or for any other purpose.

Remarks:

	ANCHORAGE ADVISORS MANAGEMENT, L.L.C., By: /s/ Kevin M. Ulrich, Authorized Signatory	10/15/2013
	ANCHORAGE CAPITAL GROUP, L.L.C., By: /s/ Kevin M. Ulrich, Authorized Signatory	10/15/2013
	/s/ Anthony L. Davis	10/15/2013
	/s/ Kevin M. Ulrich	10/15/2013
	** Signature of Reporting Person	Date
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