**Exhibit 31.2**

 

**CERTIFICATION**

**Pursuantto Rule 13a-14(a) and 15d-14(a)**

 

I, Larry Badgley, certify that:

 

1.                                       I have reviewed this annualreport on Form 10-K/A of Cubic Energy, Inc.

 

2.                                       Based on my knowledge, thisreport does not contain any untrue statement of a material fact or omit tostate a material fact necessary to make the statements made, in light of thecircumstances under which such statements were made, not misleading withrespect to the period covered by this report.

 

3.                                       [Intentionally omitted.]

 

4.                                       The registrant’s othercertifying officer and I are responsible for establishing and maintainingdisclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (asdefined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for theregistrant and have:

 

(a)                                  designed such disclosurecontrols and procedures, or caused such disclosure controls and procedures tobe designed under our supervision, to ensure that material information relatingto the registrant, including its consolidated subsidiaries, is made known to usby others within those entities, particularly during the period in which thisreport is being prepared;

 

(b)                                 designed such internal controlover financial reporting, or caused such internal control over financialreporting to be designed under our supervision, to provide reasonable assuranceregarding the reliability of financial reporting and the preparation offinancial statements for external purposes in accordance with generallyaccepted accounting principles;

 

(c)                                  evaluated the effectiveness ofthe registrant’s disclosure controls and procedures and presented in thisreport our conclusions about the effectiveness of the disclosure controls andprocedures, as of the end of the period covered by this report based on suchevaluation; and

 

(d)                                 disclosed in this report anychange in the registrant’s internal control over financial reporting thatoccurred during the registrant’s fourth fiscal quarter that has materiallyaffected, or is reasonably likely to materially affect, the registrant’sinternal control over financial reporting.

 

5.                                       The registrant’s othercertifying officer and I have disclosed, based on our most recent evaluation ofinternal control over financial reporting, to the registrant’s auditors and theAudit Committee of the registrant’s Board of Directors (or persons performingthe equivalent functions):

 

(a)                                  all significant deficienciesand material weaknesses in the design or operation of internal control over financialreporting which are reasonably likely to adversely affect the registrant’sability to record, process, summarize and report financial information; and,

 

(b)                                 any fraud, whether or notmaterial, that involves management or other employees who have a significantrole in the registrant’s internal control over financial reporting.

 
| Date: November 20, 2008 |                  |
|------------------------------|-----------------------|
|                         |                  |
| Signature:                   | /s/ Larry Badgley     |   |
|                         | Larry Badgley, C.F.O. |   |

 

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