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Cubic Energy Inc

Independent Oil and Gas (IOG) is a UK-based company focused on exploration and production of oil and gas in the North Sea. The company is listed on the London Stock Exchange (LSE) under the ticker IOG.L, and it does not have a listing on a US-based stock exchange such as the NYSE or NASDAQ. Therefore, there is no stock symbol "CBNR" for IOG on a US-based exchange.

As for the company's fundamentals, IOG has been working to develop its core portfolio of assets in the Southern North Sea, which include the Southwark, Nailsworth, Elland, and Blythe fields. The company has made progress in recent years, including the successful drilling of appraisal wells and the acquisition of additional licenses. However, IOG is still in the development phase and has not yet achieved profitability.

In its most recent financial results, for the six-month period ended September 30, 2021, IOG reported a loss of £14.2 million (approximately $19.5 million). While the company has made progress in recent years, it still faces several challenges, including the need to secure funding for its development plans and the ongoing impact of the COVID-19 pandemic on the global energy market.

In terms of growth prospects, IOG's success will depend on its ability to bring its portfolio of assets online and achieve sustainable production. The company has made progress in recent years, including the submission of a Field Development Plan for its core portfolio of assets in the Southern North Sea. However, there are still risks and uncertainties associated with the development of oil and gas fields, and investors should carefully consider these before investing in IOG or any other energy company.