Lucas Energy, Inc. Company News

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Lucas Energy To Farm Out Eagle Ford Acreage
Lucas Energy announces an LOI with a private independent operator to farm out acres on its Karnes County Eagle Ford leasehold.
8:00 PM EST | March 25, 2014
Lucas Energy, Nordic Oil Terminate $22 Million Agreement
Houston-based Lucas Energy failed to pay promissory note to Nordic Oil, resulting in a lawsuit and termination of agreement.
8:00 PM EST | April 01, 2013
Lucas Completes HZ Tx. Well in Austin Chalk Formation
Lucas Energy, Inc. has completed the Hagen Ranch No.4H well in Gonzales County, Texas as a flowing horizontal oil well in the Austin Chalk formation.
7:00 PM EST | February 07, 2012
Lucas Spuds Tx. Well
Lucas Energy, Inc. announced that the Company has spudded the Hagen Ranch Unit No.1HST well in Gonzales County, Texas.
7:00 PM EST | January 25, 2012
Lucas Energy Spuds Hagen Ranch Well
Lucas Energy spuds Hagen Ranch No.4H well in Gonzales County, Texas.
7:00 PM EST | December 21, 2011
Lucas Closes Sale of Tx. Counties
Lucas announced the closing of its previously reported purchase and sale agreement with Nordic Oil.
7:00 PM EST | November 29, 2011
Lucas to Sell New Mexico Property
Lucas announced that the previously reported letter of intent with Nordic Oil USA 2 LLLP culminated in the execution of a Purchase and Sale Agreement with Nordic 2 on October 13, 2011.
8:00 PM EST | October 19, 2011
Lucas Begins Drilling in Gonzales County
Lucas has commenced drilling the Kuntschik No.1HST well new lateral in Gonzales County, Texas.
8:00 PM EST | October 02, 2011
Lucas Notes No Stock Dilution in Nordic Acquisition
Lucas and Nordic Oil USA I have discussed a note to cash transaction for the final purchase and sale agreement leaving out the proposed conversion to stock.
8:00 PM EST | September 27, 2011
Lucas Wraps Up Ops at Austin Chalk Formation
Lucas has completed the Rainey Unit No.1H well in Gonzales County, Texas as a pumping horizontal oil well in the Austin Chalk formation.
8:00 PM EST | September 22, 2011
Lucas Completes Milton Hines Well in Tx.
Lucas announced that the Company has completed the Milton Hines No.1ST new lateral in Gonzales County, Texas as a pumping oil well in the Austin Chalk formation.
8:00 PM EST | September 21, 2011
Lucas, Seidler O&G Enter Joint Venture
Lucas has entered into a joint venture agreement with Seidler O&G.
8:00 PM EST | April 26, 2011
Lucas Sees Production Increae in 4Q10
Lucas reported that production for the 4th quarter 2010-11 was up approximately 15% over the production for the 3rd quarter 2010-11.
8:00 PM EST | April 19, 2011
Hilcorp Wraps Up Ops at Eagle Ford HZ Well
Hilcorp's Hagen EF No.2H Eagle Ford horizontal well has been fracture stimulated, completed, and tested.
7:00 PM EST | March 01, 2011
Lucas Increases Potential Reserves Estimate at Eagle Ford
Lucas has provided an internal management update based upon its revised Eagle Ford potential reserves (proved and probable) as of September 30, 2010.
7:00 PM EST | November 28, 2010
Hilcorp Completes Drilling HZ Eagle Ford Well
Hilcorp has completed drilling the Hagen EF No.1H, an Eagle Ford horizontal well, in Gonzales County, Texas.
7:00 PM EST | November 07, 2010
Hilcorp Begins Drilling Eagle Ford HZ Well in Tx.
Hilcorp has commenced drilling the Hagen EF No.1H, an Eagle Ford horizontal well in Gonzales County, Texas.
8:00 PM EST | October 20, 2010
Lucas Notes Permitting of 1st Eagle Ford Well
Hilcorp has permitted the Hagen EF No.1H well in Gonzales County, Texas.
8:00 PM EST | September 30, 2010
Lucas Wraps Up Ops in Wilson County
Lucas has completed Wall No.1 well on June 7, 2010.
8:00 PM EST | July 26, 2010
Lucas Completes Gescheidle Well
Lucas has completed Gescheidle No.1 well on May 11, 2010.
8:00 PM EST | July 25, 2010
Lucas Expands Presence in Eagle Ford Trend
Lucas has acquired a producing 240 acre lease in Wilson County, Texas along the Eagle Ford trend.
8:00 PM EST | July 18, 2010
Lucas Closes 2nd Part of Eagle Ford JV
Lucas has closed the second part of its Eagle Ford joint venture with Hilcorp Energy.
8:00 PM EST | July 01, 2010
Lucas Begins Testing Wilson County Well
Lucas has begun testing the Wall No.1 well, Wilson County, Texas.
8:00 PM EST | June 21, 2010
Lucas Acquires Additional Acreage in Eagle Ford Play
Lucas has acquired approximately 2,000 additional acres in the Eagle Ford - Austin Chalk Trend area.
8:00 PM EST | June 14, 2010
Lucas Begins Testing Tx. Well
Lucas Energy has begun testing the Gescheidle No.1 well, Gonzales County, Texas.
8:00 PM EST | June 09, 2010
Lucas Re-Enters HZ Well in Austin Chalk
Lucas Energy began the re-entry of the Stoeltje No.2 well on May 3, 2010.
8:00 PM EST | May 10, 2010
Lucas Closes 1st Part of Eagle Ford Shale JV
Lucas Energy has closed the first part of an Eagle Ford Shale joint venture with Hilcorp. Hilcorp acquired part of the Lucas Energy, deep rights (Eagle Ford rights) in Gonzales County, Texas
8:00 PM EST | May 09, 2010
Lucas Energy Completes Austin Chalk Well
Lucas Energy has completed Ebrom No.1 well on March 25, 2010. The well is a re-entry of a straight hole well in the Austin Chalk formation.
8:00 PM EST | April 19, 2010
Lucas Re-Enters Austin Chalk Well
Lucas Energy began drilling operations on the Stobb No.1 well, a re-entry of a straight hole well in the Austin Chalk formation. The well is expected to be completed within the next few weeks.
8:00 PM EST | April 12, 2010
Lucas Energy Re-Enters Austin Chalk Well
Lucas Energy spudded the Milton Hines No.1 well, a re-entry with a new lateral in the Austin Chalk formation.
7:00 PM EST | March 02, 2010
Lucas, Terra Plan Texas JV
Lucas Energy, Inc., an independent oil and gas company (the "Company") based in Houston, Texas, has signed a Memorandum of Understanding (MOU) with Terra Energy & Resource Technologies, Inc.
7:00 PM EST | January 04, 2010
Lucas Energy Teams Up with Terra Energy & Resource Technologies
Lucas Energy and Terra Energy & Resource Technologies signed a Memorandum of Understanding for a joint venture for development of oil and gas properties in Texas with application of Terra's innovative technologies.
7:00 PM EST | December 01, 2009
Lucas Energy Re-enters Horizontal in Austin Chalk Play
Lucas Energy has commenced drilling the Kayla Unit No.1 well, Gonzales County, Texas, a re-entry of a horizontal in the Austin Chalk formation.
8:00 PM EST | October 06, 2009
Lucas Energy Reenters Vertical Austin Chalk Well
Lucas Energy announced the commencement of drilling the Norris No.1 well, Gonzales County, Texas, a re-entry of a vertical Austin Chalk well originally drilled down to the Buda and Georgetown formations
8:00 PM EST | August 18, 2009
Lucas Energy Spuds Mills Oil Unit No. 1 at Austin Chalk Play
Lucas Energy has reported the commencement of drilling the Mills Oil Unit No.1 well, Gonzales County, Texas, a re-entry of an Austin Chalk well completed in a horizontal leg.
8:00 PM EST | August 09, 2009
Lucas Energy Implements Summer 2009 Workover Program
Lucas Energy announced the implementation of its Summer 2009 workover program.
8:00 PM EST | June 16, 2009
Savoy Inks LOI to Acquire 100% Stake in Producing Texas Oil Well
Savoy has signed a Letter of Intent to acquire 100% of the working interest of the Wright Well in Gonzalez County, Texas from Lucas Energy.
8:00 PM EST | June 02, 2009
Lucas Energy Appoints New Chairman to Board of Directors
Lucas Energy has elected Fred Hofheinz as Chairman of the Board of Directors.
8:00 PM EST | May 10, 2009
Lucas Energy Appoints Chief Financial Officer
Lucas Energy has elected Don L. Sytsma, CPA to Treasurer and Chief Financial Officer of the corporation effective April 14, 2009.
8:00 PM EST | April 20, 2009
Lucas Energy Implements Cost Reduction Program
During the current period of lower oil prices, Lucas Energy, Inc. has implemented initiatives to reduce expenses of overhead and field operations.
8:00 PM EST | March 29, 2009
Lucas Energy Kicks Off Drilling in Texas
Lucas Energy began drilling operations on a lateral extension to the Hagen Ranch-3 well in Gonzales County, Texas.
8:00 PM EST | September 24, 2008
Lucas to Repurchase Up to 1MM Shares
Lucas Energy, Inc., a U.S. based independent oil and gas company, announced that its Board of Directors has approved the repurchase of up to 1 million shares of its Common stock over the next 18 months.
8:00 PM EST | July 24, 2008
Lucas Energy Acquires Hines Unit No. 1 Well and Acreage
The well is a straight-hole completion in the Austin Chalk formation, which has had cumulative production of more than 173,000 bbls of oil, since its initial production in 1981.
8:00 PM EST | April 23, 2008
Lucas Continues Rework Activities at the G.G. Griffin No. 5 Well
The well initially tested at 20 BOPD and 33 BWPD and has not yet been stimulated. Generally, Lucas Energy, Inc. waits to assess a newly renovated well's production for several months prior to stimulation.
8:00 PM EST | March 11, 2008
Movin' on Up: Lucas' Drilling Continues as Oil Hits All Time Highs
The new 300 acre property offsets the Hagen Ranch No.3 well to the southwest and is part of the Company's plan to extensively develop the area. The Cone-Dubose Unit No.1 well was acquired from an independent operator in the area.
7:00 PM EST | February 20, 2008
Lucas Energy Gets Approval to List On The ASE as 'LEI'
"Lucas Energy is very proud to achieve this milestone in our corporate development. We feel the AMEX listing will enable more visibility with the global investment community as well as increased liquidity for our Common stock...."
7:00 PM EST | February 13, 2008
Lucas Energy Announces Record Q3 Fiscal 2008 Financial Results
Total revenues for the three months ended December 31, 2007 were up 104.6% to $811,023 compared to $396,367 in the year-ago period. For the nine months ended December 31, 2007, total revenues were up 85% to $1,747,510.
7:00 PM EST | February 06, 2008
Lucas Energy's Proved Reserves at $54.5 Million
The report estimates the undiscounted future net revenue (FNR) from these reserves at $92,674,580, or a discounted PV-10 of $54,555,200, which is commonly known as the SEC PV-10 figure.
7:00 PM EST | January 14, 2008
Lucas Energy Successfully Completes New Horizontal Well
Lucas Energy, Inc. has successfully completed the drilling of a new lateral from the Perkins Oil Unit No.1 well, Pilgrim (Austin Chalk) Field, Gonzales County, Texas.
7:00 PM EST | January 02, 2008
Lucas Energy Acquires 300 Acre Oil and Gas Property
Lucas Energy, Inc. has acquired the Cone-Dubose Unit No.1 well, Christian (6800) Field, Gonzales County, Texas.
7:00 PM EST | January 01, 2008