Lucas has commenced drilling the Kuntschik No.1HST well new lateral in Gonzales County, Texas. The Kuntschik No.1 well was purchased by Lucas Energy, Inc. in 2005 along with the sister well, the Kuntschik No.2. Both wells are horizontal Austin Chalk well. The Kuntschik No.1 well was completed in the Austin Chalk "D" zone. The current plan is to plug back the old lateral and drill a new lateral in the Austin Chalk "C" zone. The proposed new lateral will be approximately 4800 fee in length.
William A. Sawyer, President and Chief Executive Officer of the Company said, "The Kuntschik No.1HST horizontal Austin Chalk well should add to our production for the 2010-11 fiscal year."
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