Lucas Energy Completes Austin Chalk Well


East Texas Austin Chalk Play
(Click to Enlarge)

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 and tested 85 BOPD with no water, pumping. Intangible cost for re-entry of the well was less than $75,000 through completion.

William A. Sawyer, President and CEO of Lucas Energy, said, "The Ebrom No.1 well is a part of our 2009-III Joint Venture program. This well exemplifies the profitability of putting old wells back on production."

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