Lucas Energy Gets Approval to List On The ASE as 'LEI'

Lucas Energy, Inc., a U.S. based independent oil and gas company, announced that the Company's application for listing its Common stock on The American Stock Exchange (AMEX) has been approved and will begin trading effective at the open of market on February 15, 2008. The new stock symbol on the AMEX will be LEI.

This approval is contingent upon the Company being in compliance with all applicable listing standards on the date it begins trading on the Exchange, and may be rescinded if the Company is not in compliance with such standards.

James J. Cerna, Chief Executive Officer of Lucas Energy, stated, "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, to the benefit of our current shareholders, future investors and the Company."