HOUSTON, April 13, 2010 (GLOBE NEWSWIRE) -- Lucas Energy, Inc. (NYSE Amex:LEI), an independent oil and gas company (the "Company") based in Houston, Texas, today announced that the Company began the re-entry of the Stobb No.1 well on April 9, 2010. The well is 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.
William A. Sawyer, President and CEO of Lucas Energy, said, "Our success so far in Wilson County, Texas leads us to believe that we should continue re-entering wells in that area such as the Stobb No.1. Lucas Energy, Inc. has a good acreage position in the area and continues to look for prospective acreage." For more information on this and other activities of the Company, see the Lucas Energy web site www.lucasenergy.com.
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Forward-Looking Statement
This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement identified by the words "expects," "projects," "plans," "feels," "anticipates" and certain of the other foregoing statements may be deemed "forward-looking statements." Although Lucas Energy believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this press release. The Company's complete filings with the Securities and Exchange Commission are available at http://www.sec.gov.