HOUSTON, Oct. 20, 2016 /PRNewswire/ -- Lucas Energy Inc. (NYSE MKT: LEI) ("Lucas" or the "Company"),an independent oil and gas company with operations in Oklahoma and Texas, today updated its operational activity in the Eagle Ford shale and development activity in Oklahoma. Specifically, in south Gonzales County, Texas, in the Eagle Ford shale, the Company participated in the Cyclone #9H well that tested 598 barrels of [...]
Promotes Pinkston to Principal Financial Officer, Treasurer and Secretary HOUSTON, Oct. 6, 2016 /PRNewswire/ -- Lucas Energy Inc. (NYSE MKT: LEI) ("Lucas" or the "Company"), an independent oil and gas company with its operations in Oklahoma and Texas, today announced that on October 4, 2016, the NYSE MKT LLC (the "Exchange") granted and accepted the Company's compliance plan (the "Plan") dated August 21, 2016. The [...]
HOUSTON, Aug. 31, 2016 /PRNewswire/ -- Lucas Energy Inc. (NYSE MKT: LEI) ("Lucas" or the "Company"), an independent oil and gas company, announced that, effective August 25, 2016, it closed the acquisition of working interests in producing properties and undeveloped acreage in Texas and Oklahoma, including varied interests in two contiguous acreage blocks in the liquids-rich Mid-Continent region of the U.S., from Segundo [...]
HOUSTON, Aug. 25, 2016 /PRNewswire/ -- Lucas Energy Inc. (NYSE MKT: LEI) ("Lucas" or the "Company"), an independent oil and gas company with its operations in central Texas, today announced that its wholly-owned subsidiary, CATI Operating, LLC ("CATI"), entered into an agreement with its senior lender, as evidenced by a promissory note, to borrow $1 million, effective August 15, 2016. The Company plans to use the funds [...]
HOUSTON, Aug. 23, 2016 /PRNewswire/ -- Lucas Energy Inc. (NYSE MKT: LEI) ("Lucas" or the "Company"), an independent oil and gas company with its operations in central Texas announced that at a separate special stockholder meeting today its shareholders voted to approve the Asset Purchase Agreement to acquire the working interests in certain oil and gas properties from Segundo Resources and various sellers. Also approved [...]
HOUSTON, Aug. 12, 2016 /PRNewswire/ -- Lucas Energy Inc. (NYSE MKT: LEI) ("Lucas" or the "Company"), an independent oil and gas company with its operations in central Texas, today announced its first quarter results for the period ending June 30, 2016 and the filing of its Quarterly Report on Form 10-Q for the quarter ended June 30, 2016, on August 12, 2016. "With the shareholder vote on the proposed acquisition of oil [...]
HOUSTON, July 29, 2016 /PRNewswire/ -- Lucas Energy Inc. (NYSE MKT: LEI) ("Lucas", "us", "our" or the "Company"), an independent oil and gas company with its operations in central Texas, today announced that a special meeting of stockholders will be held on August 23, 2016 at 9:00 a.m. Central time at River Oaks Executive Center, Highland Village Boardroom, located at 4265 San Felipe, Suite 1100, Houston, Texas 77027 [...]
HOUSTON, July 22, 2016 /PRNewswire/ -- Lucas Energy Inc. (NYSE MKT: LEI) ("Lucas" or the "Company"), an independent oil and gas company with its operations in central Texas, today announced that, as previously disclosed in its Annual Report on Form 10-K for the year ended March 31, 2016, which was filed with the Securities Exchange Commission on July 13, 2016, the audited financial statements of the Company contained an [...]
HOUSTON, July 13, 2016 /PRNewswire/ -- Lucas Energy Inc. (NYSE MKT: LEI) ("Lucas" or the "Company"), an independent oil and gas company with its operations in central Texas, today announced its fourth quarter and fiscal year-end results for the periods ending March 31, 2016 and the filing of its Annual Report on Form 10-K on July 13, 2016. "While the past year was another difficult one for the energy industry, it [...]
HOUSTON, April 15, 2016 /PRNewswire/ -- Lucas Energy, Inc. (NYSE MKT: LEI) ("Lucas" or the "Company") announced today that the Company, Silver Star Oil Company ("Silver Star") and Target Alliance London Limited ("TALL") have entered into an Assignment, Assumption and Amendment to its Line of Credit and Notes Agreement. Under the new agreement, Silver Star has assigned an existing $200,000 Convertible Promissory Note and [...]
HOUSTON, April 7, 2016 /PRNewswire/ -- Lucas Energy Inc. (NYSE MKT: LEI) ("Lucas" or the "Company") announced today that it has entered into a series of agreements with an institutional investor whereby it will receive $10.0 million of equity capital, subject to meeting certain conditions. The initial investment is structured as a Redeemable Convertible Subordinated Debenture which will automatically convert into common [...]
HOUSTON, April 1, 2016 /PRNewswire/ -- Lucas Energy, Inc. (NYSE MKT: LEI) ("Lucas" or the "Company") announced today that it has entered into (a) a Convertible Note Purchase Agreement, which provides for up to $600,000 of funding, of which $450,000 has been received to date, and (b) a Short Term Promissory Note with a third party relating to a loan of $250,000, each to fund near-term financial obligations. These [...]