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Last $2.10 USD
Change Today +0.0408 / 1.98%
Volume 19.2K
LEI On Other Exchanges
As of 8:04 PM 10/2/15 All times are local (Market data is delayed by at least 15 minutes).

lucas energy inc (LEI) Snapshot

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52 Week High
10/6/14 - $12.00
52 Week Low
08/24/15 - $1.23
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lucas energy inc (LEI) Details

Lucas Energy, Inc. operates as an independent oil and gas company in the United States. It engages in the acquisition and development of crude oil and natural gas from various formations, including the Austin Chalk and Eagle Ford formations, primarily in Gonzales and Wilson Counties, South Texas; and the Eaglebine, Buda, and Glen Rose formations in Leon County north of the city of Houston, Texas. As of March 31, 2015, the company had estimated net proved reserves 5.1 million barrels of oil equivalent comprising 4.6 million barrels of crude oil reserves and 3.0 billion cubic feet of natural gas reserves. Lucas Energy, Inc. is headquartered in Houston, Texas.

7 Employees
Last Reported Date: 08/14/15

lucas energy inc (LEI) Top Compensated Officers

Chief Executive Officer, President, Interim C...
Total Annual Compensation: $290.0K
Compensation as of Fiscal Year 2015.

lucas energy inc (LEI) Key Developments

Lucas Energy, Inc. Appoints GBH CPAs, PC Replacing Hein & Associates LLP as Independent Accounting Firm

Effective September 29, 2015, the Audit Committee of Lucas Energy, Inc. approved the dismissal of Hein & Associates LLP as the company's registered independent accounting firm and appointed GBH CPAs, PC as its new independent registered accounting firm, effective as of the same date.

Lucas Energy Regains Compliance With NYSE MKT Listing Standards

Lucas Energy, Inc. announced that the NYSE MKT has notified the Company that it has regained compliance with the NYSE MKT continued listing standards. On February 28, 2014, Lucas received notice that the Company was below certain of the NYSE MKT continued listing standards, as set forth in Section 1003(a)(iii) of the NYSE MKT Company Guide, due to its financial condition. In a letter dated September 8, 2015, the NYSE MKT notified the Company that Lucas Energy has successfully regained compliance with the NYSE MKT continued listing standards.

Lucas Energy, Inc. Announces Financial Results for the First Quarter Ended June 30, 2015

Lucas Energy, Inc. announced financial results for the first quarter ended June 30, 2015. Net loss was $1,032,000, or $0.73 per common share, which was a 17.7% improvement over the $1,254,000 net loss, or $0.96 per share, for the same three month period last year. This improvement reflected a decrease in operating expenses of approximately $0.8 million, partially offset by a decline of approximately $0.5 million in sales revenues. Net operating revenues were $394,000 compared to $942,000 a year ago. Loss before income taxes was $1,032,000 compared to $1,254,000 a year ago.


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