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Michael N. Brette,J.D. posted a discussion

Lucas Energy (Amex NYSE:LEI) announces new Letter of Intent for Joint Venture valued at $1.00 per share in cash

LEI announced a nonbinding Letter of Intent for a new joint venture anticipated to close prior to the end of the Company's fiscal year end March 31, 2010 subject to the completion of a purchase and sale agreement. The purpose of the joint venture is the development of the Eagle Ford Shale properties owned by Lucas Energy, Inc. in Gonzales County, Texas.  The joint venture partner will acquire an 85% working interest in the deep rights, including the Eagle Ford Shale formation. Lucas will retain…See More
Mar 7, 2010
Michael N. Brette,J.D. posted a discussion

Lucas Energy increases production 28% for the first half of Feb.2010

Lucas Energy stock symbol LEI announced today that daily average production for the first half of Feb. 2010 increases approximately 28% over the daily average for Jan. 2010. Further, the daily average production from operated wells for the first half of Feb. 2010 has increased 52% over the Dec. 2009 daily average. The average daily gross production for the first sixteen days of Feb. 2010 has been 140 barrels per day to 220 barrels of oil per day. Lucas Energy anticipates additional workovers to…See More
Feb 19, 2010
Michael N. Brette,J.D. posted a discussion

Lucas Energy receives $3.9 million in funding to open new wells & increase production.

Lucas Energy stock symbol LEI announced today they received approximately $3.9 million in capital from its joint venture partners. The money will be used to open 4 new wells. Three of the wells are in Wilson County, Texas and one well is in Gonzales County, Texas where Lucas Energy has existing producing wells. This investment capital came from the same joint venture partners who last September 2009 invested $2.7 million with Lucas Energy.
Feb 4, 2010
Stephen D replied to Michael N. Brette,J.D.'s discussion Standard & Poor's initiates Factual Stock Report Coverage on Lucas Energy, Inc. (LEI)
"I've been reading on this stock quite a bit when I bought it. The company's goal is quite profitable, but something is not right. I'm hoping it can get back to about .90, but honestly with the history of this stock, I'm quite…"
Dec 23, 2009
Ray MacDonald replied to Michael N. Brette,J.D.'s discussion Standard & Poor's initiates Factual Stock Report Coverage on Lucas Energy, Inc. (LEI)
"Do you guys see LEI getting any news or going up in the near term? I was turned onto the stock by reading this forum, have been watching it for a while. Looks like it might be a good pick up now?"
Dec 23, 2009
Stephen D replied to Michael N. Brette,J.D.'s discussion Standard & Poor's initiates Factual Stock Report Coverage on Lucas Energy, Inc. (LEI)
"it's about time we see some action on this. Up almost 14% today."
Dec 23, 2009
Stephen D replied to Michael N. Brette,J.D.'s discussion Standard & Poor's initiates Factual Stock Report Coverage on Lucas Energy, Inc. (LEI)
"me too. I was tempted to sell 20 times since then"
Dec 22, 2009
xza qus replied to Michael N. Brette,J.D.'s discussion Standard & Poor's initiates Factual Stock Report Coverage on Lucas Energy, Inc. (LEI)
"and you are back Michael. You just love this stock .. :) I am still holding my position and waiting it to go up (its down almost 50% of what I entered at)."
Dec 22, 2009
Michael N. Brette,J.D. posted a discussion

Standard & Poor's initiates Factual Stock Report Coverage on Lucas Energy, Inc. (LEI)

This report is accessible on an ongoing basis to the investment community by scores of buy-side institutions and sell-side firms that utilize S&P research and information platforms daily. Millions of self-directed investors also have access to the report via their e-brokerage accounts.
Dec 22, 2009
Stephen D replied to Michael N. Brette,J.D.'s discussion Lucas Energy (LEI) increases oil production steadily since 2005 rising from 10,000 to 50,000 barrels annually.
"i'm pennies away from losing faith in this stock. Despite them increasing oil production by a lot since 2005, their stock has been equally losing in value since that time. It was once a $10 stock at one point, now it's about to touch an…"
Nov 30, 2009
Michael N. Brette,J.D. posted a discussion

Lucas Energy (LEI) increases oil production steadily since 2005 rising from 10,000 to 50,000 barrels annually.

Lucas Energy has a proven ability to find reserves overlooked by larger companies or wells that are shut-in or abandoned by other operators. Currently, the company is targeting wells expected to increase monthly production rate by 20-30%. The company's goal is to reach a daily oil production rate of 500 barrels. Read the complete interview with the President at www.thebullandbear.com
Nov 30, 2009
Michael N. Brette,J.D. updated their profile
Nov 24, 2009
Michael N. Brette,J.D. replied to Michael N. Brette,J.D.'s discussion Lucas Energy (LEI) announces acquisition of additional 2,500 acres with existing oil wells.
"Six hedge funds dumped the stock last year when Wall Street fell apart and the hedge funds were getting redemptions from their investors. The only liquid stock these six hedge funds had was LEI. So they sold at any price pushing the price down. Look…"
Nov 24, 2009
Stephen D replied to Michael N. Brette,J.D.'s discussion Lucas Energy (LEI) announces acquisition of additional 2,500 acres with existing oil wells.
"this stock is really making me nervous, despite the good intentions of the CEO. It's gone from a $10+ company to a $0.58 company in a couple of years. I can't see how Yahoo! is estimating this as a $6+ per share company in a year."
Nov 23, 2009
Stephen D replied to Michael N. Brette,J.D.'s discussion Lucas Energy (LEI) announces acquisition of additional 2,500 acres with existing oil wells.
"If you dont mind me asking… how many shares do you have in LEI ?"
Nov 22, 2009
Michael N. Brette,J.D. posted a discussion

Lucas Energy is featured in www.thebullandbear.com. Building a different kind of oil & gas public company.

Texas-based Lucas Energy stock symbol LEI is feature in an article at www.thebullandbear.com. The President, Bill Sawyer discusses current trends and events for the company. To date the company has acquired 61 properties encompassing over 15,000 acers in Gonzales, Wilson and Karnes Counties, Texas with 2.2 million barrels in proven oil reserves in 26 wells in the Austin Chalk Trend as wells as Eagleford Shale Formation. Read the comlete article.
Nov 22, 2009

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What Stocks to Buy? Oil prices continue to rise and oil stocks are a good buy for the long term. For oil stock ideas, check out the latest hot shale plays in the US.

Utica Shale
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