Lucas Energy, Inc. (LUCE)

[deadeyeon]

Go lose more money Gilligan

[solarking35]

You talk like a 1 year old, Lloyd! Now go watch Romper Room!

[deadeyeon]

You are the moron. I made money trading this stock. Go back to your Island Gilligan.

[solarking35]

Hey Lloyd, if you don't think those private placement investors aren't forward selling for a quick 100% return, you are dumber than dumb!

http://www.imdb.com/title/tt0109686/

[deadeyeon]

Prove it Gilligan

[solarking35]

12 million pp shares @ 1.15 are being flipped. It will take at least 9 months before the flipping ends and the pp investors will end up selling down close to 1.15 before they are done. When LUCE drops below 2, look out below!!!

[deadeyeon]

Wrong as usual Gilligan I sold yesterday @2.15 I bought @1.79 5k shares

[solarking35]

Bidders lined up at 1.50. That's where LUCE is headed and I wouldn't buy above that price.

[solarking35]

LUCE is a "sell the news"! All of yesterday's buyers are looking to sell! Better hope LUCE doesn't hit dry holes like PVRS.OB or it to will be a .17 stock!

[deadeyeon]

Click on the level 11 quote provided here. 26,660 @2.159 just after the close. I guess u just get 15 or 20 min delayed quotes. "duh!" shows your age,ignorance,and childish behavior. I get it u have a problem w/the iceman. But u need to post fact not fiction.

[solarking35]

I don't know what you were watching, but LUCE closed at 2.04! duh!

[deadeyeon]

Really? Honestly I really do think u watch Gilligans Island all day. Did u not see 26,660 @2.159 go buy just at the close? I am not here to defend ice but try and post facts not mindless bashing.

[solarking35]

Iceman killed the rally with his selling. Watch LUCE drop to 1.75 tomorrow.

[deadeyeon]

Luce Starting to climb! Not much volume but it is going up and it broke 2.

[solarking35]

It could be iceman dumping the 650,000 shares he received as compensation for pumping it.

[deadeyeon]

"Someone is dumping hundreds of thousands of shares in the 1.70-1.80" Really? If that is true the sp would be in the pennies by now. Look at the volume if someone is dumping that many shares it would be much lower. JMHO

[solarking35]

LUCE is anothe iceman pump & dump! It's just been hammered with selling since he initially pumped it at 3.50 and someone is still dumping hundreds of thousands of shares in the 1.70's and 1.80's.

[deadeyeon]

Trying to get in under 1.80. Looks like maybe a good time to buy.

[stockpsychic]

I'm out, not really impressed any more

[III]

still long? been watching this for a little and not sure what to think?

III

[QualityStocks]

Proved Reserves Look Strong

Lucas Energy, Inc. (LUCE.OB), an independent oil and gas company, reported the results of an independent study of the Company’s oil and gas reserves performed by Forrest A. Garb and Associates, Inc., an independent licensed petroleum engineering firm based in Dallas.


The report estimates the undiscounted future net revenue (FNR) from these reserves at $67,363,580 or a discounted PV-10 of $35,941,320 which is commonly known as the SEC PV-10 figure.

The reserve report which is based on interests owned by Lucas Energy, Inc. in certain oil and gas properties located in Gonzales, Baylor, Karnes, and Wilson counties, Texas.

The total net reserves are 1,582,540 barrels of crude oil and 41.53 MMCF of natural gas.

James J. Cerna, Chief Executive Officer of Lucas Energy, stated, “We are very pleased with the results of this report. The independent verification of our efforts to date will help the company accelerate its growth in the future.”

Please see the disclaimers on the QualityStocks.net website.

[QualityStocks]

Independent Firm Confirms the Company’s 1.5 Million Barrels of Oil in Reserves

Forrest A. Garb and Associates, Inc., an independent licensed petroleum engineering firm, reported that Lucas Energy has approximately $67,363,580, or a discounted PV-10 of $35,941,320, in undiscounted future net revenue from their reserves.

The total net reserves are 1,582,540 barrels of crude oil and 41.53 MMCF of natural gas. The CEO of Lucas Energy stated he is pleased with the report, and believes the verification will help the company accelerate its growth in the future.

The Chief Operations Officer of Lucas Energy, William A. Sawyer, said, "The reserve volumes are reflective of the successful business plan and effort to bring value to the company and shareholders through development in an underdeveloped area."

"Please see the disclaimers on the QualityStocks.net website."

[pennytradermeg]

There's alot of activity today. I think we're starting the run.... NICE

[stockpsychic]

Nice news, I'm playing this long, so I'm not too worried about today's volume, eventually we're going to catch on

[QualityStocks]

Rating Upgraded for LUCE

Lucas Energy, Inc. (LUCE.OB) has reported that the independent research firm, TRI-STATE Capital, has upgraded their equity rating on LUCE.

The news comes as Lucas Energy has been moving aggressively forward on two key projects. First, the Company has recently acquired the Team Bank No.1-H well, Wilson County, Texas. The well was drilled in 1992 and has cumulative production of 35,159 bbls of oil. The well is a horizontal that is currently producing from the Austin Chalk formation.

Secondly, LUCE is beginning their work over program on six wells which where acquired from the Delphic Oil and Gas Company.

[QualityStocks]

Lucas Energy Impresses Respected Research Firm

Lucas Energy is pleased to announce that TRI-STATE Capital has upgraded their equity rating on the company. The recent acquired well in Wilson County, Texas is the principle reason for the upgrade; while Lucas Energy’s work over program on the wells acquired from Delphic Oil and Gas Company also contributed.

The President of Lucas Energy, James Cerna Jr. commented that he is honored to have a quality research firm review the company’s operations and progress. He believes that the upgrade encourages the shareholders and reinforces that they are headed in the right direction. In closing, he stated, “We will continue to aggressively acquire additional wells and grow our company.”

[QualityStocks]

Luce Begins 2008 Work Program

Lucas Energy, Inc. (LUCE.OB), an independent oil and gas company, reported that it has begun its workover program of the wells acquired from the Delphic Oil and Gas company in December of 2006. The Delphic assets represent 4 properties and 6 wells with a total of 1172.29 acres.


Testing on two of the wells has shown “virgin pressure” at depth. This is a good indication that production can be increased with further drilling and stimulation techniques. The company is also encouraged by recent engineering indicating future development locations.

The company plans to include these proved undeveloped locations in its fiscal 2008 drilling program which began April 1, 2007.

[pennytradermeg]

There's nice volume so far today; I think we will close @ 2.60

[stockpsychic]

Nice, I'm in this at $2.40, my guess is we get a nice steady move to around $4, from what I'm hearing...

[QualityStocks]

Lucas Energy Receives Positive Results From Initial Testing

Lucas Energy announced that they have begun its Workover Program on the wells acquired from Delphic Oil and Gas Company in December of 2006. The asset includes 6 wells and 4 properties adding up to a total of 1,172 acres.

Two of the wells have already been tested and have shown ‘virgin pressure’ at depth. This means that production can be increased by drilling deeper and through stimulation techniques.

[pennytradermeg]

I like this. I think I'm going to take a try at it.

[QualityStocks]

LUCE Adds 5,000 Acres for Exploration

Lucas Energy, Inc. (LUCE.OB) continues on an aggressive growth track. The U.S.-based independent oil and gas company, announced recently that it has added the Team Bank No.1-H well, Wilson County, Texas to its portfolio.

The well was drilled in 1992 and has cumulative production of 35,159 bbls of oil. The well is a horizontal that is currently producing from the Austin Chalk formation.The Team Bank property is a 240 acre lease in an area that has not been fully developed.

Lucas Energy, Inc. plans to boost production by cleaning out the current lateral and drilling an additional lateral from the current well bore. Further, Lucas Energy, Inc. plans to explore the potential for the Wilcox formation and the Poth formation on the lease.

This acquisition follows a succession of new properties which over the last seven months represents approximately 5,000-plus acres in leased assets in the Gonzales/Wilson County region.

[QualityStocks]

Lucas Energy Adds a New 240 Acre Property to Its Assets

Before the bell, Lucas announced that it has acquired the Team Bank No.-H well in Wilson County, Texas. The horizontal well has produced 35,159 bbls of oil and is currently producing from the Austin Chalk Formation.

The land has not yet been fully developed. Lucas Energy plans to clean out the current lateral, and drill an additional lateral from the current well bore. Furthermore, they plan to explore the potential for the Wilcox and Poth formations on the lease.

Lucas Energy has been aggressively acquiring new properties and has succeeded in receiving over 5,000 acres of leased assets in the Gonzales/Wilson County region.

[QualityStocks]

LUCE Appoints New Chief Financial Officer

Malek A. Bohsali has joined Lucas Energy as a Chief Financial Officer. He brings over 15 years of experience in the energy sector, including a background in engineering and fiscal governance. Bohsali has had positions in management of engineering activities, construction activities, negotiating major vendor contracts, and implementing financial controls. He has a remarkable history of identifying, analyzing and negotiating acquisitions in sizes of $50 Million to $1.45 Billion for fortune 200 companies.

James Cerna, CEO of Lucas Energy, stated that Mr. Bohsali’s experience will bring a significant amount of knowledge to Lucas Energy. He is excited to have a man of his caliber monitoring the quality of their asset portfolio.