Lucas Energy (LEI) raising $6 Million for Eagle Ford wells.
http://www.bizjournals.com/houston/news ... ?ana=yfcpc
Watch List: Lucas Energy (LEI)
Watch List: Lucas Energy (LEI)
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
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celtic
Re: Watch List: Lucas Energy (LEI)
Really nice move today.
"Lucas Energy, Inc. (Amex: LEI) 26.7% HIGHER; reported today that the Hilcorp Energy Company operated Hagen EF No.2H Eagle Ford horizontal well has been fracture stimulated, completed, and tested. The well will be put on production, flowing, to recover oil and a portion of the load water. After a few weeks, the well may be put on artificial lift. Lucas believes that the well will meet, or exceed, its expectations of a 500 BOPD IP (initial test potential) and will increase the Company's net production, cash flow from producing wells, and net proved producing reserves significantly."
I continue to hold this one. Thanks, Anne
"Lucas Energy, Inc. (Amex: LEI) 26.7% HIGHER; reported today that the Hilcorp Energy Company operated Hagen EF No.2H Eagle Ford horizontal well has been fracture stimulated, completed, and tested. The well will be put on production, flowing, to recover oil and a portion of the load water. After a few weeks, the well may be put on artificial lift. Lucas believes that the well will meet, or exceed, its expectations of a 500 BOPD IP (initial test potential) and will increase the Company's net production, cash flow from producing wells, and net proved producing reserves significantly."
I continue to hold this one. Thanks, Anne
Re: Watch List: Lucas Energy (LEI)
I'm out. Perhaps it will go to 5 or more but just too much too fast for me
Even though LEI never qualified for the 16 (totally understandable) thanks Dan for calling it to our attention a couple years ago. I followed the Yahoo MB and appreciated the fact that some of the posters lived in the area and were following the progress of the wells and new the intimate details of the region potential. I met Sawyer a couple times when he was in San Francisco and felt good about the message for whatever that was worth.
Even though LEI never qualified for the 16 (totally understandable) thanks Dan for calling it to our attention a couple years ago. I followed the Yahoo MB and appreciated the fact that some of the posters lived in the area and were following the progress of the wells and new the intimate details of the region potential. I met Sawyer a couple times when he was in San Francisco and felt good about the message for whatever that was worth.