Lucas Energy (LEI) Reports Three Well Completions
Lucas Energy reported the successful completion of three wells as part of the company’s 2010 oil and gas development program. The wells were drilled and completed over the last two months on the company’s acreage in Texas. Lucas Energy drilled and completed the Wall No.1 well located in Wilson County. The well was a re-entry of a previously drilled well to the Buda formation. The Wall No.1 well was producing at a rate of 91 barrels of oil per day, with no water present. The management of Lucas Energy believes that this well has potential for the Eagle Ford Shale…