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Lucas Energy (LEI) Announces Five Workover Rigs Running in Eagle Ford Trend

HOUSTON, June 11, 2010 (GLOBE NEWSWIRE) — Lucas Energy, Inc. (NYSE Amex:LEI), an independent oil and gas company (the “Company”) based in Houston, Texas, today announced that the Company has five (5) workover rigs running in the Eagle Ford – Austin Chalk Trend area. Three of the workover rigs are working on re-entries of old, abandoned wells, and one of the workover rigs is drilling a new lateral in the Austin Chalk formation. The Company will log and/or test the Eagle Ford formation in at least three wells within the next month.

William A. Sawyer, President and CEO of Lucas Energy, said, “The workover activities of Lucas Energy are the focus of our business plan to re-enter old wells and put them back on production. Development of the underlying upside potential in the Eagle Ford and Buda formations will continue to be done in conjunction with our joint venture partners to reduce risk, and financial exposure to the Company.” For more information on this and other activities of the Company, see the Lucas Energy web site http://www.lucasenergy.com/.

The Lucas Energy logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4192

Forward-Looking Statement

This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement identified by the words “expects,” “projects,” “plans,” “feels,” “anticipates” and certain of the other foregoing statements may be deemed “forward-looking statements.” Although Lucas Energy believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this press release. The Company’s complete filings with the Securities and Exchange Commission are available at http://www.sec.gov

Friday, June 11th, 2010 Uncategorized