Author Archive
Lucas Energy Announces Closing Part I of Eagle Ford Shale Joint Venture
HOUSTON, May 10, 2010 (GlobeNewswire via COMTEX) — Lucas Energy, Inc. (NYSE Amex:LEI), an independent oil and gas company (the “Company”) based in Houston, Texas, today announced that the Company has closed the first part of an Eagle Ford Shale joint venture with Hilcorp Energy I, L.P., an affiliate of Hilcorp Energy Company, one of [...]
Lucas Energy Announces It is Bank Debt Free
HOUSTON, May 6, 2010 (GlobeNewswire via COMTEX) — Lucas Energy, Inc. (NYSE Amex:LEI), an independent oil and gas company (the “Company”) based in Houston, Texas, today announced that the Company has paid off its credit facility with Amegy Bank. The company paid off the approximately $2.2 million loan from the proceeds of a partial sale [...]
New Scanning Technology Turning Heads in the Oil & Gas Sector
Have your ever heard of a scanning technology that can reach depths of up to 4km? If you haven’t then your about to! This new technology works by learning how different substances, including hydrocarbons, interact with the light waves passing through them, which are then reflected back to the surface. The scanning system measures the [...]
Don’t Just Drive…..THINK! Care Free and Clean Mobility
The Norwegian electric car company THINK has been in business for 18 years and they know how to make electric cars. They are attempting to change the way consumers think about cars and having one of the major leaders in the car industry behind them from an early start doesn’t hurt either. Yes, I’m talking [...]
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