HOUSTON, April 30, 2009 (GLOBE NEWSWIRE) -- Lucas Energy, Inc. (NYSE Amex:LEI) ("the Company"), an independent oil and gas producer based in Houston, Texas, announced today it will host a booth at the upcoming Money Show to be held at the Mandalay Bay Resort in Las Vegas, Nevada from May 12-14, 2009.
The Money Show is one of the world's largest gatherings of retail investors and broker/dealers looking for growth-oriented investment opportunities. Organized more then 30 years ago, The Money Show was developed to join individual investors, expert speakers, leading financial services firms, top investment media and top publicly traded companies together in a live forum. This year, The Money Show will feature more than 200 workshops, and speakers who will provide insights and advice on markets, the economy and investing.
Attendees will have the opportunity to visit with the Lucas Energy management team at booth No. 709 in the Exhibit Hall attached to the Mandalay Bay Resort. In addition, Lucas will host a hospitality suite on Tuesday, May 12th from 1:00 p.m. to 6:00 p.m.; on Wednesday, May 13th from 10:00 a.m. to 6:00 p.m.; and on Thursday, May 14th from 10:00 a.m. to 2:00 p.m. Lucas shareholders and individuals interested in the Company are encouraged to stop at the Company's booth to receive an invitation to the hospitality suite.
Management Comments
Mr. William Sawyer, President and CEO of Lucas Energy, said, "We are very excited about having the opportunity to tell the Lucas Energy story to the retail investors who attend 'The Money Show.' The Lucas story of solid, low risk growth in the domestic oil development and production energy sector will appeal to investors interested in investments the U.S. energy industry." Mr. Sawyer went on to say, "We certainly invite any interested investor to stop by our booth and learn more about Lucas Energy and the opportunity we afford our current and future investors."
About Lucas Energy
Lucas Energy, Inc. (NYSE Amex:LEI) is an independent crude oil and gas company building a diversified portfolio of oil and gas assets in the United States. The company is focused on identifying underperforming oil and gas assets, which are revitalized through a meticulous process of evaluation, application of modern well technology, and stringent management controls. This process allows the company to increase its reserve base and cash flow while limiting the risk typically associated with traditional exploration projects. The Company's headquarters are located at 6800 West Loop South, Suite 415, Bellaire, Texas 77401.
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. These include risks inherent in the drilling of oil and natural gas wells, including risks of fire, explosion, blowout, pipe failure, casing collapse, unusual or unexpected formation pressures, environmental hazards, and other operating and production risks inherent in oil and natural gas drilling and production activities, which may temporarily or permanently reduce production or cause initial production or test results to not be indicative of future well performance or delay the timing of sales or completion of drilling operations; risks with respect to oil and natural gas prices, a material decline in which could cause the Company to delay or suspend planned drilling operations or reduce production levels; and risks relating to the availability of capital to fund drilling operations that can be adversely affected by adverse drilling results, production declines and declines in oil and gas prices and other risk factors. The complete filing is available at http://www.sec.gov.