Lucas Energy Showcased as Top 10 Company by Wall-Street.com

Houston, TX | February 8, 2012 – Lucas Energy, Inc. (AMEX: LEI), an oil and gas company bringing old wells back on production, has been selected to showcase as a Top 10 Company on Wall-Street.com based upon the potential of the company, management’s track record and strong forward-looking statements.

Lucas Energy is actively acquiring producing, shut in, or abandoned oil wells in the Austin Chalk/Eagle Ford/Eaglebine Trend in Texas. The wells are put back on production to create cash flow and to enhance the lease value. Finally, Lucas looks for the underlying value in the properties. If the underlying value is within its budget, Lucas develops the lease with internal capital. If the project to develop the underlying value is too large for Lucas’ budget, the Company seeks outside joint venture partners. In the fiscal year 2011-12 (ending March 31, 2012), Lucas was a joint venture partner with several entities including Marathon Oil Company, Seidler Oil & Gas, and Nordic Oil USA 1.

Through the third quarter of the fiscal year 2011-12, Lucas Energy, Inc. drilled one new Austin Chalk horizontal well and two new Austin Chalk laterals from older horizontal wells in Gonzales County, Texas. Currently, Lucas is drilling a second new Austin Chalk horizontal well and starting to commence drilling a third new Austin Chalk lateral from an older well. In this last quarter, Lucas anticipates drilling a fourth new Austin Chalk horizontal well and two more new Austin Chalk laterals from older horizontal wells.

Visit www.Wall-Street.com to see the complete profile on Lucas Energy.

About Lucas Energy

Lucas Energy, Inc. is a publicly traded oil and gas company on the NYSE Amex with the symbol LEI. The Company acquires low producing, shut in or abandoned oil wells with underlying potential. Currently, Lucas Energy has acreage in the fast growing Eagle Ford Trend in Central Texas near San Antonio. Lucas has not departed from it base business plan of (1) acquiring wells at a low cost, (2) improving production in the wells, and (3) developing the underlying upside potential with joint venture partners.

Cautionary Note to U.S. Investors

Effective January 1, 2010, the United States Securities and Exchange Commission (SEC) now permits oil and gas companies, in their filings with the SEC, to disclose not only "proved" reserves (i.e., quantities of oil and gas that are estimated to be recoverable with a high degree of confidence), but also "probable" reserves (i.e., quantities of oil and gas that are as likely as not to be recovered) as well as "possible" reserves (i.e., additional quantities of oil and gas that might be recovered, but with a lower probability than probable reserves). As noted above, statements of reserves are only estimates and may not correspond to the ultimate quantities of oil and gas recovered. Any reserve estimates provided in this press release that are not specifically designated as being estimates of proved reserves may include estimated reserves not necessarily calculated in accordance with, or contemplated by, the SEC's latest reserve reporting guidelines. Investors are urged to consider closely the disclosure in the Company's Annual Report on Form 10-K available from the Company at P.O. Box 1148, Zephyr Cove, NV 89448(attn: Investor Relations). You can also obtain this report from the SEC by calling 1-800-SEC-0330 or from the SEC's website at www.sec.gov.

Safe Harbor

Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby.

The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. The company does not undertake any responsibility to update the forward-looking statements contained in this release.

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This release was published on openPR.